29 April 2024

On 26 March 2024, the Myanmar Directorate of Investment and Company Administration issued Notification No. 57/2024 (“Notification No. 57”) which amends Notification No. 84/2019 (“Notification No. 84”).

Notification No. 84 reduced the fees from MMK 250,000 to MMK 150,000 MMK for various incorporation processes including:

  • incorporation of private companies limited by shares;
  • incorporation of companies limited by guarantee;
  • incorporation of unlimited companies;
  • registration of private companies limited by shares under the Special Company Act 1950; and
  • registration as overseas corporations.

Notification No. 57 increases these fees from MMK 150,000 to MMK 300,000 with effect from 1 April 2024.