19 June 2018
MYANMAR: FDI Projects Obliged to File Performance Report for Each Financial Year
Annual performance reports must be filed within three months of the end of the financial year for all the country’s FDI-backed projects, according to a new directive from the Myanmar Investment Commission (MIC). The report needs to be submitted to the MIC (or one of its regional offices), while a summary of the report should also be posted on the appropriate investor/project website within three days of the initial submission, with a publicly-accessible link registered with the Commission. Should no project-specific website be available, the summary should be supplied to the MIC, which will then feature it on its own website.
All such reports should be prepared using the downloadable Form 11.