The process above is for normal company registration under the Myanmar Companies Act. Investors who want to apply for a MIC permit still need to submit a detailed business plan to MIC plus additional registration forms.
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If your business does not have a significant capital investment, a potential impact on the environment and the local community, or fall under the restricted categories above, the general timeline for company incorporation is approximately two weeks.
Otherwise, the usual timeline for your business to become operational is 3 – 6 months for the appropriate process approvals by the Myanmar Investment Commission (MIC).
The launch of the Myanmar Companies Law in 2017 that allows you to register a company on the new electronic platform MyCo-Myanmar Companies Online. However, the documentation and steps could prove challenging for beginners, and any shortcomings in the paperwork can bring along delays in the company registration timeline.
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