Application Procedures for Foreign Investment
A promoter for foreign investment must submit a proposal in prescribed form to the Myanmar Investment Commission for consideration of issuing permit. If it is a hundred percent foreign investment, a draft contract to be executed with an organization determined by the Ministry concerned. If it is a joint-venture, a draft between the foreign investor and local counterpart. If it is a joint-venture in the form of a limited company, draft contract between the foreign and local investors.
To set up Foreign Branch/ Representative Office in Myanmar
Documentary Requirements
Permit Application
(1) Application Form A (2) Copies (Duly filled up signed and affixed K. 6/- court fee stamp)
(2) Questionnaire Form (2) Copies
(3) List of intended business activities that will be carried out in the Union of Myanmar (To Mention only specific business)
(4) List of estimated expenditure for the first year operation
(5) Original Bank statement of the Company
(6) Annual reports or audited Financial Statements for the last previous two years of the Parent Company (Notarized and Consularized by the Myanmar Embassy concerned)
(7) Certificate of Compliance with the Terms and conditions of the Permit.
(8) Statement of Compliance for to be initial capital brought in
(9) Memorandum and Articles of Association of parent company (Notarized and Consularized by the Myanmar Embassy concerned)
(10) Appointment letter/ Power of attorney for the Authorized Person (Notarized and Consularized by the Myanmar Embassy concerned)
(11) Board of Directors Resolution of Parent Company
(12) List of Shareholders/Directors of Parent Company
(13) Passport or National Registration Card (N.R.C) Copy of Authorized Person
(14) Licence of the Central Bank of Myanmar for Bank Representative Office.
Registration Application
(1) Memorandum and Articles of Association of parent company (Notarized and Consularized by the Myanmar Embassy concerned)
(2) Declaration of Registration
(3) Declaration of Registered Office
(4) Declaration of Legal Version
(5) Certificate of Translation
(6) Undertaking for occasional reports and renewal
(7) Persons Authorized to accept services in the Union of Myanmar (Form XXVIII)
(8) Appointment Letter / Power of Attorney for the Authorized Person (Notarized and Consularized by the Myanmar Embassy concerned)
(9) Myanmar Translation of Memorandum and Articles of Association of parent company
(10) List of Directors of Parent Company
(11) Passport or N.R.C Copy of Authorized Person.
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