Charltons advises on the legal aspects of investing in Myanmar. The laws and procedures regulating investing in Myanmar were overhauled with the introduction of the 2012 Foreign Investment Law and the 2013 Investment Rules. The new investment regime has resulted in increased interest and optimism from the global business community.
Doing Business in Myanmar
The economic system in Myanmar remains a challenging business environment, and there are numerous local factors to be considered when pursuing Myanmar business opportunities. These include, among other things, the remittance of currency, applications for government approvals and licenses, rental of commercial space, and the selection of the joint venture partners, which investors need to take into account when evaluating investment opportunities.
Legal Advice for Myanmar Investors
Charltons Myanmar provides advice on all aspects of investing in Myanmar including the submission of investment proposals, liaising with the Directorate of Investment and Company Administration, and applications for a Permit to Trade and Myanmar Investment Commission Permit. Charltons also advises foreign companies on their annual filing obligations, in negotiating commercial leases and the maintenance of offices for doing in Myanmar.