In today's fast-paced business environment, having reliable accounting and bookkeeping solutions is essential for maintaining financial health and compliance. However, many companies face the choice of whether to hire full-time…
As we approach the end of the year, businesses across Myanmar are gearing up for a critical process: wrapping up their financial affairs. The financial year-end represents a pivotal moment…
As the financial year is about to end, businesses are gearing up to chart their course through the ever-changing landscape of commerce. While innovation, market trends, and operational efficiency are…
Essential Legal Considerations for Business Acquisition in Myanmar
Renewing your Foreigner Registration Certificate ("FRC") for foreigners residing in Myanmar before December 31st is essential. Beyond being a legal obligation, it is a crucial measure for the seamless renewal…
Published: June 7, 2021Updated: March 21, 2022 Background Many foreigners have expressed interest in returning to Myanmar and subsequently contacted FocusCore Myanmar to receive an update on the process and…
Top 3 benefits we want to share, which our clients have experienced after they decided to outsource their bookkeeping and accounting; especially during COVID-19 where a remote workforce has become…
As the financial market in Myanmar tries to reform from a collateral-based loan to credit-based system, having a GAAP accounting system to monitor the company’s financial position and performance becomes…
As Myanmar catches up with the rest of the world with the spread of COVID-19, it becomes apparent that the effects of the ‘Great Lockdown’ will soon be felt across…
Founded in 1997, Lippotex Industries produced sportswear and knitted garments for export markets. Adapting the changes of market and world economy, they then expanded their product range to woven fabric…
