Doing Business with Myanmar (Burma)

Exporting to Myanmar involves several steps. Here’s a comprehensive guide:

1. Research Market Requirements

   • Understand Myanmar’s import regulations and standards for your product.

2. Identify Local Partners

   • Establish relationships with local distributors or agents.

3. Prepare Export Documentation

   • Include commercial invoices, packing lists, and certificates of origin.

4. Arrange Logistics and Shipping

   • Choose a reliable shipping company. Ensure accurate completion of shipping documents, such as bills of lading.

5. Customs Declaration

   • Work with a customs broker to facilitate the clearance process.
   • Submit all required documentation to Myanmar Customs.

6. Understand Duties and Taxes

   • Familiarize yourself with any applicable import duties and taxes in Myanmar.

7. Distribution and Sales

   • Establish distribution channels within Myanmar.
   • Consider partnerships with local businesses for effective market penetration.

Key Contacts

• Myanmar Customs Department
  • Website: Myanmar Customs
• Ministry of Commerce
  • Website: Ministry of Commerce

Importing goods into Myanmar involves several steps. Here’s a comprehensive guide:

1. Register as an Importer

   • Ensure your business is registered with the Directorate of Investment and Company Administration (DICA).

2. Obtain Import License

   • Apply for an import license through the Ministry of Commerce.

3. Classify Your Goods

   • Determine the correct Harmonized System (HS) code for your products to identify applicable duties and taxes.

4. Arrange Shipping and Logistics

   • Choose a reliable freight forwarder.
   • Ensure all shipping documents are in order, including the bill of lading and commercial invoice.

5. Customs Declaration

   • Work with a customs broker to submit all required documentation to Myanmar Customs.

6. Pay Duties and Taxes

   • Calculate and pay applicable import duties and taxes through the customs system.

7. Receive Your Goods

   • Arrange for the transportation of goods from the port to your warehouse or distribution center.

Key Contacts

• Myanmar Customs Department
  • Website: Myanmar Customs
• Ministry of Commerce
  • Website: Ministry of Commerce

Incorporating a company in Myanmar involves several steps. Here’s a comprehensive guide:

1. Choose a Business Structure

   • Decide on the legal structure, such as a Limited Liability Company (LLC).

2. Reserve a Company Name

   • Check for name availability and reserve it with the Directorate of Investment and Company Administration (DICA).

3. Prepare Required Documents

   • Draft the company’s Memorandum and Articles of Association.

4. Submit Application to DICA

   • File your application with the necessary documentation to DICA.

5. Obtain a Certificate of Incorporation

   • Once approved, receive your Certificate of Incorporation.

6. Register for Tax Identification Number (TIN)

   • Register with the Internal Revenue Department for your TIN.

7. Register with Social Security

   • Enroll employees in the Social Security Board (SSB).

8. Obtain Necessary Licenses

   • Apply for any industry-specific licenses required for your business operations.

Costs

• Registration Fees: Vary depending on the business type and structure.
• Legal Fees: Vary based on the assistance required.

Key Contacts

• Directorate of Investment and Company Administration (DICA)
  • Website: DICA
• Internal Revenue Department
  • Website: Internal Revenue Department

Setting up a manufacturing plant in Myanmar involves several steps. Here’s a comprehensive guide:

1. Conduct Market Research

   • Analyze demand, competition, and location advantages in Myanmar.

2. Choose a Suitable Location

   • Consider available infrastructure, proximity to resources, and zoning regulations.

3. Incorporate Your Company

   • Register your business with the Directorate of Investment and Company Administration (DICA).

4. Obtain Necessary Permits and Licenses

   • Apply for construction permits and environmental clearances from relevant authorities.

5. Secure Financing

   • Explore options through banks or investment partners.

6. Design and Construct the Facility

   • Hire architects and contractors for design and construction.
   • Ensure compliance with local building codes and safety regulations.

7. Install Equipment and Machinery

   • Purchase and set up machinery necessary for production.
   • Ensure safety and operational standards are met.

8. Hire and Train Workforce

   • Recruit skilled labor and provide necessary training.

9. Set Up Supply Chain and Distribution

   • Establish relationships with suppliers and distributors.

10. Begin Operations

    • Start production and monitor operations for efficiency and quality control.

Key Contacts

• Directorate of Investment and Company Administration (DICA)
  • Website: DICA
• Ministry of Industry
  • Website: Ministry of Industry

Registering a trademark in Myanmar involves several steps. Here’s a comprehensive guide:

1. Conduct a Trademark Search

   • Ensure your trademark is unique by searching the existing trademark database.

2. Prepare Your Application

   • Include the trademark design, classification of goods/services, and applicant details.

3. Submit the Application

   • File your application with the Myanmar Department of Intellectual Property.

4. Pay the Application Fee

   • Fees vary based on the number of classes; check with the department for current rates.

5. Examination Process

   • The application is examined for compliance and potential conflicts.

6. Publication and Opposition

   • If approved, the trademark is published for opposition. A period is given for third parties to oppose.

7. Registration and Certification

   • If no oppositions arise, the trademark is registered, and you receive a Certificate of Registration.

8. Maintain and Renew the Trademark

   • Trademarks need periodic renewal to maintain protection.

Related Costs

• Application Fees: Dependent on the number of classes and type of trademark.

Resolving commercial disputes in Myanmar involves several steps. Here’s a guide on the process:

1. Attempt Negotiation

   • Start by negotiating directly with the other party to reach an amicable solution.

2. Mediation

   • Engage a mediator to facilitate discussions. This process is less formal and can save time and costs.

3. Arbitration

   • Consider arbitration for a private and binding resolution. Both parties must agree to this method.

4. Seek Legal Advice

   • Consult with a lawyer specializing in commercial law for guidance on your case.

5. File a Lawsuit

   • If other methods fail, file a lawsuit in the appropriate Myanmar court. Prepare necessary documentation and evidence.

6. Court Proceedings

   • Attend hearings and present your case. Follow legal procedures as guided by your lawyer.

7. Judgment and Enforcement

   • If a judgment is made, ensure its enforcement through legal channels.

Related Costs

• Mediation and Arbitration Fees: Vary depending on the service provider.
• Court Filing Fees: Depend on the jurisdiction and case type; consult local courts.
• Legal Fees: Vary based on the lawyer and complexity of the case.

Key Contacts

• Union Supreme Court of Myanmar
  • Website: Union Supreme Court
• Myanmar Bar Council
  • Website: Myanmar Bar Council

When considering doing business in Myanmar, various social, cultural, political, and economic factors must be taken into account.

Social and Cultural Factors

• Language: Burmese is the official language, with several ethnic languages spoken.
• Business Etiquette: Building personal relationships and trust is crucial. Respect for hierarchy is important.

Political Factors

• Government Structure: Military-led government that influences business regulations.
• Regulations: Ongoing reforms to improve the business climate, though challenges remain.

Economic Factors

• Economic Stability: Emerging market with opportunities in sectors like energy, agriculture, and manufacturing.
• Infrastructure: Developing infrastructure, with ongoing improvements in transport and energy.

Foreign Exchange

• Currency: Myanmar Kyat (MMK) is used.
• Exchange Rate: Businesses should monitor exchange rates for financial planning due to currency volatility.

Rule of Law

• Legal Framework: Based on civil law, with ongoing efforts to improve transparency and efficiency.
• Judiciary: Independent, but navigating the system requires local expertise.

Business Environment

• Workforce: Young and developing workforce, with initiatives to improve skills.
• Taxation: Competitive tax rates aimed at attracting foreign investment, but compliance can be complex.

Key Resources

• Myanmar Investment Commission (MIC)
  • Website: MIC
• Ministry of Planning and Finance
  • Website: Ministry of Planning and Finance