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2. EXPORTING.2b. Import Restrictions.All imports are subject to licenses issued freely by the Services de Economia de Macau. Licenses are valid for three months from date of issue. Extensions are typically not permitted. Imports that are prohibited or require government approval include telephone
and telegraph equipment, arms and ammunition, motor vehicles, fuels, electrical
equipment, livestock, acids, corrosives, and medicines. 2c. Import Duties.There are no customs duties or surcharges. There is a three percent
stamp tax applied to all shipping documents. 2d. Documentation.All shipments to Macau require: * Two copies of a commercial invoice,
in Portuguese or English. 3. COMMERCIAL POLICIES.3a. Free-Trade Zones.Macau is a free port. 3b. Exchange Controls.There are no exchange controls in place. Advance payments for imports
and payments on open accounts are permitted. 7. REGULATORY AGENCIES.The state-owned Instituto Emissor de Macau reguates the money, finance,
and foreign exchange markets. 8. USEFUL CONTACT.Macau will be a Portuguese overseas territory until December 20, 1999 and is currently represented by the Portuguese government. Office of the Governor |
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