Global Trade Alert
Global Trade Alert

Myanmar: Amendments for foreign companies under the new Company Law

Announcement

07 Dec 2017

Myanmar has approved a new companies act with several liberalizations for foreign companies.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

07 Dec 2017

Revocation date:

No revocation date

Updated: 07 Dec 2017
FDI: Entry and ownership rule In force

Also in the Myanmar Companies Act of  2017, the government introduced the requirement that at least 1 of the directors must be ordinarily resident in Myanmar i.e. resident in Myanmar for at le...

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Implementation date

07 Dec 2017

Revocation date:

No revocation date

Updated: 07 Dec 2017
FDI: Entry and ownership rule In force

On 7 December 2017, Myanmar's President approved a new Myanmar Companies Act 2017, replacing the Companies Act of 2014. The amendments in the new Act affecting foreign companies have been listed be...

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