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INVESTMENT PROCEDURE IN THE REPUBLIC OF THE UNION OF MYANMAR

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).

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INVESTMENT PROCEDURE IN THE REPUBLIC OF THE UNION OF MYANMAR

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  1. 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)

  2. Related Acts, Laws, Rules and Regulations • - 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)

  3. 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

  4. 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 time- being

  5. 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

  6. 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

  7. 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

  8. Type of Business Activities • General economic activities allowed for foreign investors

  9. Minimum Foreign Capital Requirement • Basically - minimum foreign capital requirement • Based on economic activities

  10. Ministries Concerns • Ministry of National Planning and Economic Development • Ministry of Home Affairs • Ministries of Related Business Activities • Ministry of Foreign Affairs

  11. 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, MahabandoolaPanchan Street, KyauktadaTownship, Yangon Region. E-mail- wantin2008@gmail.com Phone No: 09-50-20201, 229023, 09-7301-5141, 09-4308-9223 • Thank You

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