Myanmar company registration is offered in two opitions to foreign investors registering a business entity in Myanmar. Such business activities that need substantial investments have to be registered under the Myanmar Foreign Investment Law (MFIL) through the Myanmar Investment Commission (MIC) The Myanmar Companies Act (MCA) allows foreign service providers to register companies for other services.
MIC companies are offered tax and non-tax incentives, but require a greater amount of capitalization and slightly longer and more documentations required.
Registration under the Myanmar Companies Act (MCA) Process
According to the Myanmar company act, Myanmar company registration process takes about one months. However, at the moment there is an option available to get a temporary incorporation certificate within a few weeks of lodging the application to incorporate. Once incorporated you will receive a ‘Permit to Trade’ that is valid for three years before it needs to be renewed. Interactive will guide you through the process of choosing an appropriate corporate structure and liaising with appropriate government agencies, as well as preparing the necessary documentation.
Minimum Capital Requirements
Under the CA minimum Myanmar company registration capital requirement is reduced to USD 150,000 for a Industrial, Hotel and Construction company and USD50,000 for a services, travel and tour company as per the Myanmar companies act.