The Platform Function of Macao in the Foreign Investment of Chinese Mainland Enterprises
Available Online October 2018.
- https://doi.org/10.2991/icsser-18.2018.49How to use a DOI?
- Macao; Mainland enterprises; Foreign investment; Investment framework; "Interlayer" companies
- Chinese mainland enterprises generally set "interlayer" companies within the framework of foreign investment to reduce the risk in foreign exchange, taxation, financing and other aspects. This paper has discussed about the platform function of Macao in the foreign investment of mainland enterprises through analyzing the advantages of the Macao Special Administrative Region in terms of system, culture, financial service, setup, operation cost, tax system and other aspects. This paper has drawn the following conclusions through investigation method and qualitative analysis method: in case that the mainland enterprises want to invest in Portuguese-speaking countries that have signed bilateral tax agreement with Macao, Macao is undoubtedly an ideal area for setting "interlayer" companies. In case that the final investment destination is non-Portuguese-speaking countries, although the advantages for setting "interlayer" companies in Macao will be greatly reduced, it can still exert functions such as the isolation of investment risk, the deduction of tax, etc. to some extent. Most previous relevant researches has focused on "tax avoidance heaven", such as Hong Kong Region of China, and Cayman Islands; while the innovative point of this paper is to mainly discuss about the platform function of Macao Region in the foreign investment of mainland enterprises that are neglected by researchers, but possess an important investment strategy position.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Xuyang Dong PY - 2018/10 DA - 2018/10 TI - The Platform Function of Macao in the Foreign Investment of Chinese Mainland Enterprises BT - Proceedings of the 2018 International Conference on Social Science and Education Reform (ICSSER 2018) PB - Atlantis Press SP - 210 EP - 214 SN - 2352-5398 UR - https://doi.org/10.2991/icsser-18.2018.49 DO - https://doi.org/10.2991/icsser-18.2018.49 ID - Dong2018/10 ER -