Registration of Myanmar Public Companies

Step 1

Check availability of company name at DICA

1

Submit signed name check form to DICA

2

Submit director identification documents (for each director) to DICA

Requirements:

1. Name check form (bought from DICA or downloaded from DICA website)

2. Copy of national registration card

NECESSARY PAYMENTS:

1,000 kyats

Step 2

Obtain company registration forms at DICA (or online) and pay stamp duty

3

Obtain company registration forms from DICA or through the DICA website

4

Pay stamp duty at One Stop Service (OSS) or Internal Revenue Department

Requirements:

1. Application cover letter
2. Declaration of registration (Form 1)
3. Situation of registered office form
4. Statement of company objectives
5. Directors’ details (Form 26)
6. Directors’ contact details form
7. Memorandum of Association
8. Articles of Association

NECESSARY PAYMENTS:

5,100 kyats

Step 3

Submit signed company registration forms at DICA and pay registration fee

5

Submit completed and signed company registration forms to DICA

6

Pay company registration fee at OSS

Requirements:

1. Application cover letter
2. Declaration of registration (Form 1)
3. Situation of registered office form
4. Statement of company objectives
5. Directors’ details (Form 26)
6. Directors’ contact details form
7. Memorandum of Association
8. Articles of Association

1. Payment acceptance letter from OSS

NECESSARY PAYMENTS:

2,500,000 kyats

Step 4

Incorporation certificate

7

Obtain company incorporation certificate from DICA

Requirements:

1. Company incorporation certificate issued by DICA

Step 5

Prepare for business commencement

8

Confirm registered office address (within one month of registration)

9

Publish newspaper advertisements

10

Prepare company prospectus and submit to SECM for approval

11

Open bank account

12

Prepare documents for initial share issue

Requirements:

To open bank account:

1. Form 6 and Form 26
2. Board of Directors' resolution

To prepare documents for initial share issue:

1. Letter from DICA requesting confirmation of registered office address
2. Submit confirmation from township office

NECESSARY PAYMENTS:

Minimum deposit of 50,000,000 kyats

1.Forms 6 and 26
2.Board of Directors’ resolution

Step 6

Submit documents for Business Commencement Certificate

13

Submit completed and signed business commencement documents (and SECM approval letter) to DICA

Requirements:

1. Application cover letter
2. Application form (Form 1)
3. Certified declaration for commencement of business
4. Consent to act form (signed by all directors) (Form 2)
5. Directors’ agreement to buy share qualification (Form 25)
6. Company brochure
7. Copy of newspaper advertisements
8. Bank account statement (minimum deposit)
9. Forms 6 and 26 (for initial share issue) with Board of Directors’ resolution (for initial share issue)

Step 7

Business Commencement Certificate

14

Obtain business commencement certificate from DICA

Requirements:

1. Business commencement certificate issued by DICA

Registration of Myanmar Public Companies