Page 192 - AmCham South China 2026 Special Report on the State of Business in South China

Fig 13. Macau continuously deepens ¡°Tourism+¡± integration and advances diverse tourism strengths
with travel trade

Source: Statistics Bureau of Macau

with the goal of attracting more private equity ? Launching multiple tax relief initiatives and
funds in the future to achieve mutual growth. These continue the ¡°SME bank loan interest subsidy scheme¡±.
initiatives will significantly support Macau¡¯s efforts
toward appropriate economic diversification. Tax relief

? 30% exemption on salaries tax.
Recent policies and reforms

? 60% refund of 2024 salaries tax paid by
2026 Policy Address highlights: Macau residents, capped at MOP14,000.
164

Economic development and diversification Employment initiatives

? The government will fortify economic ? Prioritizing local employment and urging
recovery and foster new industries with key sectors such as financial institutions and
international competitiveness through a multi- higher education institutions to create more job
pronged approach, including increased policy opportunities for Macau residents.
support, financial investment and optimization of
the business environment. ? Reviewing and improving the approval
system for non-resident workers, enabling more
? Encouraging SMEs to develop towards dynamic regulation of their numbers.
specialization by offering high-quality products and
unique characteristics. ? Strengthening enforcement against
illegal employment and further improve labor
? Optimizing the modern financial industry laws and regulations.
to accelerate the development of high-tech
industries. Accelerating the development of the ? Expanding the ¡°employment + training¡±
digital economy and strengthening efforts to special program into finance, construction and
attract investment. public utilities.

? Eligible corporate treasury centers ? Launching a comprehensive vocational
established in Macau will enjoy a preferential training platform, with public higher education
profits tax rate of 5%. institutions and subsidized organizations to be
164 Government site of Macau, https://www.policyad- included in the first phase, offering an estimated
dress.gov.mo/home.html?p=pa&l=zh-hant 500 training courses by 2026.

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