Just send us the required details and documents and we will take care of the rest. The process is paperless, expedited and managed by our expert corporate services team.
You have some more complex requirements, no problem. Our team not only knows the company law inside out, but members of our team were responsible for writing it.
Avoid nasty surprises. All our business registrations are completed on a fixed fee basis, so you know what you will be paying upfront.
Send us the necessary documents and requested details.
We submit your application to DICA and inform you of the outcome.
You start operating your business
Most companies can use the standard constitution without any problems. But if you need something different, we can make a custom constitution that suits your needs.
When a company has multiple owners a shareholders agreement can be a crucial document to make sure that shareholders are treated fairly and that their rights are protected.
Every company needs a bank account. We can assist in the process of opening your Myanmar bank account.
Your company will need a registered address within Myanmar. We can provide a prestigious downtown Yangon address for your company.
Provide a prestigious downtown Yangon address to your customers to receive your mail. All mail will be scanned and stored digitally allowing you to retrieve it anywhere in the world.
Every company needs a Taxpayer Identification Number (TIN) to be able to make their tax payments as they fall due. Our experienced team can make sure that you are all setup to be tax compliant.
Most of the companies register within five to ten business days after we receive all the required documents. We will inform you if we anticipate any issues that might slow down the process.
Our goal is to reply to your enquiries in one business day. Sometimes, when the requests are more complex, this may take more time.
After incorporation there are a few mandatory steps that need to be undertaken within the first three months:
Yes, Myanmar allows 100% foreign owned and operated businesses. There are some restrictions on the kinds of businesses foreigners can engage in. Ask us if you have any questions.
For most businesses it is not necessary to have a Myanmar citizen as a director. Every company registered in Myanmar is required to have a resident director, this means that they need to reside in Myanmar 183 days per year.
Ask us if you are having difficulty to finding a resident director.
No there is no minimum share capital. Every company must have at least one share.
Shares can be issued for funds which the investor injects into the company, but can also be issued for non-cash contributions, such as transferring machines and land to the company or for providing services.
To register your new company, you will need to have the following information handy:
For Directors: Full name, full residential address as well as the date and place of birth of each person. We will need copies of passports and NRC cards.
For Shareholders: Full name, address and number of shares for each shareholder of the company.
General Information: The address of the registered office and principal place of business.
No. Under Myanmar law it is optional whether the company appoints a company secretary or not.
A registered address is required for every company in Myanmar. This can be either the same or different from the main place of business.
If you don’t have your own premises yet, inquire about our registered address service.
Normally working with partner banks we can assist with opening an account remotely, however this is subject to the banks discretion. The process itself is generally finished within one day.
