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Macao’s Advantages
As an international business and tourism destination, Macao boasts numerous advantages in its business environment. Below is an introduction to these key benefits:
01.
The “one country, two systems” model – a premium policy breeding prosperity and security.
Macao retains its capitalist system and way of life while benefiting from access to the vast mainland market and development opportunities, with strong support from the central government. The nation’s massive market, comprehensive industrial system, solid infrastructure, institutional strengths, and talent pool provide a robust foundation for development with resilience and a bright future.
02.
Safe and stable social environment.
Macao is regarded as a safe and stable destination for both business and tourism. With a developed economy, political stability, and low crime rates, it provides an excellent social environment for business activities.
03.
Extensive exhibition facilities.
Macao offers more than 240,000 square metres of convention and exhibition space and 46,000 hotel rooms, catering to the needs of conferences and exhibitions of various sizes.
04.
Cultural diversity.
As a place where Eastern and Western cultures converge, Macao boasts 25 UNESCO World Heritage sites, offering a unique cultural experience.
05.
Convenient visa policies.
Citizens from 145 countries enjoy visa-free or visa-on-arrival entry, and Macao’s close economic and trade ties with the Chinese mainland ensure ease of access for participants in events.
06.
Superior business environment.
Macao’s business environment is constantly improving, with the territory maintaining its status as a separate customs zone and free port. It has a simple and low tax regime, making it one of the regions with the lowest corporate income tax globally, and is recognised by the WTO as one of the most open economies for trade and investment.
07.
Convenient transport network.
With an area of just 33.3 square kilometres, Macao boasts excellent transport links, allowing travel anywhere within the territory in 20 minutes. The Hong Kong-Zhuhai-Macao Bridge further enhances its connectivity with surrounding areas.
08.
Strategic location.
Situated in the Guangdong-Hong Kong-Macao Greater Bay Area, Macao is adjacent to Hong Kong and close to Guangdong province, making it a key hub for regional co-operation.
09.
City of gastronomy.
Recognised by UNESCO as a “Creative City of Gastronomy,” Macao offers an array of culinary options, including several Michelin-starred restaurants.
10.
Variety of post-conference activities.
Attendees can enjoy a wide range of entertainment options after events, including duty-free shopping and world-class performances.
11.
High international recognition.
Macao’s conventions and exhibitions industry is internationally recognised by reputable organisations such as ICCA and UFI, and local professionals hold certified qualifications.
12.
Government support.
The Macao government offers the “One-stop Service” for MICE Bidding and Support in Macao, as well as subsidy programmes for conventions and exhibitions to promote the development of the MICE industry.
Source: Macao Commerce and Investment Promotion Institute (IPIM)