Setup Business in Myanmar
Nowadays, businesses are no longer exclusive to domestic markets, as they operate on an increasingly global scale. The development of a contemporary company often includes the establishment of overseas branches and subsidiaries. Recently, Asia has become home to one of the most dynamic and competitive markets, which prompted many companies to establish branches on the continent.
Our oganization is composed of highly experienced professionals who specialize in establishing and registering offices and parent companies in Myanmar, and who are prepared to provide any services to fulfill customers’ requirements in a proper and immediate manner. Since 1998, we have kept enhancing our rigorous and up-to-date knowledge base through our professional experience and market research. Thus, we have the ability to provide the necessary information and services for the establishment of a business in Myanmar.
When starting business in Myanmar, every aspect of the incorporation must be taken into account, such as Myanmarese law, regulations, customs, and so on.
The different types of business organizations in Myanmar according to Myanmarese law are as follow:
|Representative Office*||Primarily to collect and survey information
Commerecial operations prohibited
|Branch||Operating activities, physical sales allowed
Remittance of profits allowed
|Local Corporation||Can be owned 100% owned by foreign capital
Subjected to specific industry regulations
In the case of a joint venture company, at least 35% of the capital must be foreign.
|Alliance||Equipment and machinery for manufacturing can be borrowed.|
Furthermore, our multilingual professional staff has experience from several companies, with credentials such as CPA and USCPA, which enables us to create financial statements under GAAP or IFRS. We guarantee to provide services with the highest level of professionalism at reasonable prices, by finding the maximum efficiency and effective ways in solving our clients’ problems.
Our global strategy and implementation services team provides:
- Business case development
- International due diligence (Financial, Strategic, Operational)
- Implementation (Joint ventures partnerships, Greenfield projects, Strategic alliance, Global acquisitions)
- In-country support (Traditional financial and accounting services, including audit and international tax solutions, Supplier development programs, Program management)
- True client advocacy
Our staff can answer inquiries and meet promptly with prospective customers using English, Burmese, Chinese, Spanish, Portuguese, Mongolian, and Khmer.