Myanmar gets one-stop investment shop

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Pepsi myanmar
Pepsi billboard at a monastery in Yangon

Investors, both foreign and domestic, can use a one-stop service center in Yangon as of April 10, according to the Myanmar Directorate of Investment and Company Administration.

The agency will provide consultation and advice to investors and help them with company registration and investment proposals, the directorate announced.

The one-stop center is aiming to streamline the investment process and allow potential investors to go through all the required administrative and legal steps at one location, it added. The office is located on Thitsar Road in Yankin township.

Officials from all relevant ministries and departments will be at the center. These will include officials from the Ministry of National Planning and Economic Development, Ministry of Commerce, Ministry of Inland Revenue, the Central Bank of Myanmar, Customs Department, Department of Immigration and National Registration, Ministry of Labour, Employment and Social Security, Ministry of Industry, Directorate of Investment and Company Administration, and the Myanmar Investment Commission.

Some investors in the past have been somehow hesitant to move into Myanmar as the new foreign investment law is not clear to many and leaves a lot of open questions. There are also issues of poor infrastructure, spiraling property prices both for purchase and rent, as well as energy shortages.

 

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Reading Time: 1 minute

Pepsi billboard at a monastery in Yangon

Investors, both foreign and domestic, can use a one-stop service center in Yangon as of April 10, according to the Myanmar Directorate of Investment and Company Administration.

Reading Time: 1 minute

Pepsi myanmar
Pepsi billboard at a monastery in Yangon

Investors, both foreign and domestic, can use a one-stop service center in Yangon as of April 10, according to the Myanmar Directorate of Investment and Company Administration.

The agency will provide consultation and advice to investors and help them with company registration and investment proposals, the directorate announced.

The one-stop center is aiming to streamline the investment process and allow potential investors to go through all the required administrative and legal steps at one location, it added. The office is located on Thitsar Road in Yankin township.

Officials from all relevant ministries and departments will be at the center. These will include officials from the Ministry of National Planning and Economic Development, Ministry of Commerce, Ministry of Inland Revenue, the Central Bank of Myanmar, Customs Department, Department of Immigration and National Registration, Ministry of Labour, Employment and Social Security, Ministry of Industry, Directorate of Investment and Company Administration, and the Myanmar Investment Commission.

Some investors in the past have been somehow hesitant to move into Myanmar as the new foreign investment law is not clear to many and leaves a lot of open questions. There are also issues of poor infrastructure, spiraling property prices both for purchase and rent, as well as energy shortages.

 

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