It’s
been a while, but a new edition of our newsletter is available on our homepage.
The
President’s Office published on its homepage yesterday the names of the new members of the Myanmar Investment Commission
(MIC). The MIC had been disbanded following the establishment of the new
government. Investment proposals could be filed, but no new investments
obtained MIC approval since 25 March 2016. Newspapers report that there is a
backlog of about 100 proposals and it is hoped that this backlog will be worked
off soon.
Please
find the names of the new MIC members inside this edition of our newsletter.
With
effect 1st June 2016, DICA altered its
filing fees. The filing fee for registering a private company was reduced
from Ks. 1,000,000 to Ks. 500,000; other filings have become significantly more
expensive.
We
have, for the benefit of our readers, included an English translation of the
Road Transport Business Law in this newsletter.
To contact the author or subscribe to our newsletter, please visit us on our homepage: www.lincolnmyanmar.com
No comments:
Post a Comment