New Regulations under the Foreign Investment Law released

Description: 

On January 31, 2013 the Ministry of National Planning and Economic Development released the new detailed regulations under the 2012 Myanmar Foreign Investment Law. The much awaited regulations are provided under two separate notifications, Notification 1/2013 and Notification 11/2013, spread over a total of 67 pages. No formal translation has yet to be published. The release of the notifications answers the question everybody has asked themselves – will the new regulations provide a higher level of detail than before? The answer is yes – the new notifications do provide significant more details in many areas. Thus, the positive trend continues – where the government is strengthening Myanmar?s position as an attractive jurisdiction for foreign investments.

Source/publisher: 

KPMG

Date of Publication: 

2013-02-04

Date of entry: 

2013-05-16

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

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