Navigating tax and compliance regulations in Myanmar can be a complex and time-consuming task for businesses. From understanding ever-changing legal requirements to meeting tight deadlines,
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,
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
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
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
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
The mission of AMCHAM Myanmar is to promote and connect American business in Myanmar by encouraging local partnerships and upholding the highest business standards. The
The Government in Myanmar is reviewing tax laws with potential changes expected in the near future. For companies, correct tax reporting will be even more
We have received many calls from companies seeking more information on the changes that came into effect in August of this year, via the Myanmar
The Central Bank of Myanmar (CBM) has now, as predicted, authorised overseas banks operating in Myanmar to offer facilities for exports AND imports. Previously, it
This may be the most important blog we have ever written. Action is required by your company to protect trademarks even if already declared. If
Overseas investors can now create a 100% holding company to finance a new enterprise for the education sector in Myanmar. A recent Notification from The
Attention from local and overseas companies continues to grow with all eyes on the rule changes applying to companies operating in Myanmar. The changes are
The National Assembly has passed the Myanmar Companies Law (the “Law”). After extensive debate on various aspects of this long awaited Myanmar corporate reform the
Considerable work amalgamating many documents is now complete within a publication by the ILO for companies, employees and Government departments, offering guidance on regulations relating
Products from Unison Collaborative are now available via a local source in Myanmar. FocusCore was chosen to help Unison Collaborative setup a joint venture in
WE DIT IT! Some time ago FocusCore received a call asking for help to obtain administrative licences and Government Approvals, to allow a new school
The European Union operates a Generalised System of Preferences (GSP) facility. This is granted unilaterally to developing countries. This translates into special tariffs that has
New rules have been announced relating to the funds required by an overseas insurance company, when operating in Myanmar. In the past, the capital fund
The Myanmar Companies Act will reform the regulation of companies, encourage more investment from overseas, and authorise foreign investors to purchase shares on The Yangon
Contract Staffing and Payroll Services are now a very popular solution in Myanmar. Why companies are choosing FocusCore and MyWorld Careers in Myanmar. The staff
The key figure is 100. Projects that move over 100 people or projects with budgets of over $100m or projects targeting areas of over 100
We have received many enquiries from companies seeking more information following our recent blogs – on the Executive Order from The White House for the
The Department of Civil Aviation Myanmar (DCA), the government agency operating under The Ministry of Transport, is planning to obtain approval for public-private invested upgrades
Foreign Direct Investment has a catalytic effect on a country, which can trigger a sooner than expected demand for products and services. We have listed
Any Foreign National who wishes to enter Myanmar, must obtain a visa unless he or she is a citizen of one of the eligible visa
The Ministry of Commerce has announced an updated list of products, which will no longer require an import licence from 1 September. This is good
It has been confirmed that when the new Myanmar Investment Law is passed, one of the key changes will mean a stop to the benefits
FocusCore has been chosen by Allworld Exhibitions, to help them establish their permanent presence in Myanmar. Allworld Exhibitions is one of the world’s leading groups
