Updated: Aug 25, 2020
Part 5: Signing in to the digital age
The only Chinese city to legalise the casino business has been thriving with Macau a top tourist spot for gambling.
Macau’s casino business attracts international tourists and accounts for 15% of employment for the working population. This small city also boasts tourist attractions that are enticing for international businesses to invest in.
As Macau finds its place internationally, foreign businesses should understand the legal procedures regarding electronic signatures, which vastly improve the ease of conducting international business fluidly.
The Macau Civil Code governs the electronic signature legislation and adopts a tiered legal model.
Read on to learn more about the legal compliance for electronic signatures in Macau specifically, and check out more in this series on Southeast Asia, Hong Kong, China, New Zealand, Australia, UK, Cayman Islands, and BVI.
Applicability of an Electronic Signature
The passage of The Macau Law of Electronic Documents and Signatures in 2005 means e-signatures are legally recognised in Macau.
To prove a valid contract, a written signature is not required and contracts are considered valid if competent individuals reach an agreement. This can be verbally or electronically so long as its integrity can be shown. If parties need to present evidence in court, digital transaction management solutions can provide electronic records that are admissible as evidence under Articles 355 and 362 of the Macau Civil Code and Article 450 ff. of the Macau Civil Procedure Code.
By Celestine Loh
Founded in 2013, Zegal is the fastest growing LegalTech company operating across Asia Pacific and Europe. Today, business users and lawyers across the globe trust Zegal’s software to solve legal problems in an affordable and efficient way.
Zegal is led by a talented team of 60 employees and has offices in Hong Kong, Singapore, Nepal, Australia, New Zealand, and the UK.
Zegal has been featured in the New York Times, Forbes, and Huffington Post, and was recently recognised in the South China Morning Post as an emerging LegalTech company in the artificial intelligence space.