Managedline: business consultancy and legal advice Myanmar
Company re-registration
If you have an existing company or branch/rep office registered in Myanmar prior to 31st July 2018 under the old Myanmar Companies Act (1914), you will need to be re-registered the company on the new MyCO online registration system by 31st January 2019 (dateline).
Currently DICA do not charge a registration fee when your re-register your existing company on MyCO before 31st January 2019. The only fee you pay is our Professional Fee of USD 210 (including 5% Commercial Tax)
If you want to re-register your company after the dateline and your company has been struck-off the list you will have to pay a DICA fee of Kyat 250,000 to have the company name reinstated on DICA’s computer. This is on top of the DICA’s re-registration fee of MMK 250,000 and our professional fee of USD 210 (inclusive of 5% Commercial Tax). When you are interested to engage our service to update MyCO please send an email to info@managedline.com. Separate from updating your company info on MyCo – is the aspect of how the new company law that affects you.
For existing limited liability company, you need to be aware of legal changes in the New Company Law.
Testimonial:
Dream Beach Eco Invest
Our Company Dream Beach Eco Invest work since more than two years with Managedline. We are hundred percent satisfied.
The mixture between professionalism on a base of a real good knowledge about all issues concerning our project and their very friendly and always supportive attitude is amazing. They know exactly what they are doing.
We are convinced that Managedline is the perfect partner to get optimum results for us.
Tobias Hannak,
General Manager
Dream Beach Eco Invest
What surprises many new investors about Myanmar is how critical cultural understanding is to a successful business venture. Myanmar was closed for 60 years, and there are nuances to conducting business and building relationships found nowhere else. Being successful in the western world doesn’t necessarily translate to success here.
As no case or company is the same, therefor we have a personal approach.
Managedline Consultancy takes care of the difficult details of starting a legal company in Myanmar so you can focus on the more important aspects of running your business.
A new investor to Myanmar encountered a local land owner who did not want to transfer their property and legal documents after both parties negotiated a written agreement and an initial deposit was made.
The CEO of Managedline Consultancy, grew up in Myanmar and lived in Europe for 30 years before returning to her homeland. Her unique ability to operate comfortably and leverage the best of both cultures allows her to specialize in solving disputes, giving advice between Myanmar citizens and international investors.
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