Company Incorporation in Myanmar – Process, Cost, & Legal Guide
Why Incorporate a Company in Myanmar?
Myanmar is becoming a fast-emerging destination for businesses seeking growth in Southeast Asia. With abundant natural resources, a young labor force, and strategic proximity to India, China, and Thailand, incorporating a company in Myanmar presents a strong investment opportunity.
The government now allows 100% foreign ownership, simplified procedures, and favorable tax incentives through the Myanmar Investment Commission (MIC).
Types of Legal Entities in Myanmar
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Private Company Limited by Shares (Pvt Ltd): Most common for foreign and local investors
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Branch Office or Representative Office: For existing foreign companies
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Public Company Limited by Shares: For large companies planning to raise public funds
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Joint Venture: Partnership between a local and foreign investor
Company Incorporation Process in Myanmar
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Choose Business Type & Name
Select your structure and reserve a unique name via DICA (Directorate of Investment and Company Administration).
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Prepare Incorporation Documents
Includes company constitution, Form A, Form VI, Form XXVI, and passport copies of directors/shareholders.
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Register on Myanmar Companies Online (MyCO)
File your incorporation online via MyCO platform.
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Obtain Certificate of Incorporation
Usually issued within 1–2 working days after successful registration.
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Apply for Tax Registration
Register with the Internal Revenue Department (IRD) to get a Taxpayer Identification Number (TIN).
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MIC Permit
Apply for an MIC Permit for businesses in restricted sectors or needing tax incentives.
Documents Required
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Company Constitution
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Names and addresses of directors/shareholders
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Copy of passports or National Registration Cards
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Lease agreement (for office address in Myanmar)
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Details of business activities
Timeframe:
The average time for incorporation ranges from 5 to 10 working days, depending on the complexity of your business and sector-specific approvals, such as from the Myanmar Investment Commission.
Minimum Capital Requirement
There is no minimum capital requirement for most businesses.
However, MIC-permitted companies may need to show capital of USD 50,000 to USD 150,000, depending on sector.
Can Foreigners Register a Company in Myanmar?
- Yes, 100% foreign-owned companies are allowed
- Must have a registered office in Myanmar
- Foreigners can act as directors and shareholders
- Certain sectors may require joint ventures or MIC approval
Why Choose YKG Global for Myanmar Incorporation?
YKG Global ensures end-to-end guidance for setting up your company in Myanmar:
- Name reservation and online MyCO registration
- Legal document drafting
- Tax & TIN registration
- Office address setup & virtual office services
- MIC permit assistance
- Ongoing compliance & reporting
Get started with your Myanmar company today!
Book a free consultation with YKG Global – your trusted partner in global business expansion.
📧 Email: Rishi@ykgglobal.com
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