Investing in Myanmar requires compliance with the Myanmar Investment Law to avoid penalties and ensure lawful operations. This law offers essential protections and incentives based on your business type .We specialize in providing comprehensive support to navigate the complexities of the Myanmar Investment Law, managing all necessary documentation for smooth and compliant operations:
- MIC Permit/Endorsement Application: We specialize in securing the necessary permits and regional endorsements for individuals and businesses seeking to invest in Myanmar
- Tax Incentive Application: We will submit Tax Incentive Applications for imported machinery, with eligibility for income tax incentives based on your specific business classification.
- Investment Increase Application: We support businesses aiming to enhance their capital, machinery & equipment, raw materials, and production. Our services include the preparation and filing of applications to obtain the required approval letters.
- Raw Material & Production Amendment Application: We are prepared to assist you in amending any details in your approved business proposal concerning raw materials and production as needed.
- First Raw Import Application: For CMP operations, companies must apply for an initial approval letter for the first raw material under the Myanmar Investment Commission (MIC). We offer comprehensive support in securing this approval.
- Commencement of Operations Application: To start operations at your factory, it is necessary to notify the Myanmar Investment Commission (MIC) and submit the required documentation to obtain the approval letter for Commencement of Operations. This step is essential for qualifying for income tax incentives relevant to your business.
- Dissolution/Liquidation Services: We offer legal services to assist with the process of terminating your business operations prior to the expiration of your permit. This includes the submission of necessary permits and endorsements for cancellation, along with the payment of any applicable taxes. Our team ensures that all procedures are conducted in accordance with the regulations set forth in the Myanmar Investment Law.
- Other Investment-Related Applications: We offer comprehensive services for amending permits and endorsements issued under the Myanmar Investment Law. If you require modifications to any data or related information regarding your investment project, our experienced team is prepared to assist you at every stage of the process.