DICA Company Registration in Myanmar

DICA Company Registration in Myanmar

The Directorate of Investment and Company Administration (DICA) is the primary government body responsible for company registration and investment facilitation in Myanmar. If you want to legally establish a business in Myanmar, registering your company with DICA is mandatory.

This guide covers everything you need to know about DICA company registration, including the process, requirements, documents, fees, and compliance to start your business smoothly.

What is DICA?

  • DICA stands for Directorate of Investment and Company Administration

  • It operates under Myanmar’s Ministry of Investment and Foreign Economic Relations (MIFER)

  • Responsible for company incorporation, investment approvals, and regulatory compliance

  • Manages the online MyCO company registration portal

Why Register Your Company with DICA?

  • Legal recognition of your business entity under Myanmar Companies Law

  • Access to government incentives and protections

  • Ability to open corporate bank accounts

  • Legal capacity to enter into contracts, hire employees, and operate commercially

  • Mandatory for all companies, including foreign-owned businesses

Types of Company Registration Managed by DICA

  • Private Limited Company (most common)

  • Public Limited Company

  • Branch Office of Foreign Company

  • Representative Office

Each entity has specific requirements and benefits, and DICA provides clear guidelines for registration.

Step by Step Process For DICA Company Registration

  • Name Reservation

    • Submit your proposed company name via the MyCO portal

    • Await approval (usually within 1–2 working days)

  • Prepare Incorporation Documents

    • Memorandum & Articles of Association

    • Details of shareholders and directors

    • Registered office address

  • Online Submission on MyCO Portal

    • Upload all documents

    • Pay government fees digitally

  • Review and Approval by DICA

    • DICA reviews application for compliance

    • Issuance of Certificate of Incorporation within 3–5 working days

  • Post-Incorporation Steps

    • Tax registration

    • Business license application (if required)

    • Opening bank accounts

Documents Required for DICA Registration

  • Passport copies of shareholders and directors

  • Proof of residential address

  • Passport-sized photos

  • Proposed company name approval

  • Memorandum and Articles of Association

  • Registered office address in Myanmar

DICA Registration Fees

  • Name reservation fee: approx. 5,000 MMK (~3 USD)

  • Company registration fee: approx. 20,000 MMK (~12 USD)

  • Stamp duty applicable based on share capital

Fees are payable online through MyCO.

Foreign Investment and DICA

  • Foreign investors must register through DICA to obtain legal status

  • Certain sectors require approval from the Myanmar Investment Commission (MIC)

  • DICA works closely with MIC to facilitate investment approvals

Compliance After DICA Registration

  • Annual filing of company returns with DICA

  • Maintaining statutory registers and records

  • Income tax and commercial tax compliance

  • Renewal of business licenses as per sector

Why Choose YKG Global for Your DICA Registration in Myanmar?

  • Expert guidance through DICA’s online registration system

  • End-to-end assistance with documentation and compliance

  • Support with foreign investment approvals if required

  • Transparent pricing and dedicated client support

  • Proven track record with Myanmar business registrations

    Call us or fill out our contact form to schedule a consultation today.

    ๐Ÿ“ง Email: Rishi@ykgglobal.com
    ๐ŸŒ Website: www.ykgglobal.com
    ๐Ÿ“ฑ Call/WhatsApp: +91 76782 77665
    ๐Ÿ“ Offices: Delhi | Mumbai | Dubai | Singapore

 

FAQ'S

Q: Is it mandatory to register with DICA to start a company in Myanmar?
A: Yes, all companies must be registered with DICA to operate legally.

Q: Can foreigners register a company via DICA?
A: Yes, foreigners can fully register and own companies via DICA, subject to sectoral regulations.

Q: How long does the DICA registration process take?
A: Typically, 5 to 7 working days from name approval to incorporation certificate issuance.

Q: Is physical presence required for registration?
A: No, DICA supports fully online registration via the MyCO portal.

Q: Can I open a bank account after DICA registration?
A: Yes, company registration with DICA enables corporate bank account opening.

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