SCM Legal | Myanmar | News and Resource

NEWS & RESOURCES

Cash withdrawal limits

The Central Bank of Myanmar (CBM) has recently issued new limits on the amount of cash which can be withdrawn from accounts. In a letter...

Importing used machinery into Myanmar

The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import...

Myanmar Business & Legal Update

Our latest business and legal update from the frontline in Myanmar. With so much happening it's hard to predict what the outcomes will be...

MIC tightening regulations on customs and import duty exemptions

The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions...

Central bank news on foreign investment

Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more

Myanmar Insurance Reforms

Finance sector watchers have waited on news about the liberalisation of Myanmar’s insurance sector for years. More than 30 foreign...

Ayeyarwady Region Investment Fair

The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the...

Myanmar Companies Law re-registration deadline

The Myanmar Companies Law re-registration deadline is looming. All existing Companies - including foreign Rep Offices/Branches – must...

New Myanmar Companies Law also apply to State Owned Enterprises

Did you know provisions of the New Myanmar Companies Law also apply to State Owned Enterprises? Delighted to have presented a targeted...

Allowing greater foreign participation in import/export

The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...

The Myanmar Companies Law 2017

The Myanmar Companies Law 2017 commences on 1 August. Members of the SCM Legal team drafted this law and have been assisting with its...