Managedline: business consultancy and legal advice Myanmar

Managedline business consultancy and legal advice

Managedline: business consultancy and legal advice Myanmar


Registration and permits

Pursuant to Myanmar Ministry of Commerce Notification No. 25/2018 dated 9 May 2018, wholly foreign-owned companies and joint ventures with foreign shareholdings are permitted to engage in retail and wholesale trading (of domestically produced and/or imported goods) in Myanmar, subject to compliance with certain requirements and investment criteria.

All wholly foreign-owned companies and joint ventures with foreign shareholdings are required to register with the Ministry of Commerce, and obtain a permit before they can engage in trading activities. The following documents and information must be submitted to the Ministry of Commerce for purposes of registration:

  • certification of incorporation;
  • copy of Myanmar Investment Commission (MIC) permit or MIC endorsement (where applicable);
  • recommendation letter from the relevant City Development Committee or Township Development Committee in each region or state in which the company proposes to trade;
    list of goods proposed to be traded; and
  • detailed business plan (including the initial investment amount, the proposed trading location(s), area of land use and proposed trade volumes).


Concluding Remarks

With the liberalization of Myanmar’s economy, foreign companies should seize the opportunity to be one of the early movers into Myanmar.

Myanmar is currently still undeveloped, Managedline business consultancy has a deep understanding of the regulatory and business environment in Myanmar. We are well equipped to assist clients with complex legal matters across a wide range of disciplines.

The latest media news about Myanmar: Economics

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