Important Update on Myanmar Companies Registration
The Netherlands ranked at top 4th according to the 2017 Foreign Direct Investment Annual Report, Myanmar. Dutch business companies active in the country now require to go through the electronic registry system in accordance with the Myanmar Companies Law (2017).
The Law has officially been enacted on 1st August 2018, followed by the Myanmar Companies Regulations 2018. Local and foreign business companies and those companies already registered in Myanmar prior to 1st August 2018 need to (re) register at the Directorate of Myanmar Investment and Company Administration (DICA). DICA serves as a responsible body for companies registration in Myanmar as well as a secretary to the Myanmar Investment Commission (MIC), which is a responsible body for investment application, verification, and granting the approval. Re-registration of all companies and entities are effective within the period 1st August 2018 to 31st January 2019 via Myanmar Companies Online (MyCo).
Please follow the official websites links below of the Directorate of Investment and Company Administration (DICA) and Myanmar Companies Online (Myco) for more details.
The Netherlands Embassy in Myanmar
Agriculture Section, LAN-YAN