Top-Rated Debt Collection Agency in Macao

Fast and reliable debt collection in Macao - no upfront costs, only pay for success. Request a FREE Consultation or upload your claim today.

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4.97/5 Average rating from 600+ reviews
WHY USE DEBITURA? 

Recover your debt in Macao the easiest way.

Debitura's team of skilled professionals specializes in debt recovery services in Macao, providing a wide range of solutions such as accounts receivables management, debt collection notices, and pre-legal and legal debt collection services, including enforcement court proceedings. We leverage our expert knowledge of Macao's debt collection laws and regulations to offer efficient and effective debt recovery solutions for businesses seeking to recover outstanding debts.

End-to-end support provided throughout the entire process.

Tailored approach to debt recovery.

We have a team of over 500 specialists in handling debt collection matters on an international scale.

We achieve a success rate of 87% while maintaining the lowest cost.

"Meet our legal partners in Macao: Top debt collection lawyers"
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The ultimate guide about debt collection in Macao

If you have money that someone else owes you from Macao, you have come to the right place! We have helped hundreds of other businesses get their money back from people who owe them.

Collecting a debt in Macao can seem impossible, but it is simpler when you use a collection agency that knows the laws and customs of that country. This way, you are more likely to get your money back.

At Debitura, we care about people. We do everything we can to get your money back while still having a good relationship with your customer. Our efforts are fair and firm. We want to help you keep your good reputation! If you want to learn more about how to collect debt yourself, read this guide from beginning to end. If you would rather work with a local law firm that specializes in debt recovery in Macao, we can help you with that too.

New to debt collection?
The debt collection process can be complex and daunting for those new to it. Our team of experts is here to help you understand the process and navigate it with ease. Get free expert advice on your specific case, provided by our team of experienced professionals.

Debitura helps you collect debt from people in Macao and other countries. To get started, upload your claim. We will review it and provide you with 3 free quotes from local debt collection lawyers within 24 hours. We use both people and technology to get results and manage contact information. This way, we can get the results you need while still keeping good relationships with our customers. We also have a network of people who help us with things like debt collection, legal matters, and supplies. These are people we work closely with and who we value.

We work with the following process: 
1

Upload claim

Begin debt collection in Macao today without any charges. Simply make a profile for free and submit your case in just 2 minutes.

2

Pre-legal

Our pre-legal recovery process has a proven track record of success. During the first 3 months, we will work to collect your claim using this process. You only pay if we are successful.

3

Legal

If your debt is not paid during the pre-legal phase, we will offer you 3 quotes from our local debt collection attorneys.

4

24/7 updates

You get access to our online portal where you can track your case in real-time

Introduction to collecting debt in Macao


Do you have trouble collecting money that people owe you in Macao? Don't worry, we can help you get paid by your Chinese customers. The person who owes money is called the debtor, and the person who is owed money is called the creditor. If the creditor collects the debt himself, this is called first-party collection. If the creditor hires someone else to collect the debt, this is called third-party collections.

The debt collection process in Macao

The debt collection process in Macao is usually done in more than one step.

The image below explains our standard process for collecting debt in Macao.

The debt collection process in Macao
1 Upload your claim:

If you want someone to help you get your money back, you will start by finding a debt collection partner. You will give them information about the money you are owed, and they will try to get the money for you. If you use Debitura, we will give you 3 quotes from local partners in Asia. This service is free - there is no catch.

2 Amicable collection:

The collection process begins with sending reminders to the person who owes you money. The reminders will be sent through email, SMS, and other ways in the country where the person lives. The goal is to get the person to pay you back or agree that they owe you money and then start a plan to pay you back. Debitura offers a no-cure-no-pay solution for amicable collection, which means that you only have to pay a small success fee if we are able to recover your debt. Amicable collections with Debitura are risk-free!

3 Evaluation:

If you have not received payment from the debtor after trying to work things out, it is time to decide what to do next. We will look at the size of your claim, the chances of getting paid and other factors to help you decide what to do next. There are three typical next steps:

A: Surveillance:

If your claim is for less than 2,000-5,000 euros, it is often not worth it to take further legal action. In this case, we recommend "debt surveillance." This means that we will keep trying to contact your debtor and try to reach an agreement without going to court.

B: Legal collections:

It's a good idea to take legal action if you have a big claim. The steps you need to take will vary depending on what type of claim you have and how big it is. Generally, it takes around a year and a half to go through the whole process.

C: Debt enforcement:

If the debtor agrees that you are owed money, or if there is a court order, you can go to the bailiff's court to get your money.

At Debitura, we can help you with all three steps in Macao.

5-star user rating5-star user rating5-star user rating5-star user rating5-star user rating
"Thanks to Debitura's excellent debt collection services in Macao, we were able to recover the unpaid debts without any delays or hassle. We highly recommend their professional and efficient services to anyone in need!"
Sophia Lee - Accountant at ABC Company Macao
5-star user rating5-star user rating5-star user rating5-star user rating5-star user rating
"We were struggling to recover outstanding debts in Macao, but Debitura's expert assistance in debt recovery Macao helped us resolve our financial burdens. Their affordable pricing and transparent model made it stress-free!".
Samantha Wong - Accounts Receivable Specialist
4.97/5
Average rating based on feedback from over 600 satisfied clients
87%
Average debt recovery rate, exceeding industry standards
100M+
Debt recovered for our clients in the past 18 months

Amicable collection in Macao

At Debitura, we offer a 100% risk-free and efficient process for Amicable collections. To get started, simply submit your claim, and we will begin within 24 hours.

We will contact your debtor through different ways in Macao. This might include email, text messages, letters, phone calls, and social media.

The goal is to:


A) get the debtor to pay the full amount 
B) get the debtor to say that they owe the money and start a plan to pay it back

If the person you are trying to get money from has said that they do not owe you money, you cannot try to resolve this peacefully. You must go straight to legal action.

Get started with
amicable debt collection

Upload your claim and get started with our 100% no-cure-no-pay collection solution.

100% free
Get the best price
No-cure-no-pay
Fast collection process
High recovery rate
100%
Risk free
Upload claim!

Debt enforcement in Macao

If you have a written acknowledgement from the debtor or a court order, you can ask the bailiff's court in Macao to help you get your money.

The way to do this and how much it will cost is different for each person. You can tell Debitura your situation, and then they will give you 3 different options within 24 hours.

Get started with
debt enforcement

Upload your claim and get 3 FREE quotes from our local collection partners.

100% free
Get the best price
No-cure-no-pay
Fast collection process
High recovery rate
100%
Risk free
Upload claim!

Insolvency proceedings in Macao

If the person you owe money to cannot pay you back, you can start a process called insolvency. This process is when we sell their things to try to pay back some of the money they owe.

Macao country risk profile

We have investigated Macao's critical financial data and extrapolated a risk assessment. You can use this analysis to evaluate your payment terms and control the risk when trading and doing business with customers in Macao.

Low risk
5-10
Medium-low risk
11-15
Medium risk
16-20
Medium-high risk
21-23
High risk
24-26
Low risk
5-10
Medium-low risk
11-15
Medium risk
16-20
Medium-high risk
21-23
High risk
24-26
Low risk
5-10
Medium-low risk
11-15
Medium risk
16-20
Medium-high risk
21-23
High risk
24-26
Low risk
5-10
Medium-low risk
11-15
Medium risk
16-20
Medium-high risk
21-23
High risk
24-26
Low risk
5-10
Medium-low risk
11-15
Medium risk
16-20
Medium-high risk
21-23
High risk
24-26

Our analysis concludes that the risk of running a business in Macao is medium-low. Based on this medium-low score, we recommend being careful providing credit and considering charging upfront payment or using credit insurance when trading if you don't know the customer in Macao well. If possible, provide a short credit period or even better upfront payment. The medium-low risk score is based on the following factors:

Economic Risk:
3
Economic Risk:
3
Economic Risk:
3
Economic Risk:
3
Economic Risk:
3
Economic Risk:
3
Business Risk:
2
Business Risk:
2
Business Risk:
2
Business Risk:
2
Business Risk:
2
Business Risk:
2
Political Risk:
2
Political Risk:
2
Political Risk:
2
Political Risk:
2
Political Risk:
2
Political Risk:
2
Commercial Risk:
3
Commercial Risk:
3
Commercial Risk:
3
Commercial Risk:
3
Financing Risk:
1
Financing Risk:
1
Financing Risk:
1
Financing Risk:
1

The economic risk in Macao

Our conclusion based on the economic risk factors, is that the economic risk in Macao is medium (3 out of 6). An economic risk of 3 out of 6 is low in Asia.

GDP and economic growth are critical drivers for economic risk.
The GDP of Macao is 29,91 bn. USD (2021), growing by 17,99% per year.

In terms of the size of its economy, Macao ranks #96 out of 183 countries and has a medium-sized economy.

In terms of growth rate, it is ranked #4 out of 183 countries and is therefore considered a fast-growing economy.

GDP per capita is 45422 USD, ranking Macao number #23 out of 183 countries. The result of this is purchasing power of citizens in Macao is high compared to the rest of the world.

You can see a more detailed picture of GDP and economic growth in Macao in the table below:

GDP and economic growthLatest value
Economic growth: the rate of change of real GDP17,99%
Gross Domestic Product, billions of U.S. dollars29,91
GDP per capita, current U.S. dollars45421,63
GDP per capita, Purchasing Power Parity67178,74

Another critical driver for the economic risk score is the inflation rate and the interest rates. You can see a more detailed overview of monetary data points in Macao in the table below:

Monetary KPI'sLatest value
Business credit interest rate, percent5,26%

Businesses has an interest rate which is 5,26%.

The business environment risk in Macao

Our analysis shows that the business environment risk in Macao is low (2 out of 6), which is a low risk score in Asia.

Economic freedom and rights determine the business environment risk in a country. You can see the critical facts for Macao in the table below:

Economic freedom indexLatest value
Property rights index (0-100)34

As you can see above, the property rights index is 34 in Macao, which is considered low in Asia.

The political risk in Macao

The political risk in Macao is low, with a score of 2/6. This is a low political risk score in Asia.

The governance and political stability indicators are vital drivers for political risk. An overview of Macao can be seen in the graphs below:

Governance and political stability indicators Latest value
Rule of law index (-2.5 weak; 2.5 strong)0,81
Government effectiveness index (-2.5 weak; 2.5 strong)1,13
Control of corruption (-2.5 weak; 2.5 strong)0,85
Political stability index (-2.5 weak; 2.5 strong)1,05

The rule of law index analyses to which extent agents have confidence in and abide by the rules of society, in particular the quality of contract enforcement, property rights, the quality of the courts, and the police's ability to enforce court orders.

When transacting business in a country, the rule of law index is critical as it describes your ability to enforce commercial contracts.

In Macao, the rule of law index is at 0,81 points, with the score going from -2.5 (weak) to 2.5 (strong). Macao has, therefore, a very high rule of law index, which means you have a very good chance of enforcing your contracts. If your individual customers have good creditworthiness, you should therefore feel relatively safe when providing credit.

The commercial risk in Macao

In Macao, the commercial risk score is 3/4, which in our model is a medium score. This medium commercial risk score is relatively high compared to the average in Asia.

The commercial risk is impacted by a country's international trade relationships. You can see some of the key facts for Macao in the table below:

International trade and investment Latest value
Exports of goods and services as percent of GDP88,3%
Exports of goods and services, annual growth69,88%
Imports of goods and services as percent of GDP75,88%
Trade balance as percent of GDP12,42
Foreign exchange reserves, billion currency units26.66

Macao has a foreign exchange reserve of 26.66 bn. USD.

Macao has a positive trade balance of 12,42% of GDP. The implications of this is that Macao imports fewer goods and services than the country exports.

The annual growth of exports of goods and services has been growing 69,88% annually - now 88,3% of GDP. Import of goods and services represents 75,88% of the GDP in Macao.

The financing risk in Macao

We have calculated the financing risk to be 1/4, which equals a very low risk. A very low financing risk score is low for countries in Asia.

The country's banking system, efficiency, and stability influence the financing risk. Additional facts and info can be found for Macao in the table below:

Banking system efficiency and stabilityLatest value
Interest rates on bank credit to the private sector5,26%
Real interest rate: Bank lending rate minus inflation6,04%

The very low financing risk for creditors also impacts the medium interest rate in the private sector of 5,26%.

Debt Collection in Macao: Frequently Asked Questions (FAQ)

How does debt collection work in Macao?

Debt collection in Macao is usually done in more than one step. The debt collection process begins with sending reminders to the debtor to try and get them to pay or agree to a payment plan. If this fails, you can take legal action or hire someone to help you collect the debt. Debitura offers a free service to get 3 quotes from local partners in Asia to help you with your debt collection. We also offer risk-free amicable collections and can assist you with legal collections and debt enforcement in Macao.

What is the debt collection process in Macao?

The debt collection process in Macao involves three steps: pre-legal collection, legal debt collection, and debt enforcement. Pre-legal collections involve sending reminders to the debtor to encourage repayment. If this fails, the next step is evaluation to determine if legal action is necessary. Legal collections are recommended for large claims and may take up to 18 months. Debt enforcement is the final step and involves going to the bailiff's court to get your money. Debitura can help with all three steps in Macao.

What legal options exist for debt collection in Macao?

In Macao, if a debt is disputed, a civil lawsuit is required. Debt enforcement and insolvency proceedings are also options. Legal actions require a local lawyer. Our platform offers 3 free quotes from local debt collection attorneys. Insolvency proceedings involve selling the debtor's assets to pay off debts. The cost of legal services depends on the complexity of the case and its size. Using Debitura, you can easily get quotes from multiple local lawyers to ensure the best deal.

How much does debt collection cost in Macao?

The cost of debt collection in Macao can vary depending on your specific case and desired actions. However, Debitura offers a no-cure-no-pay model for pre-legal collection with a success fee between 10-20%. The price for legal actions can be provided by 3 quotes from the best debt collection lawyers in Macao which Debitura can arrange for you.

How long does debt collection take in Macao?

The time it takes for debt collection in Macao varies depending on the debtor and case. If the case is resolved in the pre-legal stage, it may take 3-6 months. However, if legal actions are necessary, it typically takes 12-18 months. The duration of the debt collection process is determined by the complexity and circumstances of the situation, which is why it's essential to seek professional assistance to ensure the process moves smoothly.