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1.

Myanmar: Market Profile

13 Sept 2018

Myanmar is a member of the ASEAN Free Trade Area (AFTA), and has committed the Common Effective Preferential Tariff Scheme (CEPT) to reduce intra-ASEAN import tariffs for 100% of the total tariff line...Read More

2.

MYANMAR: Overseas-Owned Insurance Companies Set for Nationwide Trading Approval

31 Aug 2018

The country’s insurance sector is to be opened up to foreign direct investment (FDI), with overseas companies allowed to sell their products, including life and general insurance, to the general popul...Read More

3.

MYANMAR: Education FDI Guidelines Issued by Investment Directorate

22 Aug 2018

New guidelines for overseas investors interested in opportunities in the country’s educational sector have been issued by the Directorate of Investment and Company Administration (DICA)....Read More

4.

Enlightened Mutual Interest Revives China-Myanmar BRI Partnership

16 Aug 2018

With the win-win nature of the relationship clearly established, it's full-steam ahead on the Burmese BRI front....Read More

5.

MYANMAR: Online Import and Export Licence Approval Extended to All Product Categories

15 Aug 2018

All import and export licence applications can now be submitted online, with approval also being granted digitally....Read More

6.

MYANMAR: Overseas Banks Authorised to Lend to Approved Domestic Importers

8 Aug 2018

For the first time, all the 13 overseas-headquartered banks currently operating in the country are to be permitted to extend credit to reputable import-oriented domestic businesses....Read More

7.

MYANMAR: Overseas Investors Cleared to Trade Across 24 Product Categories

6 Aug 2018

FDI-backed businesses have been approved to trade in 24 different product categories on both a retail and a wholesale basis....Read More

8.

MYANMAR: Mandatory Company Online Registration Procedures Issued

31 July 2018

With all companies – new and established – obliged to register on the recently-launched Myanmar Companies Online (MyCO) portal, the Directorate of Investment and Company Administration (DICA) has rele...Read More

9.

MYANMAR: Bundling of Native Language User Manuals Now Mandatory

26 July 2018

A Burmese language user manual must now be bundled with any consumer product sold in the country. Businesses have six months to comply with this Consumer Protection Central Committee directive, which ...Read More

10.

MYANMAR: Trading on Yangon Stock Exchange to be Opened-Up to Non-Locals

12 July 2018

As of 1 August this year, non-local residents are to be permitted to buy and sell shares on the Yangon Stock Exchange (YSX)....Read More

11.

MYANMAR: Companies Face Mandatory Re-Registration Following August Business Portal Launch

6 July 2018

When Myanmar Companies Online (MyCO), the country’s new digital business registration system, is launched on 1 August, existing businesses will be able to complete their mandatory registration free-of...Read More

12.

MYANMAR: GSP Benefits Only Open to State-Registered Exporters

27 June 2018

Companies looking to export goods to the European Union, Switzerland, Norway or Turkey under the Generalised System of Preferences (GSP) programme must be listed on the Ministry of Commerce’s Register...Read More

13.

MYANMAR: FDI Projects Obliged to File Performance Report for Each Financial Year

19 June 2018

Annual performance reports must be filed within three months of the end of the financial year for all the country’s FDI-backed projects, according to a new directive from the Myanmar Investment Commis...Read More

14.

MYANMAR: Self-Assessed Income Tax Regime Looks to End Illegal Tax Negotiations

28 May 2018

In a bid to clamp down on illegally-negotiated tax payments and reduce the overall level of tax evasion, the country is to switch to a self-assessment tax regime....Read More

15.

MYANMAR: Overseas Investors Now Free to Run Wholesale and Retail Businesses

16 May 2018

Overseas investors are now free to trade in all legal goods on both a retail and wholesale basis. This entitlement extends across all imported and domestically-manufactured goods and can be conducted ...Read More

16.

MYANMAR: Businesses Face January 2019 Deadline for Online Re-registration

11 May 2018

Once the country’s online business registration system launches on 1 August, companies will have until 31 January 2019 to migrate their details to the new portal....Read More

17.

MYANMAR: Private Education Sector Opened Up to 100% Overseas Ownership

24 April 2018

For the first time, overseas-based companies and individuals are to be allowed to wholly-own and operate private schools in the country....Read More

18.

MYANMAR: Promotion Begins for Launch of Online Business Registration System

29 March 2018

The Directorate of Investment and Company Administration has released a set of draft company incorporation forms via its website....Read More

19.

MYANMAR: Business Registration Fee Cut by 50% and Set to Go Online

20 March 2018

As of 1 April 2018, the fee for the registration of small and medium-sized enterprises (SMEs) in Myanmar will be cut from Kyat 500,000 (US$371) to Kyat 250,000....Read More

20.

MYANMAR: Gems and Precious Stones Now Subject to Export Licences

7 March 2018

An export licence is now required for a list of 3,345 products before they could be exported from Myanmar....Read More

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