Myanmar Economic ProfileBurma Economic Profile
2017 Doing Business Economy Profile: Myanmar
These economic profiles represent the Doing businesses in Myanmar. In order to allow a meaningful benchmarking, we also provide information for other chosen countries (comparative economies) for each of them. This is Doing in 2017, the fortieth in a string of industry reviews that examine the rules that promote and restrict doings.
Myanmar is rated 171 for 2016. D o-ing b ousiness shows how simple or hard it is for a small to medium-sized company to open and run if it complies with the applicable rules. The system monitors and monitors changes in rules affecting 11 areas in a company's lifecycle: setting up a company, handling building permissions, obtaining power, registration of ownership, borrowing, protection of non-controlling shareholders, payment of tax, cross-border trade, contract enforcement, solving insolvencies and labour notifications.
An appendix to Doing in 2017 presents the figures for the labour notifications. It does not rank the economy against labour regulatory performance measures and does not place the issue within the overall margin or lightness of activity. They are used to analyse the results and to determine which reform has worked where and why.
Figures in this interim financial statements are up to date as of 1 June 2016 (with the exception of the tax payment indicator covering the January-December 2015 period).
Economic Profile of Myanmar
This is Doing in 2018, the fifteenth in a string of industry reviews that examine the rules that promote and restrict doings. These economic profiles represent the Doing businesses in Myanmar. The report presents a set of quantified regulatory and ownership right measures comparable across 190 countries, with Myanmar ranked 171 for 2018.
D oping businesss is a measure of regulatory issues that affect 11 areas of a company's lifecycle. This year' s rankings include ten of these areas for facilitating operations: setting up businesses, obtaining building permissions, procuring power, registration of real estate, borrowing, protection of non-controlling shareholders, payment of tax, cross-border trade, enforcement of agreements and bankruptcy settlement.
It is also a measure of labour force characteristics not covered by this year's rank. The figures in Doing Busines 2018 are as of June 1, 2017. They are used to analyse the results of the economy and to determine which corporate regulatory reform has worked where and why.