Company Incorporation in Myanmar – Process, Cost, & Legal Guide

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

  • Private Company Limited by Shares (Pvt Ltd): Most common for foreign and local investors

  • Branch Office or Representative Office: For existing foreign companies

  • Public Company Limited by Shares: For large companies planning to raise public funds

  • Joint Venture: Partnership between a local and foreign investor

Company Incorporation Process in Myanmar

  • Choose Business Type & Name

    Select your structure and reserve a unique name via DICA (Directorate of Investment and Company Administration).

  • Prepare Incorporation Documents

    Includes company constitution, Form A, Form VI, Form XXVI, and passport copies of directors/shareholders.

  • Register on Myanmar Companies Online (MyCO)

    File your incorporation online via MyCO platform.

  • Obtain Certificate of Incorporation

    Usually issued within 1–2 working days after successful registration.

  • Apply for Tax Registration

    Register with the Internal Revenue Department (IRD) to get a Taxpayer Identification Number (TIN).

  • MIC Permit 

    Apply for an MIC Permit for businesses in restricted sectors or needing tax incentives.

Documents Required

  • Company Constitution

  • Names and addresses of directors/shareholders

  • Copy of passports or National Registration Cards

  • Lease agreement (for office address in Myanmar)

  • 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
🌐 Website: www.ykgglobal.com
📱 Call/WhatsApp: +91 76782 77665
📍 Offices: Delhi | Mumbai | Dubai | Singapore

 

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