What you need a Company Registration in Myanmar (Burma)?

Company Registration in Myanmar (Burma)

Registration is the first step a businessperson will be required to take before making an investment or company incorporation in Myanmar, whether that person is a citizen of Myanmar or a foreigner. In accordance with the Myanmar Companies Act of 1914 and the Special Companies Act of 1950, a company may be registered in one of the following forms:

•  As a private OR public company by Myanmar citizens
•  As a foreign company OR branch of a foreign company
•  As a joint venture company
•  As an association/nonprofit organization

First steps include:

• Check availability of company name at DICA

• Obtain company registration forms at DICA & pay stamp duty

• Submit form and Pay company registration fee

Related : Corporate Secretarial Service in Myanmar


Investment Application (MIC)

The Myanmar Investment Commission (MIC) is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments. The MIC is comprised of representatives and experts from government ministries, departments and governmental and non-governmental bodies.

• Use the DICA website to retrieve information on requirements for your MIC permit application
• First, investors must first submit a proposal to the Myanmar Investment Commission
• If the proposal meets the criteria, it will be accepted within 15 days
• If accepted, the MIC will review the proposal and reach a decision within 90 days.