Macau’s retail industry – specially the luxury segment – has been growing at a fast pace over the last 5 (five) years with major opportunities arising out of the new shopping malls and the exponential growth in tourism and gaming business, resulting in the increase of overall economic growth and a rising desire for luxury products turning Macau into a shopping destination.
In the coming years, with the development of further integrated resorts and shopping malls due to open very soon, it is expected that the number of opportunities in the retail sector will continue to rise in Macau.
Notwithstanding, understanding the local market and the subtleties of a civil law based legal system can pose considerable challenges and often requires expert advice.
Our lawyers have extensive experience with respect to the recent developments in the legal framework applicable to the retail market, which companies will inevitably face when entering the Macau retail market.
We are able to assist retailers on a continued basis, including:
- – Advising on how to set-up a business in Macau;
- – Advising on the terms and conditions applicable to commercial leases and to the agreements for the grant of a right to use a shop in shopping malls;
- – Advising on business general licensing procedures; and
- – Advising on labor laws, import labor, work permits and general immigration issues.