Myanmar Investment Commission announced that service charges will be reduced 50% for both local and foreign investors which are trying to invest in Myanmar during COVID-19 period in order to save the production cost and other charges incurred by investors.

The cut will continue to be effective until the country make further announcement. After that, the commission will adjust the fees.
There are 26 types of applications with fees ranging from K5, 000 to K750, 000.

Sources: MIC,mmbiztoday.com