Posted on 09 September 2020
- For the appointment of foreign experts from companies with permit or endorsement of MIC and State/Region Investment Committees, MIC scrutinizes Form-12 and approves in accordance with section 51 of the Myanmar Investment Law and Myanmar Investment Rule 206.
- Myanmar Investment Rule 206 prescribed that if the investors desire to appoint foreigners as senior manager, technical and operational expert or adviser according to section 51 (a) of the Law, the investors shall submit application attached with expertise evidence or degree certificate and profile to the Commission Office for approval. However, companies submit only its director or parent company recommendation as the expertise evidence rather than degree or certificates.
- Hence, MIC would like to announce that MIC shall approve the 6-month appointment of foreigners as senior manager, technical and operational expert or adviser, only for those who can submit the expertise evidences with copy of degree or vocational certificates (original notarized documents for translation) relevant with the nature of business in accordance with the section 51 (a) of Myanmar Investment Law and rule 206, and MIC may reject the applications which do not meet the aforesaid criteria.
Myanmar Investment Commission