Myanmar has ended concessional flat rate import licence fees

The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy published, on 24 May 2021, an invitation to...

The CBM issued two directives on 7 May 2021, changing the reserve requirments and the method of calculating the liquidity ratio.

The General Administrative Department (GAD) is central to the functioning of the government administration across the country and forms...

Myanmar restricts the import of certain food products over its land borders, mainly affecting trade with Thailand and China.

As part of its corporate compliance requirements, every company in Myanmar must file an Annual Return within two months of incorporation...

The Myanmar Investment Law 40/2016 (MIL) is the key law regulating and promoting investment in Myanmar. The MIL provides investors with...

What is required to operate a new car dealership in Myanmar

Distributing heavy vehicles and machinery for commercial use

The Central Bank of Myanmar (CBM) has recently issued new limits on the amount of cash which can be withdrawn from accounts. In a letter...

The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import...

Our latest business and legal update from the frontline in Myanmar. With so much happening it's hard to predict what the outcomes will be...

The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions...

Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more

Finance sector watchers have waited on news about the liberalisation of Myanmar’s insurance sector for years. More than 30 foreign...

The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the...

The Myanmar Companies Law re-registration deadline is looming. All existing Companies - including foreign Rep Offices/Branches – must...

Did you know provisions of the New Myanmar Companies Law also apply to State Owned Enterprises? Delighted to have presented a targeted...

The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...

The Myanmar Companies Law 2017 commences on 1 August.  Members of the SCM Legal team drafted this law and have been assisting with its...