Myanmar Investment Commission

The Myanmar Investment Commission

Any foreign investment in Myanmar is subject to Myanmar Investment Commission approval. The Myanmar Investment Commission has you apply for MIC approval to register a company in Myanmar. The Investment Commission (MIC), encouraged to do this to obtain taxes. Any investment in any permitted sector requires either confirmation or approval by the Myanmar Investment Commission. The secretary of the Myanmar Investment Commission is responsible for the administration of the Commission Office.

About the Myanmar Investment Commission (MIC)

Founded under the Myanmar Investment Law. Member of the Myanmar Investment Commission (MIC)*: DICA is the Directorate of Investment and Corporate Administration and is in authority to process corporate registration for domestic and international companies under the Myanmar Companies Law. She is also the Secretariat of the Myanmar Investment Commission (MIC), which is competent for investment requests.

Investment and Business Management Directorate

The Myanmar Companies Law 2017, the Myanmar Companies Online (MyCO) e-Register, is in the process of coming into force..... Mr Tony Shale, Chief Executive Officer of Euromoney Institutional Investor (Asia), called Union Minister U Thaung Tun, Chairman of the..... Under the chairmanship of Mr. Watchara Hemruchatanun, President of EGAT International Company Limited, the mission held a meeting with U Than Aung Kyaw, Deputy Director....

Under the leadership of Mr. Worawit Weeraborwornpong, President of Siam Gas and Petrochemicals Public Co. Limited, the delegations held a meeting with U Than Aung Kyaw,.... Registering is the first stage that an entrepreneur must take before starting a business or making an investment in Myanmar, whether it is a Myanmar resident or a non-Myan.

Under the Myanmar Companies Act of 1914 and the Special Companies Act of 1950, a corporation may be incorporated in any of the following forms: Myanmar Investment Commission (MIC) is the investment proposal review and approval body and provides regular updates on industry trends. DICA is the Directorate of Investment and Corporate Administration and is in authority to process corporate registration for domestic and international companies under the Myanmar Companies Law.

She is also the Secretariat of the Myanmar Investment Commission (MIC), which is in charge of investment requests.

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The MIC was founded in April 1994 after the State Law and Order Restoration Council published the Myanmar Citizens Investment Law[1] In 2000, MIC undertook organizational changes to limit the number of members to four and[1] MIC also administers the 1988 Foreign Investment Act[2] The Board was re-established in 2016 as an 11-member commission to consider financial suggestions.

In a new series of 2012 reform of Myanmar's investment act, a suggestion has been made to change the Myanmar Investment Commission from a government-appointed committee to an indipendent one. That could lead to greater openness in the granting of investment permits, as the reform proposals by specialists and high-ranking civil servants show.

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