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Jun 2, 2021
Myanmar concessional import licence fees have ended
Myanmar has ended concessional flat rate import licence fees
May 25, 2021
New solar tender
The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy published, on 24 May 2021, an invitation to...
May 11, 2021
Central bank providing additional relief to banks
The CBM issued two directives on 7 May 2021, changing the reserve requirments and the method of calculating the liquidity ratio.
May 6, 2021
Change of control over the General Administrative Department (GAD)
The General Administrative Department (GAD) is central to the functioning of the government administration across the country and forms...
Apr 30, 2021
Myanmar restricts importing food products overland
Myanmar restricts the import of certain food products over its land borders, mainly affecting trade with Thailand and China.
Apr 29, 2021
Penalty relief on late filing of the Annual Return
As part of its corporate compliance requirements, every company in Myanmar must file an Annual Return within two months of incorporation...
Mar 27, 2021
Members are appointed to the Myanmar Investment Commission
The Myanmar Investment Law 40/2016 (MIL) is the key law regulating and promoting investment in Myanmar. The MIL provides investors with...
Mar 10, 2021
Regulations for operating a car dealership in Myanmar
What is required to operate a new car dealership in Myanmar
Mar 9, 2021
Selling heavy vehicles and machinery in Myanmar
Distributing heavy vehicles and machinery for commercial use
Mar 5, 2021
Cash withdrawal limits
The Central Bank of Myanmar (CBM) has recently issued new limits on the amount of cash which can be withdrawn from accounts.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...
Mar 4, 2021
Importing used machinery into Myanmar
The Ministry of Commerce (MOC) has issued Notification No.8/2021 on 20 Jan 2021 (Notification) specifying the conditions for the import...
Feb 17, 2021
Myanmar Business & Legal Update
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...
Jan 24, 2021
MIC tightening regulations on customs and import duty exemptions
The Myanmar Investment Commission’s (MIC) announcement on 20 January 2021 seeks to regulate the use of customs and import duty exemptions...
Feb 1, 2019
Central bank news on foreign investment
Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more
Jan 23, 2019
Myanmar Insurance Reforms
Finance sector watchers have waited on news about the liberalisation of Myanmar’s insurance sector for years. More than 30 foreign...
Dec 9, 2018
Ayeyarwady Region Investment Fair
The SCM team recently attended the Ayeyarwady Region Investment Fair in beautiful Ngwe Saung. It was an initiative of the MIC, the...
Nov 22, 2018
Myanmar Companies Law re-registration deadline
The Myanmar Companies Law re-registration deadline is looming. All existing Companies - including foreign Rep Offices/Branches – must...
Oct 14, 2018
New Myanmar Companies Law also apply to State Owned Enterprises
Did you know provisions of the New Myanmar Companies Law also apply to State Owned Enterprises? Delighted to have presented a targeted...
Aug 22, 2018
Allowing greater foreign participation in import/export
The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...
Jun 8, 2018
The Myanmar Companies Law 2017
The Myanmar Companies Law 2017 commences on 1 August. Members of the SCM Legal team drafted this law and have been assisting with its...