INVESTMENT PROCEDURE IN THE
REPUBLIC OF THE UNION OF
MYANMAR
COLLABORATION BY EMBASSY OF THE REPUBLIC OF KOREA ,
UMFCCI & KCCI (KORCHAM)
BY WAN TIN –PRINCIPAL OF JF GROUP
Certified Public Accountants, Auditors & Financial Consultants
B.COM,Q,C.P.A, ACCA(Affiliate –UK)
Related Acts, Laws, Rules and
Regulations
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•
•
•
•
- Myanmar Companies Act (1914)
- Myanmar Companies Rules (1940)
- Myanmar Companies Regulations ( 1957)
- Special Companies Act (1950)
- Myanmar Foreign Investment Law, Rules and
Regulations (1988)
• - Myanmar Special Economic Zone Law (SPDC Law
No. 8/2010)
Contd: Related Laws, Rules and
Regulations
• -The Government of the Union of Myanmar -Order No
39/2010 dated September 30, 2011 as per Section No
14 & 15 of Immovable Properties Restriction Act
(1987)
• -The Income Tax Law , Rules and Regulations (1990)
• - The Government of the Union of Myanmar -Order No
40/2010 dated September 30,2011 as per Section No
104 of the Law of the Union Government for Foreign
Exchange Procedures which is related with Myanmar
Foreign Investment Law
Contd: Related Laws, Rules and
Regulations
• - The Commercial Tax Law, Rules and
Regulations (1990)
• - Others related Acts, Laws, Rules and
Regulations etc which shall be issued by Union
Government , Ministries concerns for timebeing
Procedure for setting up Special
Company
• - How to define the Special Company in the
Republic of the Union of Myanmar
• - What procedures require for setting up the
Special Company
• - Related with Foreign Investment Law
Procedure for setting up Foreign Companies under
Foreign Investment Law not under Special Company
• - How to define Foreign Companies
- 35% Rule of Definition
• - Types of Foreign Companies
- 100 % FDI
- JV Companies
- Subsidiaries Companies
Procedure for setting up foreign
branch / representative office
• -How to define the Foreign Branch /
Representative Office of foreign company
incorporated outside Myanmar
• - What procedures require for setting up
foreign branch / representative office
Type of Business Activities
• General economic activities allowed for
foreign investors
Minimum Foreign Capital Requirement
• Basically - minimum foreign capital
requirement
• Based on economic activities
Ministries Concerns
• Ministry of National Planning and Economic
Development
• Ministry of Home Affairs
• Ministries of Related Business Activities
• Ministry of Foreign Affairs
Conclusion :•
Additional details information for investment procedure – Please contact as
follows:• JF Group (Justice and Fair Group)
Certified Public Accountants, Auditors & Financial Consultants
Room No.503, Strand Condo, No.33/49, Mahabandoola Panchan Street,
KyauktadaTownship,
Yangon Region.
E-mail- wantin2008@gmail.com
Phone No: 09-50-20201, 229023, 09-7301-5141, 09-4308-9223
• Thank You