Investment in Myanmar

1. Overview of Investing in Myanmar

• Why Choose Myanmar for Investment?

  • Strategic location in Southeast Asia.

  • Growing economy and resource-rich landscape.

  • Young, dynamic workforce and emerging consumer market.

• Key Sectors for Investment

  • Manufacturing and industrial zones.

  • Agriculture and agribusiness.

  • Infrastructure and urban development.

  • Renewable energy and green projects.

  • Information and communication technology (ICT).

  • Tourism and hospitality.

  • Healthcare and education.

• Economic Zones and Opportunities

  • Overview of Special Economic Zones (SEZs): Thilawa, Dawei, and Kyaukphyu.

  • Regional focus: investment hotspots like Yangon, Mandalay, and Naypyidaw.

2. Steps to Start Investing in Myanmar

• Understand the Myanmar Investment Law

  • Key provisions, investment guarantees, and rights.

  • Industries open for 100% foreign ownership vs. those requiring local partnerships.

• Choosing a Business Model

  • Wholly foreign-owned enterprises.

  • Joint ventures with local partners.

  • Representative offices and branch offices.

• Company Registration Process

  • Step-by-step guide to registering a business with DICA via the MyCO online portal.

  • Documents required and associated fees.

• Sector-Specific Licensing and Permits

  • Process for obtaining industry-specific permits (e.g., healthcare, ICT, real estate).

• Land and Property Use

  • Leasing land as a foreign investor.

  • Accessing long-term leases under MIC approvals.

3. Incentives for Investors

• Tax Benefits

  • Corporate income tax holidays and exemptions.

  • Customs duty exemptions on imported machinery and raw materials.

• Investment Guarantees

  • Protection against nationalization.

  • Guarantee for transferring profits abroad.

• Special Economic Zone Benefits

  • Simplified licensing and tax advantages in SEZs.

• Government Support for Priority Sectors

  • Subsidies and incentives for infrastructure, renewable energy, and technology.

4. Rules and Regulations

• Myanmar Investment Law (MIL)

  • Overview of rights and obligations for investors.

  • Restricted and prohibited investment activities.

• Taxation and Financial Guidelines

  • Corporate income tax rates and regulations.

  • Commercial tax (similar to VAT) and exemptions.

• Labor Laws and Employment Regulations

  • Guidelines for hiring local and foreign employees.

  • Minimum wage, labor rights, and social security requirements.

• Environmental Compliance

  • Steps for conducting environmental impact assessments (EIA) and obtaining clearances.

5. Resources for Investors

• Step-by-Step Guides

  • How to register a business in Myanmar.

  • How to apply for MIC permits or endorsements.

• Frequently Asked Questions (FAQs)

  • Common queries on starting and operating a business.

• Downloadable Documents

  • Myanmar Investment Law and related policies.

  • Application templates for registration, licenses, and permits.

• Market Insights

  • Economic reports and investment trends.

  • Sectoral studies and opportunities.

6. Updates and Insights

• Policy Updates

  • Recent changes in investment laws and regulations.

• Economic and Market Trends

  • Growth industries and regional developments.

• Case Studies and Success Stories

  • Examples of successful investments across sectors.

7. Support and Contact Information

• Government Agencies

  • Directorate of Investment and Company Administration (DICA).

  • Myanmar Investment Commission (MIC).

  • Relevant ministries by sector.

• Investment Facilitation Services

  • Your company’s services for advisory and support.

• Community Forum

  • A place for investors to ask questions and share experiences.