|
| Macao Trademark Registration |
|
|
|
 |
|
| Litigation in Mainland China |
|
| Types of Company and responsibilities of the members: |
1. Unlimitedliability Company
Formed by at least 2 members whohave subsidiary responsibilities in relation to the company.
2. Mixed LiabilityCompany
a) Mixed Liability Company by quotas*:
Composed of unlimited liability partners as well as limited liability partners. Limited liability partners are only responsible for their share proportion. With no responsibility for any debts incurred by the company. On the other hand, unlimited liability partners are responsible for all debt of the company.
b) Mixed Liability Companyby shares:
Limited liability shareholders acquire shares of the company and are only responsible for this amount, unlimited liability shareholders are responsible for all debt of the company.
3. LimitedLiability Company by quotas*:
Thisis the most common type of company set up in Macao, composed of a minimum of 2 andmaximum of 30 members. The minimum number of quota issued should therefore betwo and the minimum value for each quota should not less than Mop1000, eachsubscriber should have at least 1 quota.
However, another type of limitedliability company by quotas is also available, Limited Liability Company by asole Owner. Any natural person can set up his own company with his owncapital. This company is formed by 1 quota and consists of 1 single person.This type of company is subject to the same regulations that apply to LimitedLiability Company by quotas.
*Quota is a share in a private limited liability company. The rights oftransferring is restricted and it prohibit any invitation to the public to subscribe for anyshares in the company.
4. Limited Liability Companyby shares
A Limited Liability Company by shares has a sharecapital. The minimum capital is Mop 1,000,000 and the minimum value of each share must be Mop 100 with shares of equal value Composed of atleast 3 members, the shareholders are responsible only for the shares they owned, not for the debts of thecompany. The company is responsible for the debts in its total assets. |
 |
|
