20 March 2018
MYANMAR: Business Registration Fee Cut by 50% and Set to Go Online
As of 1 April 2018, the fee for the registration of small and medium-sized enterprises (SMEs) in Myanmar will be cut from Kyat 500,000 (US$371) to Kyat 250,000. In an additional move, new companies can be registered online from 1 August this year onwards.
The measures are in line with the country’s new Companies Law, which is also expected to be implemented on 1 August 2018.
For further details, see MYANMAR: Foreign Investors Allowed 35% Stake in Local Businesses Without Prior State Approval.