The Myanmar Investment Commission (MIC) has announced the
opening of the trial period for MIC-permitted or MIC-endorsed
companies to reenter investment data for using the Myanmar
Investment Online (MyInO) system. The trial period is open until
June 30, 2024.
The MyInO system allows for the submission and recordal of
applications for investment under the Myanmar Investment Law. With
the implementation of phase 2 from September 1, 2023, applications
for the appointment or resignation of foreign experts and employees
within MIC-permitted or MIC-endorsed companies can now be submitted
manually or through the Investment Monitoring System available on
MyInO.
To initiate the application process in MyInO, applicants are
required to create an account on the platform. Subsequently,
companies holding an MIC permit or endorsement must reenter all
investment-related data since the obtaining of the relevant
permits/endorsements, in compliance with the announcement.
Following