Registration of Foreign Companies

Registration of Foreign Companies

Step 1
Check availability of company name
1
Submit signed name check form to DICA

Requirements: 

1. Name check form (bought from DICA or downloaded from DICA website)

 

Necessary Payments:

1,000 kyats

Step 2
Obtain company registration forms from DICA or through the DICA website
2
Obtain company registration forms from 2 DICA or through the DICA website
3
Pay stamp duty at One Stop Service (OSS) or Internal Revenue Department

Requirements: 

1. Application cover letter
2. Declaration of registration (Form 1)
3. Situation of registered office form
4. Declaration of Legal Version
5. Certificate of Translation
6. Directors’ details (Form 26)
7. Memorandum of Association
8. Articles of Association
9. Application form for permit (Form A)
10. Statement of company objectives and undertaking not to conduct trading activities

Other documents to be provided by applicants:
- Copy of passport of shareholder (if an individual) or
directors’ resolution (if a company) - Copy of passport of foreign directors or copy of the NRC
for local directors.

 

Necessary Payments:

5,100 kyats

Step 3
Submit signed company registration documents to DICA
4
Submit completed and signed forms 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. Certificate of Translation
6. Statement of company objectives and undertaking not to conduct trading
7. Directors details (Form 26)
8. Memorandum of Association
9. Articles of Association
10. Application form for permit (Form A)
11. Copy of passport of shareholder and directors’ resolution
12. Copy of passport of foreign directors or copy of the NRC for local directors

Step 4
Pay registration fee
5
Pay registration fee at OSS

Requirements: 

1. Payment acceptance letter issued by OSS

 

Necessary Payments:

500,000 kyats

Step 5
Obtain temporary registration and Permit to Trade (if desired)
6
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 6
Transfer minimum capital and submit other documents
7
Confirm registered office address (within one month of registration)
8
Submit proof 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 7
Permanent incorporation certificate and permit
9
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