Proceedings of the 2018 International Conference on Social Science and Education Reform (ICSSER 2018)

The Platform Function of Macao in the Foreign Investment of Chinese Mainland Enterprises

Authors
Xuyang Dong
Corresponding Author
Xuyang Dong
Available Online October 2018.
DOI
https://doi.org/10.2991/icsser-18.2018.49How to use a DOI?
Keywords
Macao; Mainland enterprises; Foreign investment; Investment framework; "Interlayer" companies
Abstract
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.
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Proceedings
2018 International Conference on Social Science and Education Reform (ICSSER 2018)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2018
ISBN
978-94-6252-600-6
ISSN
2352-5398
DOI
https://doi.org/10.2991/icsser-18.2018.49How to use a DOI?
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  - 2018 International Conference on Social Science and Education Reform (ICSSER 2018)
PB  - Atlantis Press
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  -