Proposed Foreign-Ownership in Existing Myanmar Local Company

Under the New Companies Law 2017 (Pyidaungsu Hluttaw Law No. 29) which becomes effective 1st August 2018 – a Myanmar company where less than 35% of the share ownership (in terms of voting right) is owned by foreigners with the remaining shares owned by Myanmar citizens are treated as local Myanmar company. So technically the local Myanmar company can own land and is able to apply for an import/export licence i.e. able to operate a trading and distribution business.

If you are a foreigner and you are interested to invest in an Existing Myanmar Company (where all shareholders are Myanmar citizen) under this new law please filled up your contact information below so that we can keep you up-to-date on the implementation of the new law as new information is released by the respective Myanmar government departments.

If you just want to be on our mailing list for update about this new law – just filled up “Your Contact Details” section at the end of this page.

If you want to setup a new Service Company immediately regardless of this new law please filled up the online form at https://consult-myanmar.com/myanmar-company-registration/

Please provide the existing name of the local Myanmar Company where all the existing shareholders are Burmese citizens

Your Contact Details