The Myanmar Companies Law re-registration deadline is looming. All existing Companies - including foreign Rep Offices/Branches – must re-register by 31 January 2019. Has your business met the new requirements?
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Did you know provisions of the New Myanmar Companies Law also apply to State Owned Enterprises? Delighted to have presented a targeted Workshop on the Myanmar Companies Law for the Union Attorney General’s Department in Naypyidaw recently, together with my fellow SCM Legal Partners, Chris Hughes and Min Min Ayer Naing.
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The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising measures to allow greater foreign participation in import/export - trading business and trade finance. Foreign bank participation in retail financial services and more foreign banking licences are also on the way. We’re hoping to see growth in non-bank financing too.
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The Myanmar Companies Law 2017 commences on 1 August.  Members of the SCM Legal team drafted this law and have been assisting with its implementation.  To help you prepare for its commencement we are offering these services at highly competitive, fixed-fee rates:
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