Exemption allowance for profits tax assessment in 2024 is MOP600,000. [1]
Companies, which have already registered as Group A taxpayer in the FSB, will be able to deduct from their taxable revenues 300% of the first MOP3,000,000 spent on qualifying research and development activities, and 200% of any additional R & D expenditure, subject to a cap of MOP15,000,000. [2]
In 2025, the income obtained or generated in Portuguese-speaking countries shall be exempt from Profits Tax, when the relevant profits tax has been paid in that countries. [3]
Interest obtained through debt securities, which are issued in the MSAR, as well as income obtained from the purchase and sale, redemption or other availability, shall be exempt from the profits tax. [3]
References:
1. Law Nº 25/2024 – the Government Budget of Financial Year 2025: Article 23
2. Law Nº 25/2024 – the Government Budget of Financial Year 2025: Article 24
3. Law Nº 25/2024 – the Government Budget of Financial Year 2025: Article 25