Macao SAR

asialaw Analysis

General business law
DSL Lawyers

DSL lawyers is ranked ‘Outstanding’ in general business law. Capital markets, corporate and M&A, dispute resolution and regulatory are some of the firm’s core practice areas. Managing partner Carlos Simões is especially skilled in introducing new investors to the Macau market, and at advising Hong Kong businesses on Macau operations. 

Work highlights 

Advised MGM China Holdings on note issuance. The firm advised on Macau matters, including various regulatory issues, due diligence, and issuance of LO. 

Jorge Neto Valente Advogados

Established in Macau in 1970, ‘Outstanding’ firm Jorge Neto Valente Advogados is experienced in banking, gaming, insurance and real estate. Founding partner Jorge Neto Valente has extensive experience advising on court cases, real estate projects, cross-border transactions, corporate reorganisations and investments. He has profound legal knowledge and experience of gaming laws and operations in Macau. Pedro Branco and Rui Sousa are other key figures of the firm.

Work highlights 

Advised a foreign client, a company with gaming operations in southern Asia, on $200 million arbitration with seat in Macau. This is the first record of an international arbitration seated in Macau. 

Assisting the banking syndicate in a HK$2.3 billion financing for the development of an Integrated Resort in Macau. 

Assisting a bank in a HK$2.1 billion refinancing of the development of a residential building in Macau. 

Manuela António - Lawyers and Notaries

Manuela António  Lawyers and Notaries is known for its expertise in aviation, banking and finance, and gaming. Partner Hugo Ribeiro Couto focuses his practice on litigation, being involved in several disputes concerning civil, corporate, real estate, insurance and administrative matters. Partner Hugo Bandeira left the firm in May 2021.

Work highlights 

Advised Melco Resorts Finance on the issuance of additional $250 million senior notes.  

Advised Studio City Resorts Finance on the issuance of $500 million senior notes due 2025 and 2028, respectively.  

Assisted Taipei Fubon Commercial Bank in a financing deal involving Dynamic Apex Macao Commercial Offshore. 

Key clients 

AvolonHSBC, Sumitomo Mitsui Banking Corporation 


MdME is known for its speciality in banking, gaming, insurance and real estate. Managing partner Rui Pinto Proença specialises in corporate and M&A, with a focus in highly regulated sectorsRui Filipe Oliveira joined the firm as partner in December 2019In April 2020, the firm hired employment specialist Helena Kok as partner from Galaxy Entertainment.

Work highlights 

Acted for Industrial and Commercial Bank of China (Macau branch) on the issuance of notes due 2022. 

Acted for Bank of China (Macau branch) on the issuance of notes due 2022. 

Rato Ling Lei & Cortés

Rato Ling Lei & Cortés specialises in banking and finance, capital markets, corporate and M&A, and dispute resolution. The firm’s industry strengths are in the gaming, IT and real estate sectors. San Chi Chang was promoted to senior partner during the research period.

Work highlights 

Advised Kirin Brewery Company on restructuring of its corporate structure. 

Advised The Viet Thai Group on closing Hard Rock shops at Studio City. 

Advised Marriot on data protection. 

Key clients 

Boardware Information SystemChina TelecomEtekcityMarsh & McLeanMelkweg Holdings 

Riquito Advogados

Riquito Advogados is ranked ‘Outstanding’ in general business law. Led by managing partner João Nuno Riquito, the firm’s core practice areas include corporate and M&A, intellectual property and litigation. The firm has been expanding its IP and Gaming practice in order to follow the development of Macau SAR as a gaming hub. 

Client feedback 

“Excellent legal knowledge and deep understanding of our business. Gives us the perfect advice. – Corporate and M&A 

Experienced and skilful to negotiate.” – Corporate and M&A 

“Outstanding legal advice protecting sellers, very skilful negotiators and promoting innovative risk mitigation alternatives.” – Corporate and M&A 

“Mastery of the facts and legal procedure for the primary lawsuit and the appeals.” – Dispute resolution 

Riquito Advogados is a law firm that works closely with the clients. It always provides a solution for our problems. Where other people see threats the firm sees an opportunity and gives us a solution. It is also very professional and very focused.” – Real estate 

Riquito Advogados, we consider an extension of our company. They are unparalleled in corporate and contract matters. We have worked with other top offices in Macau and I find Riquito Advogados and its legal team to be in a league of its own.” – Tax  

Bruno Almeida 

“Excellent legal knowledge, deep understanding of our business and careful in contract drafting.” 

“Strong knowledge of legal procedures and practical implementation.” 

“This lawyer is very professional and attentive to our needs. He helps us to resolve a lot of problems and is capable to manage different issues with the same professionalism.” 

“Since day one, Bruno Almeida has been our head of legal. His young age disguises an incredibltalented lawyer who I frequently recommend. I cannot count the times Almeida has been indispensable in our corporate matters. Furthermore, we count on him to bridge all legal matters with other firms in other territories we operate. He is an amazing person and a brilliant lawyer.” 

João Nuno Riquito 

He listens, understands our problems and tries to find solutions.” 

Outstanding knowledge, skills and performance.” 

Work highlights 

Advising in the equity restructuring of the flag carrier airline of Macau. 

Advising the majority stakeholder in setting a cross border joint venture to bid in the tender for FBO services at the Macau International Airport.  

Advising on the negotiation, execution and implementation of an aircraft management agreement.