Developing legal framework
Based on historical English and Indian law, the legal framework in Myanmar has been in the process of being reformed and updated, to align it with a modern economy and address the concerns of present-day investors. Impressive progress has been made in developing new legislation such as the Investment Law 2016 and the Companies Act 2017, and it is envisaged that the legal and regulatory structure will continue to evolve for some time to meet growing economic enterprise. Being in a state of transition, some uncertainty necessarily ensues as new legal approaches have to be tried and tested, and the practice of corporate and commercial law in Myanmar remains a dynamic area.
Wide expertise to meet needs
In this changing environment, legal advisers have to constantly keep abreast of developments and be able to present flexible and practical solutions based on sound legal principles and considerations. With experience built on commercial practice in Myanmar and the region, our lawyers have the expertise to advise on every legal aspect of operating and growing a business in Myanmar, from investment and initial establishment through to all corporate and regulatory support. We handle various corporate matters, including reorganisations and restructurings, day-to-day needs such as advising on, negotiating and drafting a wide range of commercial arrangements, corporate governance and regulatory compliance, internal compliance programmes, statutory obligations of company directors and other officers, as well as employment and industrial relations.
Contributing our experience
Our lawyers are regularly consulted by regulators to assist with the drafting or implementation of legislation, including the Investment Law 2016, the Companies Act 2017, and the Competition Rules 2017. Our team has built a strong reputation in the commercial arena as one of Myanmar's leading corporate law firms, and our clients range from Myanmar ventures to international financial entities.