Export Earning Rate Changes
The Central Bank of Myanmar ("CBM") has issued Notification No. 37/2024. In this announcement, the Central Bank revises the regulations outlined in Notification No. 26/2023, where 35% of export earnings…
Entering a new market provides multinational corporations (MNCs) with a unique set of challenges. Navigating unfamiliar regulatory landscapes, managing compliance, and maintaining accurate records can become daunting tasks that strain resources and hinder growth. This is where corporate secretarial services become invaluable, providing the expertise and support needed to ensure a smooth and compliant market entry.
How Corporate Secretaries Can Help Multinational Corporations Overcome Key Challenges?
Entering a new market provides multinational corporations (MNCs) with a unique set of challenges. Navigating unfamiliar regulatory landscapes, managing compliance, and maintaining accurate records can become daunting tasks that strain…
Why Businesses Expand in a Foreign Country?
Nowadays' globalised economy, business expansion is increasingly becoming an essential part of many companies' growth strategies. Venturing beyond domestic markets to seek opportunities in foreign countries, a process known as international expansion, can significantly enhance a company's market reach, competitive edge, and overall profitability.
The Critical Role of Financial Data in Modern Business Operations: Tips for Secure Storage
In today's business world, "data" is one of the most powerful weapons businesses can have. Financial data, which serves as the lifeblood of decision-making processes, is included in this category.…
Exploring the Benefits of Dedicated Remote Accountants and Bookkeepers for Your Business
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…
Navigating the Financial Year-End: A Guide for Businesses in Myanmar
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…
Maximise Your Business Potential: Essential Financial Insights for the Year Ahead!
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
Essential Legal Considerations for Business Acquisition in Myanmar
Navigating The FRC Renewal Process In Myanmar: Your Comprehensive Guide With DFK FocusCore 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…
Ministry of Foreign Affairs (“MOFA”) approval for returning to Myanmar.
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…