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Myanmar Legal/Regulatory and Investment Newsletter – May 2023

  • Writer: Calibre Corporate Services
    Calibre Corporate Services
  • May 23, 2023
  • 1 min read

Welcome to the May 2023 edition of our newsletter. In this edition:


Legal/regulatory developments

  • DICA reminder on operating licenses

  • Possible new Myanmar government foreign borrowings

  • Customs duty exemptions for solar equipment imports

  • Yangon rooftop solar feed-in tariff scheme

  • SOP for tax compliance on outbound remittances

  • IRD reminder on 2022-23 tax filing deadline

  • Online taxpayer registration

  • AML/CFT regulations for CPAs

  • Increase to bank MMK minimum reserve ratio

  • New Private Education Law

  • Requirements for exporter/importer registration

  • Committee formed to work on new foreign agent/national security law

  • Trade mark re-registration deadlines extended


Investment news

  • Tin mining suspension in Wa State?

  • KIO/KIA area rare earth mine shutdown

  • Further banking cooperation with Yunnan ProvincePossible electricity tender?Delayed opportunity for Indian petroleum supplySittwe Port opening.

  • Sale of Adani Port

  • MEC obtains operating rights for Moehti MoemiKengtung proposed for airport upgrade




 
 
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