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
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.
