Unique insight into the new Myanmar investment framework

Myanmar Investment Law developments

The new Myanmar Investment Law 40/2016 brings significant changes to Myanmar's investment framework affecting both Myanmar and foreign investors. The new law creates a level-playing field for investors as it applies to all investments as potential investors no longer need to decide whether they want to invest under Myanmar's investment laws or whether they want to remain outside of the framework. Therefore, it is important to get a good understanding of the key points on how the new law affects your investment.

We were engaged by the International Finance Corporation to assist the Directorate of Investment and Company Administration in drafting the Myanmar Investment Rules which were prepared to implement the Myanmar Investment Law and are familiar with the details on the new law. Our Myanmar Investment Law guide provides a detailed summary of key points in the new law and key changes from the old regime. This section will also provide on-going updates on the development of Myanmar Investment Law.

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Key points for investors to consider

  • The Myanmar Investment Law applies to all investments in Myanmar including Myanmar and foreign investors. Applications are no longer optional once certain criteria are met.
  • All investments will be able to benefit from the protection under the law, even if the investment does not have a MIC Permit.
  • All investors are eligible to apply Tax Incentives, even without a Permit.
  • All foreign investors may apply for a Land Rights Authorisation enabling them to enter into long term leases of up to 50 years with two 10-year extensions, without having to apply for a Permit.  
  • The Myanmar Investment Law introduces new mechanisms to assist investors through a One Stop Service and an Investor Assistance Committee.
  • Every investor is allowed to import any equipment, goods or materials required for implementing the investment.
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Myanmar Investment Law - a guide

A comprehensive guide to the Myanmar Investment Law written by our team of experts.

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