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OfficesBenefits of company registration in Myanmar include the following: Types of company formation in Myanmar include the following: Documents required for company formation in Myanmar include the following: Some of the top businesses for foreign entrepreneurs for company registration in Myanmar include the following: Let our consultants at Enterslice guide you in exploring Myanmar company registration merits. Global entrepreneurs looking to establish their presence in ASEAN should consider company formation in Myanmar. As a member state of ASEAN, Myanmar's GDP figures look promising - as it is expected to touch the mark of $200 Billion by 2030. If you are an investor, we can help you capitalize on this opportunity to launch your venture in one of the emerging business hubs in Asia! Company formation in Myanmar facilitates businesses to leverage its strategic location between India, China and Southeast Asia to capture the huge consumer market in the region. Myanmar offers access to its 50 million market along with its natural resources, giving businesses a chance to explore its wealth to boost profitability and achieve long-term sustainable growth. Let Enterslice experts enlighten you with the tools and resources needed for company registration in Myanmar. 100% Foreign Ownership Low Operational Costs 44% of the Consumers are Tech-savvy 50% Income Tax Relief for Exempted Zone Businesses Business-friendly Policies Tax Incentives for R&D and Innovation Strategic Location Advantage Access to ASEAN Markets Abundant Natural Resources Various types of company structures are available for company incorporation in Myanmar, allowing global entrepreneurs to meet their business needs. The right structure helps adhere to legal compliance and boosts operational efficiency. Different types of Company formation in Myanmar include the following: A private company limited by shares is a type of Myanmar company registration. While it does not allow the free transfer of shares, it safeguards the liability of shareholders by restricting it to their shareholding. This structure is preferred by startups and small businesses seeking entry into Myanmar owing to limited liability and operational privacy features. Another type of company registration in Myanmar is a public company limited by shares. This company structure facilitates the public trading of shares and is ideal to attract investment prospects. Shareholders enjoy limited liability protection for the amount invested, and is suitable for large businesses planning to enter Myanmar. Global entrepreneurs can register a company in Myanmar as a company limited by guarantee. As the name suggests, this structure requires its members to guarantee a specific amount during dissolution. This structure is preferred by non-profits, and its significant feature is the limited liability of its members. A company limited by shares prioritizes social goals over profit distribution. Another type of company registration in Myanmar is an unlimited company. While an unlimited company offers no liability limitation to its members and is flexible, it poses higher financial risks. It is ideal for entrepreneurs who prefer flexibility over limited liability. It is one of the significant types of business structures for company registration in Myanmar. A business association is another type of company incorporation in Myanmar that describes a collective group of companies working together to achieve a common goal or interest. This type of company structure strives to promote the actions of its members, advocates for specific policies and boosts sector-specific coordination. Company formation in Myanmar Public Company Limited by Shares under the Special Company Act 1950 is a structure where businesses share formal ties or partnerships with the government. Such companies benefit from special provisions and are pivotal in facilitating public-private collaborations. These companies strive for a balance between public service purposes and shareholder interests. Company incorporation in Myanmar as a private company limited by shares under the Special Company Act 1950 is a type of structure in Myanmar that leverages special rights and blends private ownership with regulatory benefits. These companies are formed to deliver public interest projects with limited liability for shareholders. An overseas corporation is another type of company incorporation in Myanmar that facilitates the entry of global businesses in Myanmar by allowing them to launch their presence. This company structure encourages global businesses to seize the opportunity to operate in Myanmar by adhering to its regulatory framework, helping them achieve global expansion. The procedure for company registration in Myanmar is a step-by-step process, which includes compliance with local regulations. Entrepreneurs must follow the given steps to register a company in Myanmar: The first step for online company registration Myanmar includes choosing a business structure that aligns with company's goals and objectives within the regulatory and legal framework of Myanmar. The next step to register company in Myanmar involves submitting a unique company name and obtaining approval from the Directorate of Investment and Company Administration (DICA). The next step for DICA company registration Myanmar involves submitting the required incorporation documents, such as Articles of Association (AoA), and shareholder details. The next step for Myanmar company online registration is to submit the incorporation application and documents to DICA for official company registration. Once approved, a Certificate of Incorporation is issued. Once the Certification of Incorporation is issued, businesses must apply for industry-specific licenses and permits to operate legally and within the compliance framework of Myanmar. Company registration in Myanmar involves various steps, each taking a defined period of time. Overall, it takes 3 to 4 weeks to complete, and the timeline for each step is given below: Selecting an appropriate business structure and reserving the name with the Directorate of Investment and Company Administration (DICA) take 1 working day. Collecting the required incorporation documents for submission with the DICA, including Articles of Association (AoA) ID proofs takes 2 to 3 working days. Submitting the incorporation application along with the required documents to the DICA for review, verification by government authorities, and compliance verification with local regulations takes 5 to 7 working days. Once the documents are verified and DICA approves, it takes up to 1 week to issue the Certificate of Incorporation, granting the business legal validity to commence operations in Myanmar. Once the Certification of Incorporation is obtained, businesses are required to apply for industry-specific licenses and permits, which can take up to 1 week to obtain. Company registration in Myanmar mandates the submission of various documents as a part of the overall incorporation process. It is also important to submit the documents to facilitate compliance with DICA and local regulations. List of key documents for online company registration Myanmar: Company Constitution Details of Shareholders and Directors Proof of Registered Office Address Detailed Business Plan Company Name Reservation Approval Declaration of Registration - Form 1 Certificate of Translation Articles of Association (AoA) Director Details - Form 26 Capital Investment Declaration Declaration of Legal Version Work Permits or Business Visas (if applicable) Company incorporation in Myanmar requires entrepreneurs to adhere to government regulations to ensure hassle-free and legal operations. One of the most significant requirements is to acquire necessary work permits, which depend on the visa type. The Single-Entry Business Visa, which costs $50, permits a 70-day stay that can be extended further. On the other hand, single-entry visa holders are entitled to the Multiple Entry Business Visa, which offers stays of 3 months for $200, 6 months for $400, and 1 year for $600. It also grants the right of re-entry. An Employment Visa is available for business employees, and it costs $50 for a 70-day stay period, which is further extendable in accordance with the government rules. 120+ Local Partners in Myanmar Knowledge of Myanmar Laws 98% Client Retention Rate Round-the-clock Support Company registration in Myanmar is a gateway to growth. Myanmar offers several benefits to global entrepreneurs who want to leverage its strategic location and access to emerging markets to establish their presence and access various emerging markets. Key benefits of Myanmar company online registration include the following: One of the most significant company online registration in Myanmar is its strategic location. Myanmar serves as a gateway to India, China, and Southeast Asia, facilitating access to a huge consumer market in the region. It grants entrepreneurs access to major trade routes and emerging markets, promoting regional and global business growth prospects. Company online registration in Myanmar is an excellent idea for global entrepreneurs as Myanmar's GDP is expected to hit $65.01 billion in 2025. A positive outlook on its economy is a reflection of its economic growth, expansion and diversification. These factors are pivotal in offering a business-friendly ecosystem to invite foreign investment. Global entrepreneurs seeking DICA company registration in Myanmar must know that the country is rich in natural resources, including oil, timber, and minerals, which offer high-return business opportunities. Besides, industries like energy, agriculture, and manufacturing are also thriving and promise high-profit yields. Foreign businesses seeking online company registration in Myanmar can leverage government incentives, such as pro-business policies, investment stimuli, and regulatory reforms, to achieve long-term sustainable growth there. Global entrepreneurs who register company in Myanmar can benefit from affordable labour costs to attain profitability. Operational costs in the country are low, including real estate, and resource costs, which in turn, ensure cost-effective operations. Reduced operational costs help businesses maintain competitive pricing and boost profitability. Businesses seeking DICA registration Myanmar can leverage various opportunities across different sectors and industries, including energy, tourism, infrastructure, and manufacturing, to meet consumer demand and drive long-term business growth. It is one of the substantial merits of company registration in Myanmar. Entrepreneurs can check Myanmar companies online registry to learn about favourable tax policies for company registration in Myanmar. The government is committed to inviting foreign investment and offers several tax benefits under its Foreign Investment Law. The exemptions and incentives help businesses reduce tax burdens and improve their financial efficiency and health. Global businesses can explore the ASEAN market through Myanmar company online registration. As an ASEAN member state, Myanmar offers businesses access to a 650-million-strong consumer market. Besides, preferential trade agreements and regional connectivity open floodgates to broader business prospects. Have a look at the prerequisites for company registration in Myanmar- Top 10 industries and businesses for foreign entrepreneurs for company incorporation in Myanmar, yielding high returns, include the following: Top 10 Industries for Company Registration in Myanmar Top 10 Businesses for Company Formation in Myanmar Have a look at the post registration compliance requirements for company formation in Myanmar- Enterslice has won the trust of global entrepreneurs with business setup across 50+ countries all over the world. Our consultants have an understanding of the local laws and regulations, making it easy to register a company in Myanmar. Given below are the reasons that make entrepreneurs rely on us for their Myanmar company registration- DICA, known as the Directorate of Investment and Company Administration, is a government agency in Myanmar that is responsible for company registration in Myanmar. DICA manages the Myanmar Companies Online Registry (MyCO), which is pivotal for business regulation and growth of the private sector. Business registration in Myanmar facilitates global entrepreneurs to leverage various benefits, including access to ASEAN markets, low operational costs, tax incentives and exemptions, a thriving economy, plentiful natural resources, and pro-government investment policies. Myanmar, also known as Burma, is proud of its linguistic diversity. Over 100+ languages are spoken there, with Burmese being the official language, which is proudly spoken by two-thirds of the population. However, entrepreneurs who register a company in Myanmar can leverage English, as it is widely used in urban areas and spoken by professionals. Other prominent ethnic languages spoken there include Karen, Shan, Mon, Chin, and Rakhine. The cost of starting a business in Myanmar depends on various factors, including the type of company structure chosen, registration fees, professional fees of the consultant, visa costs and other permission and license fees. Generally, the fees for company registration in Myanmar starts from $1099. Yes, foreigners can own a business through company incorporation in Myanmar. The government allows full foreign ownership, making Myanmar one of the emerging business destinations in the region. Myanmar company registration allows entrepreneurs to explore its rich natural resources and establish their presence to earn profits and achieve long-term sustainable growth. You can consider the following cities for company registration in Myanmar owing to a robust infrastructure, connectivity, and business prospects: Myanmar is a beautiful country with bountiful natural resources. Company registration in Myanmar allows entrepreneurs the opportunity to explore its tranquil and scenic locales. Some of the top most prominent places of interests in Myanmar include the following: Various sectors in Myanmar have witnessed unprecedented growth in the last few years. However, the energy sector is one of the fastest growing sectors, offering huge growth potential for global entrepreneurs with company registration in Myanmar. Renewable energy and oil & gas are in high demand and offer excellent investment prospects. MyCO is established by DICA and serves as Myanmar companies online registry under the Myanmar Companies Law (2017). It maintains digital records of all company registration in Myanmar, making the information accessible to public 24x7. Businesses registered in Myanmar are mandated to file company registration form in Myanmar. However, the form depends on the type of company structure chosen. However, most businesses use Form A for company incorporation in Myanmar as per the Myanmar Companies Law (2017). -- Testimonials “Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.” “Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.” “Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.” “I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.” “I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.” “Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.” “They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.” “I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.” “I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.” “Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.” Haiden Group - UAE Stay updated with all the latest legal updates.Company Registration in Myanmar – An Overview
Aspect
Details
Cost of Starting a Business in Myanmar
The cost of starting a business in Myanmar start from $1099
Timeline
The company formation in Myanmar usually takes between 2 to 4 Weeks
Benefits
Types
Documents
Top Businesses for Foreign Entrepreneurs
How can we help you?
Make Myanmar Company Registration a Reality with Enterslice
Understanding Company Formation in Myanmar
Business Structures for Company Incorporation in Myanmar
Private Company Limited by Shares
Public Company Limited by Shares
Company Limited by Guarantee
Unlimited Company
Business Association
Public Company Limited by Shares under the Special Company Act 1950
Private Company Limited by Shares under the Special Company Act 1950
Overseas Corporation
How to Register a Company in Myanmar?
Choose Business Structure
Company Name Reservation
Prepare Required Documents
Register with DICA
Obtain Additional Licenses and Permits
Timeline for Company Registration in Myanmar
Choosing Business Structure & Name Reservation - 1 Working Day
Document Preparation – 2 to 3 Working Days
Application Submission to DICA - 5 to 7 Working Days
Company Registration Approval - Up to 1 Week
Obtaining Licenses & Permits – Up to 1 Week
Documents Required for Company Registration in Myanmar
Requirements for Company Incorporation in Myanmar
What are the Benefits of Company Registration in Myanmar?
Strategic Location
Growing Economy
Abundant Natural Resources
Government Support
Low Operational Costs
Investment Opportunities
Favourable Tax Policies
Access to ASEAN Market
Prerequisites for Company Registration in Myanmar
Industries & Businesses for Company Incorporation in Myanmar
Post Setup Compliance for Company Formation in Myanmar
Why Pick Enterslice for Company Myanmar Company Registration?
FAQs on Company Registration in Myanmar
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