Macau
UTC +0
Macau
Vegas of the orient
Overview
Macau is an autonomous region on the south coast of China, across the Pearl River Delta from Hong Kong. It is one of the freest economies in the region, with a flourishing gaming and tourism industry. Macau has a simple taxation system with low tax rates and no tax on capital gains. Much like Hong Kong, Macau is a free port with a separate customs policy from China. Positioned between Hong Kong and China, it is the ideal base of operations to enter the Great Bay Area and “Belt and Road Initiative”.
FX control
None
Language
English
Population
67 Million
Success Rate
Hight
Incorporate time
1 day
Capital Requirement
£12 - 100
Tax & Finance
GDP (USD)
2.9 trillion
Currency
Pound Sterling (GBP)
Corporate Tax
25%
Income Tax
20%
Mandatory Leaves
Maternity leaves
52
Days
Statutory holidays
7
Days
Annual leaves
28
Days
Sick leaves
87
Days
Total: 174 Days
Labour Condition
Maximum Working Hours
48 hours per weeks
Minimum Wage
4.15/Hr
Japan
UTC +9
Japan
Overview
Japan is an island country in East Asia, located in the northwest Pacific Ocean. Japan is the third largest national economy in the world. Japan’s main imports are machinery and equipment, fossil fuels and chemicals etc. for its industries. Japan has a large cooperative sector, and the largest agricultural cooperative in the world as of 2018.
FX control
None
Language
Japanese
Population
125 Million
Success Rate
Normal
Incorporate time
2-4 weeks
Capital Requirement
150000 Yen
Tax & Finance
GDP (USD)
5081.7 bil
Currency
Japanese Yen
Corporate Tax
15%
Income Tax
20%
Mandatory Leaves
Maternity leaves
105
Days
Statutory holidays
16
Days
Annual leaves
12
Days
Sick leaves
0
Days
Total: 133 Days
Labour Condition
Maximum Working Hours
8 hours per day
Minimum Wage
90/Hr