Implementation of the long-awaited Companies Law will be postponed until August 2018, Reuters reported Monday, citing top officials from Myanmar’s Directorate of Investment and Company Administration (DICA). Myanmar will delay implementing a new law that would have allowed foreign companies to take up to a 35 percent stake in local companies, bringing about badly needed reforms for […]
Myanmar Investment Law Seminar by Malaysian Business Council on 16 Jan 2017
January 2, 2017 by
You can learn more about how to submit your MIC permit by clicking here DO YOU WANT TO BE INFORMED OF NETWORKING SESSION HERE IN YANGON?If you are a foreign investor and want to be updated on the networking activities organized by the various Chambers of Commerce, Private Banks and major organizations especially when […]
To pay or not to pay? INGOs wrangle over income tax
May 5, 2016 by
With a new government in office and the start of a new financial year, international non-government organisations (INGOs) are holding intense discussions over whether their well-paid expat staff should pay income tax in Myanmar. Some have been paying tax for years; others claim to have deals that exempt their foreign staff; and others would not […]
