2 mins read · Thu July 1, 2021
Investments in Myanmar are regulated by the Myanmar Investment Law 40/2016 (MIL), which includes a number of tax and other investment incentives for both Myanmar and foreign investors. Key tax incentives include:
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2 mins read · Tue May 25, 2021
The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy published, on 24 May 2021, an invitation to bid to develop and operate solar power plants with a 20-year concession on a build-operate-own basis.
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2 mins read · Sat March 27, 2021
The Myanmar Investment Law 40/2016 (MIL) is the key law regulating and promoting investment in Myanmar. The MIL provides investors with tax incentives and allows foreign investors to enter into long term land leases.
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1 mins read · Thu March 4, 2021
The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import of reconditioned machines. The Notification applies to the import by small and medium sized businesses, it does not clarify what this would mean for other businesses. Key conditions of the import being approved are that […]
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1 mins read · Wed February 17, 2021
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 but hopefully this provides some helpful information and insights.
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2 mins read · Sun January 24, 2021
The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions by companies operating in Myanmar more tightly.
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1 mins read · Sun December 9, 2018
The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the Regional Government, JICA and JETRO and brought together senior officials from Union and Regional Ministries, trade commissioners, business leaders from domestic and foreign companies, business associations and investment professionals for an investment seminar, […]
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