Yangon, Myanmar | +95 9401 526 915 | ryan@myanmarbusinessanswers.com
Yangon, Myanmar | +95 9401 526 915 | ryan@myanmarbusinessanswers.com
We make your Myanmar business registration fast, easy and affordable
Main information
Based on the new Myanmar Companies Law that become effective 1st August 2018 the followings are the 2 most common form of legal entity use by foreign investors to setup a legal entity in Myanmar:
There is no minimum capital requirement.
What is the minimum to start a limited liability private company in Myanmar:
Step-by-step explainer
Companies under this law have to apply for the permit of Myanmar Investment Commission (MIC) first to be able to enjoy three years’ tax holiday which is a period of construction or first three years of business activities during which companies are exempted from paying customs duty.
Essential documents required for this process are:
Apart from a joint venture with the government, as it is regarded as a local company, every business entity needs a “Permit to Trade” issued by the Directorate of Investment and Company Registration (DICA).
The following documents are required to apply for “Permit to Trade:”
With a photocopy of the “Permit to Trade” attached, the application for incorporation of the company has to be filed.
The following data are required for this purpose:
Estimated time frame for this incorporation process is four to six months.
To do any import/export or trading of any kind, a company must be a member of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). Below are the steps to apply for membership after company registration and before getting a trading license.
UMFCCI Membership
Being a member, you’ll be able to do the following:
The following information is required for registering with the Chamber:
Trading License
If you are planning to do trading, you will need to apply for a trading license at the Ministry of Commerce (MOC).
The following information is required for registering for a trading license:
Contact us
Phone: +95 9401 526 915
Room-3B, 3rd Floor, Bld-9, U San Nyunt Street, Sanchaung Township, Yangon, Myanmar.
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