Macau firm first to open in Hong Kong

0
211

Macau law firm MdME Lawyers set up its new office in Hong Kong recently to coincide with the opening of Hong Kong-Zhuhai-Macau bridge, and will soon also become the first law firm to have offices in the three jurisdictions of the Greater Bay Area once it receives approval to set up shop in Hengqin Island, Zhuhai.

Gonçalo Mendes da Maia, the managing partner of MdME, said the Hong Kong branch would only practise Macau law for the moment, and MdME lawyers would benefit from Macau’s position as an investment hub along the Belt and Road for Portuguese-speaking countries including Portugal, Angola and Mozambique.

“Being closer to our clients and to law firms that work with Macau clients is very important to us,” Maia told Asia Business Law Journal. “There are lots of new investments and new opportunities in Macau that will trigger a new wave of investments from Hong Kong investors, developers and contractors from lots of sectors.

“We don’t know if other law firms in Macau will follow us, but I think it’s important for the Hong Kong legal market to have Macau lawyers here to provide services of Macau law in Hong Kong.”

MdME partner Tirso Olazabal will be head and permanent representative of the Hong Kong office, with other partners brought in to work in Hong Kong depending on workload. Olazabal specializes in real estate, and banking and finance.

MdME is a member of the Morais Leitão Legal Circle. Nuno Galvão Teles, the managing partner of Morais Leitão in Portugal, said that Portugal has played an important role in the Belt and Road Initiative, and Chinese investors were in need of legal advice to reduce risks when directly investing into Portuguese-speaking countries.