What is Dica Myanmar?

How do I register my business with Dica?

Registration of Myanmar Public Companies

  1. Check availability of company name at DICA. …
  2. Obtain company registration forms at DICA (or online) and pay stamp duty. …
  3. Submit signed company registration forms at DICA and pay registration fee. …
  4. Incorporation certificate. …
  5. Prepare for business commencement.

What is MIC permit?

All foreign investors who wish to invest directly in Myanmar are obliged to obtain an MIC permit. … If a foreign investor wants to be eligible for the incentives granted by the Foreign Investment Law (FIL) (2012), an MIC permit is required.

How many companies are there in Myanmar?

Myanmar Number of Registered Companies data was reported at 93,935.000 Unit in 2018. This records an increase from the previous number of 80,936.000 Unit for 2017. Myanmar Number of Registered Companies data is updated yearly, averaging 26,769.000 Unit from Mar 1991 to 2018, with 21 observations.

What Dica good for?

Dica Tablet is a medicine used in the treatment of arthralgia (joint pain). It helps in the formation of soft tissue around the joints leading to joint repair. It also reduces friction in the joints and also relieves pain and inflammation in conditions such as osteoarthritis.

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How can I start my own business in Myanmar?

Once your company in Myanmar is set up, you need to complete the following activities:

  1. Inject 50% of capital into your business.
  2. Submit a list of directors and shareholders.
  3. Get an official company seal.
  4. Register your tax and any employees for social security.

How do you use a microphone?

Apply for a MIC Permit

  1. Stage 1. Collect information from DICA. Seek advice and details from DICA.
  2. Stage 2. Prepare Documents. Purchase Investment Proposal form, then fill in and submit to DICA.
  3. Stage 3. Review by DICA Proposal Assessment Team (PAT) …
  4. Stage 4. Review by Myanmar Investment Commission (MIC) …
  5. Stage 5. Obtaining results.

How do I buy stock in Myanmar?

Investor needs to visit preferable securities company and submit the application form to open securities trading account. A Securities Company will issue the Recommendation Letter on next business day, which enable applicant to open special bank accounts for securities trading in Myanmar.

How many public companies are there in Myanmar?

While there are currently more than 260 public companies registered under the Myanmar Companies Law, only six public companies are listed on the YSX.

How do I open a bank account in Myanmar?

Supporting documents to open corporate account are as follow:

  1. Company Registration.
  2. Meeting minutes.
  3. Memorandum & Articles of Association (MAA)
  4. Form 6 – Return of Allotments (The Myanmar Companies Act)
  5. Form 26 – Particulars of Directors, Managers and Managing Agents and Of any changes therein.
  6. Form E – list of shareholders.
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