Flexible rules for overseas insurance companies in Myanmar.
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 required was set at $1…
Myanmar Companies Act will become law before year end.
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 Stock Exchange. It is expected…
Myanmar Contract Staffing and Payroll Services
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 are hired by MyWorld, through…
Myanmar New Investment Law: details emerge encouraging investment
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 acres (1000 acres if agricultural)…
Patriot Act. Section 311 – detailed information, FocusCore and your route to trading in Myanmar.
We have received many enquiries from companies seeking more information following our recent blogs - on the Executive Order from The White House for the removal of Sanctions, and on…
Myanmar Department of Civil Aviation supports public-private agreements to develop airports.
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 for airports across Myanmar. This…
Record levels of foreign investment in Myanmar – why is this now important for your company?
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 here many of the changes,…
Myanmar Business Visa’s explained
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 exempt countries (see below). All…
Myanmar – new products to be exempt of import licences
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 news for importers and Myanmar…
New Investment law in Myanmar will benefit foreign investors and authorise IPOs for joint ventures
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 currently available for a five-year…