Newsletter
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Newsletter 130 (3 October 2023)
Topics: E-commerce business registration started; most company information no longer publicly accessible; registration of SIM cards
Newsletter 129 (24 September 2023)
Topics: New tax regime for Myanmar nationals living abroad (including migrant workers); clarification of the scope of services that are not subject to commercial tax; constitution or reorganisation of various committees
Newsletter 128 (21 September 2023)
Topics: Guidelines for overseas employment agencies; reshuffling of important committees and the MIC
Newsletter 127 (13 September 2023)
Topics: Visa extensions for private school teachers; production sharing ratio in the pearl industry
Newsletter 126 (12 September 2023)
Topics: E-Commerce Guidelines
Newsletter 125 (27 August 2023)
Topics: New withholding tax on fees paid to freelance health care professionals; reorganisation of the Economic Affairs Committee
Newsletter 124 (17 August 2023)
Topics: MIC, Foreign Exchange Supervisory Committee, Central Committee for Ensuring Smooth Flow of Trade and Goods reorganised; Procedures for Companies to be Registered on the Pre-Listing Board (PLB) of the Yangon Stock Exchange; Copyright Law to go live in October 2023; THB authorised to be used in international payment and settlement
Newsletter 123 (7 August 2023)
Topics: UMFCCI on imports and foreign currency
Newsletter 122 (30 July 2023)
Topics: Online sales business registration; SAC repeals Freshwater Fisheries Law; certificates of origin under the Regional Comprehensive Economic Partnership (RCEP) agreement; restrictions on the sale of electric vehicles
Newsletter 121 (22 July 2023)
Topics: Online Sales Business Registration Order
Newsletter 120 (21 July 2023)
Topics: Trademark protection at customs; exporters to convert 50% of their earnings
Newsletter 119 (13 July 2023)
Topics: Online sales now “essential services”; primer on property tax
Newsletter 118 (8 July 2023)
Topics: Restrictions in border trade; IRD on housing and medical benefits
Newsletter 117 (6 July 2023)
Topics: More restrictions on payments for imports; vaccination certificate no longer required when entering the country; translations uploaded
Newsletter 116 (23 June 2023)
Topics: Central Bank centralises foreign currency trade; impact of US sanctions on MFTB and MICB; import matters
Newsletter 115 (13 June 2023)
Topics: New VPA penalties
Newsletter 114 (9 June 2023)
Topics: Arbitration in Myanmar
Newsletter 113 (29 May 2023)
Topics: Myanmar expat inward remittances; schedule of fines for customs services providers
Newsletter 112 (26 May 2023)
Topics: Refund of Customs Department fines; Supreme Court recommendation for NGOs
Newsletter 111 (20 May 2023)
Topics: Committee against foreign interference; trademark deadline extended
Newsletter 110 (13 May 2023)
Topics: New Private Education Law; new exporter/importer registration order; Central Bank involvement
Newsletter 109 (29 April 2023)
Topics: Standard operating procedures to ensure tax payments when remitting money abroad
Newsletter 108 (22 April 2023)
Topics: Feed-in tariff for small-scale solar systems
Newsletter 107 (18 April 2023)
Topics: Implementation of the new Trademark Law; adoption of IFRS 2018 postponed
Newsletter 106 (10 April 2023)
Topics: Union Taxation Law 2023; deadline for trademark re-registration
Newsletter 105 (2 April 2023)
Topics: DICA requires proof of paid-up capital and police certificates from new companies; trademark fees and Trademark Registration Rules
Newsletter 104 (27 March 2023)
Topics: Counter-Terrorism Rules; Trademark Law to enter into force; NGOs
Newsletter 103 (12 February 2023)
Topics: Expansion of tax base in the oil and gas sector; payment of taxes in foreign currency; e-visa extension; public procurement and sale and lease of state-owned assets
Newsletter 102 (27 January 2023)
Topics: DICA directive on nominee directors and shareholders; forex exemption for foreign companies; trademark grand opening imminent; Department of Consumer Affairs directive on recalls; INGO registration
Newsletter 101 (27 November 2022)
Topics: Tax and tariff developments
Newsletter 100 (7 November 2022)
Topics: Follow-up on the new Registration of Associations Law; others
Newsletter 99 (1 November 2022)
Topics: The SAC’s new Registration of Associations Law
Newsletter 98 (23 October 2022)
Topics: What the FATF blacklisting means
Newsletter 97 (16 September 2022)
Topics: Important new requirement for in-country visa extensions; sanctions for not filing annual return
Newsletter 96 (22 August 2022)
Topics: Updated requirements for setting up overseas employment agencies; forms for online trademark filings published; foreigners no longer allowed to export pulses, corn and sesame; Central Bank activities; tax compliance checklist
Newsletter 95 (18 July 2022)
Topics: Electricity and energy tenders
Newsletter 94 (16 July 2022)
Topics: Forced conversion accelerated; foreign investment in non-bank financial institutions
Newsletter 93 (14 July 2022)
Topics: Moratorium on the repayment of cross-border loans
Newsletter 92 (13 July 2022)
Topics: CBM revokes exemption from compulsory conversion for DICA companies “with 10% or more foreign investment”
Newsletter 91 (9 July 2022)
Topics: Rice/corn traders in Thailand wanted; suspension on residence requirements lifted; MoL instructions on overtime and shifts; Foreign Exchange Supervisory Committee sets up DICA reception desk; recommendation letters from trade organisations required for import licenses; checklist series
Newsletter 90 (20 June 2022)
Topics: DICA companies forex exemption confirmed; others
Newsletter 89 (12 June 2022)
Topics: Foreign currency; replacement of revoked exporter/importer registration certificates; distribution by foreign-invested companies; decommissioning of oil & gas platforms; fuel distribution; immigration checklist
Newsletter 88 (29 May 2022)
Topics: Compulsory MMK use/conversion; Thai-Myanmar/Sino-Myanmar border trade; intellectual property protection; labour law and social security checklist; sanctions primer; INGOs; oil and gas
Newsletter 87 (7 April 2022)
Topics: Central Bank directives/Q&A (compulsory conversion)
Newsletter 84 (28 January 2021)
Topics: Guidance on establishment and operation of non-bank financial institutions
Newsletter 83 (15 October 2020)
Topics: Swiss Challenge” tender for the development of an industrial park in Yangon’s “New City”
Newsletter 82 (3 October 2020)
Topics: Online trademark (re-) registration now live
Newsletter 81 (20 September 2020)
Topics: Movement further restricted in Yangon; “work from home” ordered for non-essential businesses
Newsletter 80 (29 August 2020)
Topics: Online trademark filing (re-registration of existing trademarks) from 1st October 2020
Newsletter 79 (8 August 2020)
Topics: E-commerce; land in Bago; interesting news
Newsletter 78 (24 July 2020)
Topics: Law to Prevent an Increased Quantity of Imports
Newsletter 77 (18 June 2020)
Topics: COVID-19 tax reliefs explained (by MoPFI)
Newsletter 76 (15 June 2020)
Topics: COVID-19 tax reliefs announced
Newsletter 75 (30 May 2020)
Topics: New Industrial Zone Law
Newsletter 74 (26 May 2020)
Topics: Liquor import ban largely lifted
Newsletter 73 (22 May 2020)
Topics: More on the solar tender
Newsletter 72 (19 May 2020)
Topics: Solar tender; insurance sector liberalisation
Newsletter 71 (29 April 2020)
Topics: Emergency unemployment benefits; COVID-19 stimulus measures action matrix
Newsletter 70 (27 April 2020)
Topics: Primer on banking; litigation abroad; labour; COVID-19 (sadly)
Newsletter 69 (5 December 2019)
Topics: Labelling directive; stamp duty penalty reduced; trademarks
Newsletter 68 (11 November 2019)
Topics: Trademark online filing to partially start in December; other news
Newsletter 67 (8 November 2019)
Topics: Banking sector about to be completely opened to foreign investment
Newsletter 66 (29 October 2019)
Topics: Union Tax Law 2019; Upstream Petroleum Bill
Newsletter 65 (20 August 2019)
Topics: MPT law; arbitration centre; taxation; importer registration
Newsletter 64 (28 June 2019)
Topics: Power tender
Newsletter 63 (25 June 2019)
Topics: Electricity tariffs increased
Newsletter 62 (21 June 2019)
Topics: Foreigners allowed to export rice and other commodities; import privileges for fertilisers, seeds, pesticides, hospital equipment, construction materials and agricultural equipment finally revoked; Copyright Law enacted; power barge tenders to be called in July?; amendment to the Labour Dispute Resolution Law cements status quo; GAD now under civilian control; liquor import ban to be relaxed, license system to be overhauled; new financial year; new Tax Management Law; new rules for microfinance companies; time for appointing resident directors/authorised officers running out
Newsletter 61 (8 May 2019)
Topics: Foreigners-only casinos; construction sector
Newsletter 60 (2 May 2019)
Topics: Seminar invitation: “Debt collection”; opportunity to invest in a laundry franchise
Newsletter 59 (30 April 2019)
Topics: Trademark Law; occupational health; consumer protection; gambling; insurance
Newsletter 58 (3 February 2019)
Topics: New Trademark Law; foreign banks may invest in local banks; insurance market liberalisation
Newsletter 57 (3 January 2019)
Topics: Insurance market liberalisation; easing of import rules
Newsletter 56 (31 December 2018)
Topics: Government project database; new investment promotion ministry
Newsletter 55 (9 November 2018)
Topics: Foreign banks allowed to service local businesses
Newsletter 54 (6 October 2018)
Topics: New petroleum exploration, drilling and production law (draft)
Newsletter 53 (20 September 2018)
Topics: Condominium registration offices established; casinos to be legalised
Newsletter 52 (16 August 2018)
Topics: Import, export, trade further liberalised
Newsletter 51 (30 July 2018)
Topics: Retail/wholesale; MyCO; no more individual labour arbitration
Newsletter 50 (2 July 2018)
Topics: Investing in Myanmar’s LPG sector
Newsletter 49 (22 June 2018)
Topics: 2% withholding tax largely abolished; President sets new Companies Law enforcement date
Newsletter 48 (20 May 2018)
Topics: Minimum wage approved; elevated highway project; others
Newsletter 47 (11 May 2018)
Topics: Foreign retail and wholesale companies allowed
Newsletter 46 (9 May 2018)
Topics: Re-registration of companies; investment criteria
Newsletter 45 (22 April 2018)
Topics: Education open to 100% foreign investment; criteria for investments in electricity, oil and gas and agriculture
Newsletter 44 (4 April 2018)
Topics: Massive city development project; no welcome tax news
Newsletter 43 (20 February 2018)
Topics: Welcome tax news!
Newsletter 42 (2 February 2018)
Topics: 4 big electricity projects awarded; new MIC; others
Newsletter 41 (5 January 2018)
Topics: Tenders for two rental power projects
Newsletter 40 (3 January 2018)
Topics: New minimum wage
Newsletter 39 (27 December 2017)
Topics: Condominium Rules; new offshore licensing round 2018; lots more
Newsletter 38 (10 December 2017)
Topics: Penalties under the new Companies Law; big tax administration tender
Newsletter 37 (27 November 2017)
Topics: Import and sale of agricultural machines now open to foreign investment
Newsletter 36 (26 November 2017)
Topics: Seminar on new Companies Law; MIC notifications; others
Newsletter 35 (25 November 2017)
Topics: New Companies Law enacted
Newsletter 34 (3 November 2017)
Topics: New fiscal year; updated requirements for work permits; extension of tax benefits
Newsletter 33 (14 October 2017)
Topics: LL.M.; new custom tariffs; PSCs
Newsletter 32 (12 September 2017)
Topics: New tender alert function
Newsletter 31 (6 September 2017)
Topics: New employment contract template
Newsletter 30 (28 August 2017)
Topics: Petroleum and Petroleum Products Law; many other topics
Newsletter 29 (10 August 2017)
Topics: Corporate income tax for YSX listed companies reduced to 20%
Newsletter 28 (3 August 2017)
Topics: New foreign lawyer, Companies Bill, stamp duty amendments, immigration, lots of other things
Newsletter 27 (27 June 2017)
Topics: Stamp duty draft; trade liberalization; new Investment Law
Newsletter 26 (19 June 2017)
Topics: Investment guide; mini power projects; aspects of the new Investment Law
Newsletter 25 (12 June 2017)
Topics: New partner; seminars
Newsletter 24 (29 May 2017)
Topics: Draft Gemstone Law; first MIC endorsements; many other news
Newsletter 23 (13 April 2017)
Topics: New Investment Law by-laws complete; legal framework for credit rating agencies
Newsletter 22 (27 March 2017)
Topics: MOGE tenders
Newsletter 21 (23 March 2017)
Topics: Union Tax Law 2017, electricity and energy, lots of other things
Newsletter 20 (23 February 2017)
Topics: Foreigners laws; MIC; lots of other things
Newsletter 19 (27 January 2017)
Topics: New withholding tax rates; our services
Newsletter 18 (23 January 2017)
Topics: Law to Prevent Increased Imports (draft); good “Costs in Myanmar” survey published; Central Bank after export earnings
Newsletter 17 (16 January 2017)
Topics: LNG terminal; first draft of the new Investment Rules; import restrictions planned
Newsletter 16 (8 January 2017)
Topics: Payments in foreign currency; translation of the Foreign Exchange Management Regulation; import restrictions
Newsletter 15 (21 December 2016)
Topics: Local developer seeks partners for big projects; Foreigners Bill; Draft Work Permit Law; Central Bank; Rakhine State
Newsletter 14 (6 December 2016)
Topics: New visa rules; Vehicle import policy
Newsletter 13 (28 November 2016)
Topics: MIC invites comments on Investment Rules; crackdown on undocumented foreigners; MoC notification 74/2016
Newsletter 12 (17 November 2016)
Topics: New Investment Law to go live on 1st January 2017; power ship to supply electricity to Yangon
Newsletter 11 (6 November 2016)
Topics: Implementation of the new Investment Law; anti-corruption efforts; market access; implications of the lifting of the American sanctions
Newsletter 10 (20 October 2016)
Topics: New Investment Law enacted; stamp duty rates reduced; market access
Newsletter 9 (8 October 2016)
Topics: American sanctions lifted
Newsletter 8 (28 September 2016)
Topics: Minimum capital of microfinance companies increased; Central Bank criteria for cross-border loans; translation of IRD letter on stamp duty for collateralized loans
Newsletter 7 (7 August 2016)
Topics: How foreigners can engage in wholesale and retail; national economic policy; pricing
Newsletter 6 (23 July 2016)
Topics: Translation of the latest draft of the new Investment Law; high-rise building projects; further information on trade in construction materials
Newsletter 5 (11 July 2016)
Topics: Translation of Ministry of Commerce Notification 56/2016 allowing foreigners to trade in construction materials
Newsletter 4 (27 June 2016)
Topics: Institutional framework for investing in the power sector; registering long-term lease agreements
Newsletter 3 (9 June 2016)
Topics: The new Myanmar Investment Commission; change to DICA’s filing fees; translation of the Road Transport Business Law
Newsletter 2 (12 April 2016)
Topics: Central Bank’s new regulations on mobile financial services; translation of the Shops and Establishments Law, 2016
Newsletter 1 (4 April 2016)
Topics: The new cabinet; analysis and translations of the Union Tax Law and the Special Goods Tax Law; translation of MIC Notification 26/2016 specifying restricted businesses