Since its economic and political opening up in 2012, Myanmar has undergone a rapid development and numerous legal reforms. In recent months, not only the new Companies Law 2017 was implemented, allowing incorporations with similar ease as in Singapore, but the continued implementation of the Myanmar Investment Law 2016 is also relaxing the remaining restrictions on foreign investments.
One of the last businesses prohibited for foreign investors was import and trading of goods. Following several consultation rounds, the Ministry of Commerce finally issued new Terms & Conditions for Retail / Wholesale Trading (Notification No. 25/2018), allowing foreign investors to establish 100% foreign owned trading companies in Myanmar.
This briefing will give a general overview of Myanmar's investment regime, with a focus on the changes introduced by the new Companies Law 2017 and the requirements for import and trading businesses.
Programme:
9.00 am - Registration and networking
9.20 am - Opening remarks
9.30 am - Overview: Myanmar Business Outlook
9.50 am - 'Invest Myanmar Summit' presentation
10.00 am - Presentation by Alexander Bohusch, Accredited Tax Practitioner and Attorney-at-law, Luther
10.40 am - Q&A discussion
11.00 am - End
Venue: SBF Centre, Level 6 Seminar Room 3, 160 Robinson Road, Singapore 068914
Breakfast will be provided.