INTIEAMyanmar · Investment Law 2016PolicyIn force

Investment Law 2016

The 2016 investment law of Myanmar subjects the following investments to screening and authorisation: Investment businesses that are essential to the Union strategy Large capital intensive investment projects Projects which are likely to cause a large impact on the environment…

Last changed 2 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2016
Last changeJun 27, 2024

Country / jurisdiction: Myanmar · Year: 2016 · Status: In force · Level: National · Type: Voluntary

The 2016 investment law of Myanmar subjects the following investments to screening and authorisation:

Investment businesses that are essential to the Union strategy

Large capital intensive investment projects

Projects which are likely to cause a large impact on the environment and the local community

Investment businesses which use state-owned land and building

Investment businesses which are designated by the government to require the submission of a proposal to the Commission

The law stipulates that local businesses and SMEs may benefit from special treatment compared to foreign investors, notably investment incentives such as income tax exemption, customs duty exemption for certain import of machinery, equipment, instruments, spare parts, and materials.

Official source: https://www.dica.gov.mm/sites/dica.gov.mm/files/document-files/myanmar_investment_law_official_translation_3-1-2017.pdf

Source

https://www.iea.org/policies/6291

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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