How do I register a company in Myanmar?

How much does it cost to register a company in Myanmar?

The company registration fee is 150,000 Kyats for all types of private companies and 2,500,000 Kyats for public companies.

How do I register my foreign company in Myanmar?

Registration of Foreign Companies

  1. Check availability of company name. …
  2. Obtain company registration forms from DICA or through the DICA website. …
  3. Submit signed company registration documents to DICA. …
  4. Pay registration fee. …
  5. Obtain temporary registration and Permit to Trade (if desired)

Can foreigners do business in Myanmar?

The Myanmar representative office

Local regulations stipulate that foreign companies can open representative offices in Myanmar. While the representative office can be 100% foreign owned, it is not allowed to pursue production-related or commercial activities in Myanmar.

How do I check if my company is registered in Myanmar?

Sign In to the Registry

Using MyCO you can register your company and find information on all companies that are registered in Myanmar. Searching for companies in MyCO is simple and free. Simply use the Company Name or Registration Number in the section below to start.

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What small business should I start in Myanmar?

Small business ideas in Myanmar

  • Convenient store. In a convenient location stocking a limited range of household goods and groceries could be a handy but good venture. …
  • Travel agency. …
  • Cell phone loading or recharge shop. …
  • Tea stall. …
  • Tuition center. …
  • Juice kiosk. …
  • Tailoring shop. …
  • Mobile food stations.

What business should I do in Myanmar?

Key Business Opportunities in Myanmar

  • Agriculture. Myanmar’s economy is based on agriculture as the country consists of abundant fertile land and water resources. …
  • Tourism. …
  • Real Estate and Urban Solutions. …
  • Manufacturing. …
  • Power.

31.10.2019

Can US companies do business in Myanmar?

Across Myanmar, U.S. companies and brands have been welcomed. For Myanmar, the U.S. represents the highest standards in corporate governance and workforce education.

When did the military take over Burma?

1962 Burmese coup d’état

Date 2 March 1962
Location Rangoon, Burma
Result Coup successful Parliamentary republic led by a civilian government replaced by a socialist military regime

How do I change my company name in Myanmar?

If investors want to change the name of business, they need to address to the chairman of the Myanmar Investment Commission attached with the following documents:

  1. Cover Letter (reasons for name change)
  2. Board of Directors’ resolution.
  3. Copy of MIC permit.
  4. Power of Attorney (if investors cannot come to office)

How do I find a company registration number?

You can find your company registration number in several places:

  1. On the company’s certificate of incorporation. …
  2. Emails or other correspondence from your company formation agent or accountant. …
  3. On a change of company name certificate. …
  4. Any official letters or other documentation received from Companies House.
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18.02.2019

How many companies are there in Myanmar?

Myanmar Number of Registered Companies data was reported at 93,935.000 Unit in 2018. This records an increase from the previous number of 80,936.000 Unit for 2017. Myanmar Number of Registered Companies data is updated yearly, averaging 26,769.000 Unit from Mar 1991 to 2018, with 21 observations.

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