Foreign Company Registration in Myanmar
Why foreign investors plan to
setup business in Myanmar? It’s not the
biggest economically developed countries. GDP is not higher; fdi is not
much higher than many countries of Asia. It’s a prediction that Myanmar will be
developed within near future economically. Entrepreneurs plan to register a
company in Myanmar due to recognition and earning expected amount from
investment capital. Many sectors are remarkable for business in Myanmar like
real estate, restaurant, IT, consultancy, online, cleaning,
Garments, chain shop, glossary, service business, manufacturing, assembling and
many more.
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| Foreign company registration in Myanmar |
Every investor plans to do
business expecting a good return and repatriate the profit to mother country.
Bank account opening as foreigners is not difficult but only registered
business entities are allowed to open account. New company registration in Myanmar
as foreigner is not same like other country and not free from burocracy. Every government tries to increase foreign
direct investment-fdi and attract the foreign entrepreneur to invest. The following services are provided for the
foreign entrepreneurs:
a)
Foreign business registration b) income tax
filing c) accounts and audit service d) virtual office rent e) nominee
directorship f) Repatriate consultancy g) annual return filing h) company
secretarial
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