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Importers Need To Register Wholesale And Retails Business To Import Agricultural Inputs And Medical Equipment

Foreign & Joint -Venture Company( foreign- myanmar ) will not be allowed to trade Six items ( fertilizers, seeds, pesticides, medical equipment , construction material and equipment ans agricultural machinery and equipment ) that

Myanmar

Five Foreign Life Insurance Companies Have Been Permitted To Operate Business In Myanmar

Myanmar Government granted five life insurance companies to operate as 100% wholly -owned  subsidiary in Myanmar,on 5 April 2019.They are – AIA Company Limited , Chubb Tempest Reinsurance Limited, Dai-ichi Life Insurance Company Limited, Manufacturers Life Insurance Company Limited , Prudential  Hong Kong Limited. Ref: The Global New Light Of Myanmar, National ,6 April 2019.

Myanmar

“DICA” Announced On Restoration Of Companies That Failed To Do Re- registration

According to 2017  Myanmar  New Company Law , all companies that have been formed by Old Myanmar Company Law ( 1914) are needed to re-registration on online ( MyCO ), not later than 31 January 2019 . Any Company or entity that will be struck off from the registry if failed to do it. Now
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Myanmar

Government Urges Foreigners To Register with Local Authorities

Foreigners who travel to Myanmar with various visa are needed to inform local authority where they are staying within 24 hours . Foreigners who tend to work in Myanmar are also needed to apply proper visa , called ” Visa and Stay permit ” . If the authority find out foreigner without required legal documentation,
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