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Setting up joint-venture company under FIL

Most joint-ventures are setup under Foreign Investment Law (FIL) as the local partner normally provides the land, manufacturing or service facilities and local distribution while the foreign partner provides the technology, brand name and the management know how.

The foreign investor must own at least 35% of the shares.

Capital required for manufacturing JV is USD 500,000, for a service JV it is USD 300,000.

We provide the following service for foreign investors that want to enter the Myanmar market via joint venture: