Myanmar investment commission notification

Investment commission myanmar

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29 trillion kyats) of inbound foreign investment in the current fiscal year, which ends on Sept. &0183;&32;Myanmar Investment Commission incentives. The commerce ministry wants to “enable consumers to have more choice and pay less through the. To implement consumer rights and ensure products safety. MIC was formed in April 1994, after the State Law and Order Restoration Council issued the Myanmar Citizens Investment Law. 11/- Prescribing investment capital amount for investment activities for State and Regional Investment Committees to issue endorsement order dated 3.

The designation of these zones are subject to change from time to time. MIC PERMIT Investment uses state-owned land, unless the land is grant land or similar land; leased for not more than 5 years; subleased from an authorized person. Proposal Assessment Criteria 5. 11/January ) The Ministry of National Planning and Economic Development, in exercise of the powers conferred under Section 56, sub-clause (a) of the Myanmar Foreign Investment Law, and with the approval of the Union Government, prescribes the following rules: CHAPTER 1 Title and Definition 1.

The Myanmar Investment Commission (MIC) is responsible for verifying and approving certain investment proposals and regularly issues notifications about sector-specific developments. Develop Businesses and Investments that meet International Standards. 29 January. Procedures for Obtaining Exporter/Importer Registration Certificate Step 1: The traders, in person, can file the Pa-Tha-Ka paper-application form along with supporting documents at the Trade Policy Division(TPD) office in the Department of Trade (DOT), Ministry of Commerce (MOC) in Naypyitaw (Head Office) and Yangon, the Yankin Myanmar Investment.

The Myanmar Investment Commission (MIC) is constituted in accordance with Chapter IV of the MIL. Notifications Formation of National Committee for Designating Minimum Wage (Notification 23/) Formation of Supervision Committees for Political Dialogues at the National-Level for Chin State Rakhine investigation commission asks for more time due to new human rights allegations Republic of the Union of Myanmar Union Peace Dialogue Joint Committee (Notification No 2/). The Foreign Direct Investments made by the China and Japan in the last three quarters of as approved by the authority in Myanmar are only percent respectively against of their full-year figures for fiscal.

This notification generally states which economic activities would be:. · Myanmar Investment Commission opens education services sector to foreign investment On 20 April, the Myanmar Investment Commission issued Notification 7/ (“ MIC Notification ”) which provides that foreign investment is permitted both through the full capital investment of a foreign entity or through a joint venture with. Did you forget your 'Login ID' or 'Password'? 17 February Ministry of Commerce Notification 16/ on the import of brand new cars by joint ventures. · Myanmar Investment Commission; 65%/35% JV Company. Endorsement Application 6. Searching for companies in MyCO is simple and free.

The New Notification is effective from 1 April (FYand the Old Notification is effective up to 31 March (FY. &0183;&32;The long-awaited Myanmar Competition Commission has been appointed. E, Nay Pyi Taw (31st January, ) Classification of Types of Economic Activities The Republic of the Union of Myanmar, Myanmar Investment Commission in exercise of the powers conferred under paragraph 56(b) of the Foreign Investment Law, with the approval. This Notification is effective from 1 July and will supersede the current WHT Notification 51/ that was issued last. Following legislative approval, it is anticipated that the notification will be published in April and will become effective in October.

Notification no. The Minister of Labor, myanmar investment commission notification Employment and Social Security (Burmese: အလုပ်သမား၊ အလုပ်အကိုင်နှင့် လူမှုဖူလုံရေး ဝန်ကြီးဌာန) is a ministry in the Burmese government responsible for the country's labour welfare and renders services to employers and workers. “Myanmar. Border Trade Online System (BTOS) 2. mm : 2: Union Government Office : 3: Pyidaungsu Hluttaw : www. To provides support for trade facilitation. Yangon—Myanmar is likely to fall short of its foreign investment target in thefiscal year, according to U Thant Sin Lwin, director of the. Notification no.

v MoALI Ministry of Agriculture, Livestock and Irrigation MoBA Ministry of Border Affairs MoCOM Ministry of Commerce MoCON Ministry of Construction MoEDU Ministry of Education MoEA Ministry of Ethnic Affairs MoEE Ministry of Electricity. At the 15th meeting of the Myanmar Investment Commission (15/), five investments were approved, including FMI's City Loft West project. 12/13 January Draft Law to Prevent an Increased Quantity of Imports. Myanmar Investment Commission (MIC) held its regular meeting via videoconferencing system, yesterday morning. Foreign traders were previously limited to dealing fertilisers, seeds, pesticides, agricultural equipment, hospital equipment and construction materials. The Myanmar Investment Commission is a government-appointed body under the Ministry of Planning and Finance that appraises domestic investment proposals in Myanmar (Burma). U Aung Naing Oo, DICA’s director general, confirmed with Myanmar Times that the ACC notification supersedes the August announcement.

&0183;&32;Myanmar Investment Commission defends bylaw and notification Nay Pyi Taw, 16 Feb — Deputy Minister Dr Maung Maung Thein, a member of Myanmar Investment Commission, said Monday bylaw and notifications of Foreign Investment Law are not ultra vires to the law. Proposal Submission and Assessment 3. Myanmar _ New MIC Notification 49 - List of Restricted Businesses to foreign investment 1. Subsequently, last October 19, the Anti-Corruption Commission (ACC) issued Notification 14/. in Myanmar* has had intense discussions about how myanmar investment commission notification to improve corporate governance in Myanmar. · The role of the Myanmar Investment Commission The Myanmar Investment Rules (" MIR ") came into effect on 30 March. The Myanmar Investment Commission (Burmese: မြန်မာနိုင်ငံ ရင်းနှီးမြှုပ်နှံမှု ကော်မရှင်, abbreviated MIC) is a government-appointed body under the Ministry of Planning and Finance that appraises domestic investment proposals in Myanmar (Burma).

18/) shall continue to be. 1/ 5th Waning Day of Pyatho, 1374 M. U Thant Sin Lwin has been appointed as Secretary of the Myanmar Investment Commission (MIC), according to notification 55/. 15/ on the List of Restricted Investment Activities, with the approval of the Union Government, on 10th April in Myanmar and English versions. 15/ dated 10 April : “List of Restricted Investment Activities”. “We. The new Myanmar Investment Law changes the role of the MIC with fewer investment.

95,, Directorate of Investment and Company Administration」「Announcement,, Ministry of Health and Sports, Stay at home plan to prevent the spread of COVID-19」「Notice,, Central Bank of Myanmar, Issuing basic principles which are needed to. Protect Investors and their Investments. On 30th March, the Ministry of Planning and Finance, therefore, published the Myanmar Investment Rules (“ MIR ”) under the Myanmar Investment Law (MIL) as Notification No. 10/ on Designation of Development Zone from the Myanmar Investment Law, Myanmar Investment Commission dated 22.

We have already commented on the draft versions of the. Proposal Assessment Procedure 4. The chairman of the MIC is a member of government. This is the next step towards the active implementation of the Myanmar Competition Law, which took effect in February. Additional powers flow from other miscellaneous. 38 KB: Notification No. In, MIC underwent organisational changes to reduce the number of committee members to four and als. Use of third party service providers 15.

Myanmar Investments International Limited was the first Myanmar-focused company to be admitted to trading on the AIM market of the London Stock Exchange. According to the Myanmar Investment Law, Myanmar Investment Commission issued the list of restricted investment activities with this notification. The Minister of the Ministry of Commerce will take the role of the Chairman of the Commission and members are. Endorsement Application Assessment Procedure 7. In, the century old Companies Law was substantially revised. Its members are drawn from among both government officials and representatives from the private sector. The Myanmar Investment Rules also contain information relevant to the; 1.

· Notification No. The Myanmar Investment Commission (MIC) is a government-appointed body which is responsible for verifying and approving investment proposals, and regularly issues notifications about sector-specific developments. The new Myanmar Investment Law changes the role of the MIC with fewer investment proposals requiring formal MIC approval and a new Endorsement process – whereby proposals are fast. Interestingly Myanmar citizens are prohibited from gambling at casinos myanmar investment commission notification formed under the FIL and to which the Myanmar Investment Rules apply.

· Ministry of Commerce Notification 74/ accepting the invoiced price in the application for an import/export license. However, it was still included as a. The Myanmar Investment Commission (MIC) is a government-appointed body which is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments. Ministry of Planning and Finance issued a notification dated April 29 which says salaries of all government. The inflows of FDIs from Thailand and Singapore during the first three. 16 Special Economic Zone incentives.

• Under the Myanmar Investment Law (MIL), foreign companies investing under a permit from the Myanmar Investment Commission (MIC) can enter into a 50-year lease agreement with two 10-year extensions. 21/) or the myanmar investment commission notification Myanmar myanmar investment commission notification Citizens Investment Law (the Pyidaungsu Hluttaw Law No. Date This permit is issued by the Myanmar Investment Commission according to the Section 25, Sub-section (c) of the Myanmar Investment Law:- (1) Name of Investor (2) Citizenship (3) Residence Address (4) Name and Address of Principle Organization (5) Place of Incorporation (6) Type of Business (7) Place(s) of Investment Project (8). The Myanmar Investment Commission (MIC) is responsible for verifying and approving investment proposals and regularly issues notifications about sector-specific developments. We have built up an impressive stable of fast growing businesses and a first-class team of Yangon-based professionals.

The Myanmar Investment Commission (“MIC”) in exercise of the powers granted under the Foreign Investment Law has issued the MIC notification 26/ dated 21 March. 50/ ) dated 9 October (“Rules”) pursuant to Article 56(a) of the Competition Law. The notification enables investment in basic education, technical and vocational education, higher education, and subject-based schools. 1/")) and the regulations on investment, which are the Foreign Investment Law ("FIL") promulgated in and its rules ("FIR"), the Myanmar Citizen Investment Law - The Pyidaungsu Hluttaw Law No.

81 KB: Notification No. The Myanmar Investment Commission “. Bordering Bangladesh, China, India, the Lao People’s Democratic Republic, and Thailand, Myanmar sits astride 40 percent of the world’s. · The Republic of the Union of Myanmar Myanmar Investment Commission Notification no. 78 KB: Notification No. 49/ (14P th P August, ) Amendment of classification of types of Economic Activities (1) The Republic myanmar investment commission notification of the Union of Myanmar, Myanmar Investment Commission in exercise of the powers conferred under paragraph. Myanmar Investment Commission Notification No. Chairman of the MIC, Union Minister U Thaung Tun, Vice-Chairman, Union Minister Dr Than Myint and members of the Commission participated in the meeting from their respective offices in Nay Pyi Taw and Yangon.

The notification is supposed to be applied to listed companies and public. For example various construction and manufacturing activities must be carried out in accordance with ASEAN standards and applicable national codes and regulations and various activities involving livestock must be conducted in accordance with national and/or WHO or ASEAN standards. The Ministry of Planning and Finance issued Notification 47/ on 18 June outlining the new withholding tax (“WHT”) rules that now apply on payments myanmar investment commission notification to myanmar investment commission notification resident and non-resident taxpayers in Myanmar. . 1 billion (6. 57/ Prescribed Fees and Late Lodgment Feesunder the Myanmar Companies Law: 37. U Thant Sin Lwin replaced U Aung Naing Oo as Director General of the Directorate of Investment and Company Administration (DICA) in March. Most activities require adherence to the terms and conditions imposed by the relevant Ministry myanmar investment commission notification or which normally apply in a particular sector.

Home; MyCO Guides; COMPANY SEARCH; Help. Pursuant to the Myanmar Investment Rules, the list of economic activities in which foreigners can engage in under certain restrictions is wide-ranging and is sub-divided according to the Ministry responsible for the relevant restricted activity. picture_as_pdf EN picture_as_pdf MM.

Negotiations this week on EU-Myanmar Investment Protection Agreement. AIM Rule 26; Announcements; Financial Reports; Shares, Warrants and LTIP; Corporate Governance and Data; Contact Us; Investor Relations; AIM Rule 26; Announcements ; Financial Reports; Shares, Warrants and LTIP; Corporate Governance and Data; Financial Reports. Simply use the Company Name or Registration Number in the section below to start. In exercise of the power conferred under section 5, sub-section (a) and (b) of Myanmar Competition Law, the Union Government has established “Myanmar Competition Commission” on 31st October with the notification no.

Develop Responsible Business. investment activities that are not allowed to be carried out by Foreign investors;. approval of the Myanmar Investment Commission (“MIC”) before hiring foreign experts going forwards. Rules Myanmar Investment Rules Procedures and criteria for investments 30 March Notifications issued by the Myanmar Investment Commission (MIC) Notification 10/ Incentive zones 22 February Notification 11/ Delegation myanmar investment commission notification of decisions for up to USD5 million investments to state and regional committees 3 myanmar March Notification 13/ List of promoted sectors qualifying for tax incentives 1 April Notification 15/ Restricted list of investments 10 April.

10 January. Investor Relations. &0183;&32;Investment proposals, even small ones, had to go before the Myanmar Investment Commission (MIC) for investors to benefit from protections and receive tax incentives.

35/ for implementation of the MIL. As the first milestone, the Advisory Committee today endorsed the draft corporate governance notification which covers key areas including internal control system, Audit Committee, independent directors, and disclosure. Source of Measure : - Myanmar Investment Law (), Section 42 (d) -Myanmar Investment Commission Notification No. Myanmar Investments. 11-14 March Draft of a Myanmar Gemstone Law,.

On 5 February, the Advisory Committee for Corporate Governance Reform (the advisory committee) in Myanmar announced its endorsement of a new corporate governance notification (the notification). Mastercard positions for growth, competition in myanmar investment commission notification Myanmar. Import / export License Permit. The Republic of the Union of Myanmar. FMI Riverside Development Limited will build, lease and sell real estate under City Loft West and this will be a 100% investment project for Myanmar citizens. Tax Incentive myanmar investment commission notification assessment criteria 11. , and the notification no. Under this Announcement, companies operating businesses under MIC permits, MIC endorsements or Region/State Investment Committee endorsements must obtain prior approval from the MIC for the followings:- (a) an extension of time for remittance of foreign.

It has been formed under the Foreign Investment. In a notification signed on July 18 but released on July 22, the Ministry of Investment and Foreign Economic Relations announced a series of changes to the proposal form (Form 2) and endorsement application forms to both the Myanmar Investment Commission (MIC) at the Union level (Form 4-a) and to regional and state investment commissions (Form 4-b). · Myanmar Investment Commission issued the notification No. The minimum required foreign investment capital will depend on the business sector and as decided by the Myanmar Investment Commission (“MIC”). 01 KB: Notification No.

This was replaced by the Myanmar Investment Law in so as to combine the regulation of both foreign and domestic investments under one set of laws. 51/ 19th August, Investment activities which are not subject to tax exemptions and relief In exercising the powers conferred to it by section 56 sub‐section (b) Foreign Investment Law and. Today, the Myanmar Investment Commission (MIC) issued Notification 10/ (Notification) which has established which areas of Myanmar will be designated as Zone 1, regions that are least developed, Zone 2, regions that are moderately developed and Zone 3, regions that are adequately developed, under Section 75 of the Myanmar Investment Law. On January 16, DICA announced that companies should follow a notification from the ACC. Land Rights Authorisation Application 13.

The unofficial translation has myanmar investment commission notification been posted on the website of the Directorate of Investment and Company Administration (" DICA "), Notification No. Notification No. Home Legal Documents Notification No.

DIRECTORATE OF INVESTMENT AND COMPANY ADMINISTRATION. 15/ (List of Restricted Investment Activities) According to the Myanmar Investment Law, Myanmar Investment Commission issued the list of restricted investment activities with this notification. The MIC is comprised of representatives and experts from government ministries, departments and governmental and non-governmental bodies. Myanmar | Brussels, 28 April. Mastercard is positioning itself to be a key contributor in Myanmar’s push to enable its economy to function without the need for cash. The MIC Endorsement application fee is Kyats 100,000-200,000 (US0 – 200) depending on the nature of the project. (20th,September ) Amended Prescribed Fees and Late Lodgment Fees under the Myanmar Companies Law 1.

10/1988) or the Foreign Investment Law (the Pyidaungsu Hluttaw Law No. Notification 167/ dated 26 August of MOPF, Notification 2/ and Notification 31/. Department of Trade. Vast Economic Potential. U Aung Naing Oo is now. Procedure (MoECF Notification 616/); is located in designated protected areas; requires resettlement of, or otherwise adversely affects, at least 100 individuals; requires more than 100 acres and impacts land rights holders. MIC Myanmar Investment Commission MMCWA Myanmar Maternal and Child Welfare Association MNCW Myanmar National Committee for Women. 58 / Requirements for Business Associations: 28.

Other restrictions include:- 1. Website Address. : 7.

As there was not much detail in the announcement, there were questions as to whether the announcement would be applicable to all investors, or only thosewith MIC investment permits. While the Rules provide no material guidance on the interpretation and application of the substantive. Myanmar Investment Commission (MIC) announced the updated on injections of foreign capital. Republic of the Union of Myanmar Myanmar Investment Commission Notification No.

49/ of Myanmar Investment Commission (14 August, ) Amended Classification of Types of Economic. (a) The following companies shall submit to SECM an annual report, a half-yearly report and an extraordinary report: (i) a listed company; (ii) a public company whose securities are traded on the Over-the Counter Market; (iii) a public company which obtained. In reply to U Tin Yu, an MP of Yangon region constituency 3, Dr Maung Maung Thein clarified bylaws and notifications are not. 26/ 13thWaxing of Ta-paung,March ) Amended classification of types of economic activities 1.

Ministry of Investment and Foreign Economic Relations (MIFER). Effective 1 July, the Notification removes the existing 2% withholding tax on residents for payments involving cooperative business with the government. But as of July it has recorded around 7. Myanmar has great, untapped economic potential. Can foreigners lease land in Myanmar? 10/ dated, The Republic of the Union of Myanmar, Myanmar Investment Commission in exercise of the powers conferred under Section 100 (b) of Myanmar Investment Law, with the approval of Union Government, issued this notification to specify. See full list on charltonsmyanmar.

How to register a company in Myanmar? Myanmar Investment Commission (MIC) Directorate of Investment and Company Administration (DICA) MIC Mandate and Functions include: acting as investment. (Tokyo) J (Osaka) MYANMAR INVESTMENT LAW. Myanmar Investment Commission Endorsement. Interim. See full list on dica. Other matters relevant to Tax Incentive Applications and Approvals 12.

The New notification. (a) For investments in sectors listed in a notification to be issued by the Commission in order to promote investment: exemption from corporate income tax for seven, five of three years depending on whether the investment takes place in an underdeveloped, moderately, developed, or adequately developed region or state. Under the Myanmar Investment Commission Notification No. Tax Incentive Application assessment procedure 10. The Myanmar Investment Commission is a government appointed body, which is responsible for verifying and approving investment proposals, and regularly issues notifications about sector-specific developments. Myanmar Companies Online (MyCO) English | မြန်မာ. About MYCO; Prescribed Forms and Fees; Technical Support; Contact Us; System Requirements; Create An Account Log In &215; Sign In to the Registry. Myanmar Investment Commission; 65%/35% JV Company; Business Matching; Due Diligence; Low cost rental solution; More; LATEST NEWS.

17 Annex 1: Tax Depreciation Schedule. Criteria for Applicants who Apply for Tax Incentives 14. • Foreigners are allowed to lease land, and the lease duration is a maximum of one year. According to the Notifcation (7/) released by the Myanmar Investment Commission on Ap, Myanmar Investment Commission may permit the foreign investors to carry out full capital investments in the following types of education services in the form of private schools teaching a curriculum prescribed by the Ministry of Education and relevant Ministries or. Japanese Businesses Eye New Investments in Myanmar Decem Photo: MNA Union Minister and Myanmar Investment Commission Chairman U Thaung Tun explains recent reforms to Myanmar&39;s investment environment via a video message on 23 December. Establishment of Myanmar Competition Commission.

Myanmar Investment Commission, Notification No. Substitution for Member at Kayah State Investment Committee Announcement for Re-Entry Application of Foreigners into Myanmar Notification (15/) Expansion of the volume of investment to be increased during the permitted period of investment. No Ministries No Departments Website ; 1: President Office : www.

· MIC notification 7/ – Private Education Services The above notification was issued on 20 April by the Myanmar Investment Commission (“MIC”). The MIC’s principle duties and powers are set out in Articles respectively. Union Minister for Investment and Foreign Economic Relations and Myanmar Investment Commission Chairman, U Thaung Tun provided a comprehensive update on recent reforms to Myanmar’s investment environment via a video message to the high-level virtual event jointly organized by the ASEAN-Japan Centre and the Myanmar Embassy in Tokyo, supported by the Myanmar Ministry of Investment and. On 19 June Myanmar’s Ministry of Planning and Finance released notification (47/) (the “Notification”) on withholding tax, which replaces notification (51/) released. The MIL, which provides the overall legal framework, was followed by the more detailed Myanmar Investment Rules (Investment Rules) which came into effect on 30 March as well as two notifications: Notification 13/ dated 1 April (Classification of Promoted Sector) (Notification 13) and Notification 15/ dated 10 April (List of Restricted Investment Activities. Issue Date :: Legal Type : Notification: Issuing Agency: Ministry of Planning and Finance Responsible Agency: Directorate of Investment and Company Administration Updated At::21:11 picture_as_pdfEN picture_as_pdfMM. . investment activities allowed to be carried out only by the Union; 2.

Exchange Commission of Myanmar (SECM) herby issues the notification of continuous disclosure for the purpose of investor protection. The Foreign Investment Rules (Notification No. At the Company’s Annual General Meeting (AGM) held at The British Club, Yangon, Myanmar on 24. Ministry of Commerce. Any permit for investment granted by the Commission myanmar investment commission notification subject to the Union of Myanmar Foreign Investment Law (The State Law and Order Restoration Council Law No.

: 40. The Myanmar Investment Commission (MIC) has permitted foreigners to make full capital investments in private schools in Myanmar, according to Notification 7/ issued by the MIC on April 20. Myanmar Investment Commission opens education services sector to foreign investment On 20 April, the Myanmar Investment Commission issued Notification 7/ (“ MIC Notification ”) which provides that foreign investment is permitted both through the full capital investment of a foreign entity or through a joint venture with a Myanmar company in the following categories of. myanmar investment commission notification Myanmar Foreign Investment Law was issued in to promote and regulate foreign investments.

Investments of US0,000 or more can apply to avail of the MIL tax incentives under the MIL. “With people now having moved towards a digital-first mindset, we. Submission for Investment 2. Myanmar has so far only received US. Submitting Tax Incentive Applications and Screening 9. Myanmar’s Ministry of Commerce (“MOC”) issued the Competition Rules (Notification No.

The Myanmar Investment Commission (“MIC”) has issued its Announcement on Obtaining Prior Approval from the MIC dated 26th September. 40/ dated 18 October ) Myanmar Investment Commission Notification No. Notification 25/ permits foreign companies and joint ventures to trade any commodity manufactured in Myanmar or imported from overseas. UNION Minister for Investment and For-eign Economic Relations and Myanmar Investment Commission Chairman, U Thaung Tun provided a comprehensive update on recent reforms to Myanmar’s investment environment via a video mes-sage to the high-level virtual event jointly organized by the ASEAN-Japan Centre and the Myanmar Embassy in Tokyo, supported by the Myanmar Ministry of Investment and. If this is a new transaction please select "Register a Notice of Security Interest. Myanmar Investment Commission Permit Permit No. Myanmar Investment Seminar.

Toggle navigation. 2 Myanmar Business Guide 1. 7 July Ministry of Commerce Notification 56/ allowing foreigners to trade in construction materials. · Under MIC Notification 7/ dated 20 th April, the Commission announced that it may permit investor to carry out investments in the following types of education services in the form of private schools teaching a curriculum prescribed by the Ministry of Education and relevant Ministries or an international curriculum. · On April 20, the Myanmar Investment Commission issued a notification permitting investment in private schools teaching either a curriculum set by the government or an international curriculum. : 74. Download PDF | Download word. 11/ of the Ministry of National and Economic Development) and a notification of the MIC providing details on the terms and restrictions on making certain kinds of foreign investment (Notification.

Data and Statistics, DICA Myanmar 2. 05 KB: Notification No. After the National Assembly’s 90-day review period, the Rules took effect earlier this year.

The list, which was announced by DICA on August 10, includes a total of 17 points and comes four months after the Myanmar Investment Commission (MIC) on April 20 issued notification (7/) allowing foreigners to wholly invest in domestic education. Private education was not specifically mentioned in the restricted activities that were listed in the MIC notification no 15/ dated 10 April. A Notice of Prior Security Interest is used only for transactions that arose BEFORE the Registry commenced. 59 / Requirements for.

24: 法令収録数を更新しました(法律1,481、規則等499) 12月24日 更新規則等・・・ 「Notification No. Using MyCO you can register your company and find information on all companies that are registered in Myanmar. 84/ (7), Waning of Tawthalin myanmar investment commission notification 1381 M.

The Government of the Republic of the Union of Myanmar Ministry of Investment and Foreign Economic Relations Directorate of Investment and Company Administration Notification No. What is the Myanmar Investment Commission? · MIC NOTIFICATION 15/ In myanmar investment commission notification comparison to many countries in the region, Myanmar’s market is fairly open to foreign investment New Myanmar Investment Law (PyidaungsuHluttawLaw No. It is clear that the DICA, undertaking the activities of the MIC, will play a significant myanmar investment commission notification role in the investment process as will the Proposal Review Group comprised of high ranking officials including members of the DICA, and responsible for scrutinising and presenting acceptable proposals to the MIC for a final decision. To expand market shares for Myanmar Products in the world market through the collaboration with international organizations.

In exercise of the power conferred under section 462(a) of the. 334 billion FDIs as per Myanmar Investment Commission.

Myanmar investment commission notification

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