Investment Permit/ Endorsement

 

Key permit for investment

Investments in Myanmar are subject to obtaining certain approvals and related licenses.  Investment permit/ endorsement under Myanmar Investment Law is one of the key permits especially for foreign companies who are restricted from entering into lease agreement for more than a year without an investment permit/ endorsement.

Unsolicited proposal

We also provide services in assisting with preparation for unsolicited proposal to different government departments for private-public partnerships.

  • Application to Myanmar Investment Commission

This is for investments of US$ 5 million and more or for those falling in the category that requires investment permit.

  • Application to State/ Regional Government

This is for investments below US$  5 million.

  • Unsolicited proposal

Unsolicited proposal has to be started from proposal to relevant government departments to be followed by tender or swiss challenge.

 

  • Consultation for the best strategy 
  • Preparation of  documents (excluding documents to be prepared by separate professionals such as Environmental Impact Assessment, Environmental Management Report, etc.) 
  • Compilation of documents into a proposal as a whole 
  • Facilitation with authorities along the process
  • Income-tax exemption or relief from 3 to 7 years for investment in promoted areas depending on development status of the project area.
  • Exemption or relief from import tax for construction materials or machines/ equipment to be imported during construction period.
  • Myanmar Investment Commissions is the regulator of Myanmar Investment Law under which investment permits/ endorsements are issued.
  • Other relevant licenses such as construction permit, industrial license, environmetal certificate, fire safety certificate, electricity safety certificate, boiler cerficiate, export/import license, labor registration, foreign expatriate visa/stay renewal, etc. are regulated by respective departments.
  • Our experience and expertise in having handled applications across many different industries would be an advantage for investors.
  • Documents and progress will be shared and updated on a customized client portal in interactive mode.
  • Templates and guidelines will be instantly shared with the client on the client portal after accepting our service proposal. 

 

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