Registration of Branches of Foreign Companies

Registration of Branches of Foreign Companies

Step 1
Prepare application documents for submission to DICA
1
Obtain application documents from DICA or through the DICA website

Requirements: 

1. Application cover letter
2. Declaration of registration (Form 1)
3. Situation of registered office form
4. Declaration of legal version
5. Authorized persons’ details (Form 18)
6. Application form for permit (Form A)
7. Statement of company objectives and
undertaking not to conduct trading activities

Other documents to be provided by applicant
company:
- Directors’ resolution of applicant company
- List of directors of applicant company
- Copy of passport or NRC of authorized
person
- * Memorandum and Articles of Association
of applicant company (in English)
- * Annual report or audited financial
statements of applicant company for
previous two years
- * Appointment letter/power of attor
ney for authorized persons


(*Indicates documents that must be notarized
and certified by the appropriate authorities of
the resident country and by the Embassy of
Myanmar in that country)

 

Necessary Payments:

1,000 kyats

Step 2
Submit signed application documents to DICA
2
Submit completed and signed application documents to DICA

Requirements: 

1. Application cover letter
2. Declaration of registration (Form 1)
3. Situation of registered office form
4. Declaration of legal version
5. Authorized persons’ details (Form 18)
6. Statement of company objectives and undertaking not to conduct trading activities
7. Application form for permit (Form A)
8. Directors’ resolution of applicant company
9. List of directors of applicant company
10. Copy of passport or NRC of authorized person
11.* Memorandum and Articles of Association of applicant company (in English and Myanmar).
12.* Annual report or audited financial statements of applicant company for previous two years.
13.* Appointment letter/power of attorney for authorized persons

Step 3
Pay stamp duty and registration fee
3
Pay stamp duty at One Stop Service (OSS) or Internal Revenue Department
4
Pay registration fee at OSS

Requirements: 

1. Payment acceptance letter issued by OSS

 

Necessary Payments:

500,000 kyats

Step 4
Obtain temporary registration and Permit to Trade
5
Obtain temporary incorporation certificate and temporary permit from DICA (if desired)

Requirements: 

1. Letter regarding permit conditions issued by DICA
2. Conditions letter issued by DICA
3. Temporary incorporation certificate issued by DICA
4. Temporary Permit to Trade issued by DICA

Step 5
Transfer minimum capital and submit other documents
6
Submit evidence of minimum capital transfer and signed conditions letter to DICA

Requirements: 

1. Credit advice confirming transfer of minimum capital required
2. Submit conditions letter signed by company

 

Necessary Payments:
  • US$50,000 minimum capital required for service companies
  • US$150,000 minimum capital required for other foreign companies
Step 6
Permanent incorporation certificate and Permit
7
Obtain permanent incorporation certificate and permanent Permit to Trade from DICA

Requirements: 

1. Incorporation Certificate (Permanent) issued by DICA
2. Permit to Trade (Permanent) issued by DICA