Tag: Myanmar Companies Law

DICA deletes 800 companies

DICA has proven it is ready to enforce the government’s corporate reform initiative by deleting around 800 companies from its registry this year, according to data collected by the Myanmar Times. The companies have been slashed after they faile

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World Bank report praises Myanmar progress

The World Bank’s Doing Business 2020 report ranked Myanmar among the top 20 most-improved business environments. The report evaluates countries based on how easy it is to do business in them. It looks at factors such as access to credit, taxation,

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New Myanmar Companies Law Now in Force

The new Myanmar Companies Law 2017 (Pyidaungsu Hluttaw Law No.29) (“MCL”) passed on 6 December 2017, and implemented on 1 August 2018, replaces the century old Myanmar Company Act 1914 (“MCA”). The MCL modernizes Myanmar’s corporate framewo

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