Introduction To Doing Business In Myanmar

The following pages outline the legal environment in Myanmar applying to a foreign investor wishing to invest in Myanmar through a locally incorporated limited liability company.¹

For several reasons Myanmar is a place worthy of consideration for investment:

• A population of approximately 45 million (approx. 4.5 million in Yangon)
• Vast and virtually untapped natural resources
• A relatively educated labour force and low wages
• Its strategic location in the region
• Sea and air links within the Asia region and beyond
• As a developing nation Myanmar's goods benefit from the Generalised System of Preferences in trade with most developed nations (ie lower import duties and not subject to quotas)