OpenAccountants/Myanmar/Myanmar Company Formation & Entity Choice

Myanmar Company Formation & Entity Choice

Name: OpenAccountants MCP Server
Author: OpenAccountants

Source-cited draft: company formation & entity choice for Myanmar (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.

Applicable period 2025Attested by another accountant· Reviewed Jun 25, 2026

1 accountant attests

Accountant-reviewed general reference. Reviewedas reference material, not for your specific facts. Don't file, pay, or take a position on it without a professional reviewing your situation.

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Key figures — Myanmar, 2025

Every figure is drawn from this Tax Guide and cited to its source.

Governing company law

Myanmar Companies Law 2017Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Company registry / regulator

Directorate of Investment and Company Administration (DICA), via the online MyCo registration systemMyanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Common entity types

Private company limited by shares; public company limited by shares; branch/overseas corporation; sole proprietorship; partnershipMyanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Foreign company threshold

A company is treated as a foreign company if a foreign person owns more than 35% of its sharesMyanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Minimum shareholders/directors

At least one shareholder and one director; a private company limited by shares requires at least one director ordinarily resident in MyanmarMyanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Minimum share capital

No statutory minimum share capital under the Myanmar Companies Law 2017 (capital set by the company; sector/MIC requirements may apply) ((approx — confirm))Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

Incorporation timeline

Online registration via MyCo is typically completed within a few business days once documents are in order ((approx — confirm))Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/)

First annual return

First annual return must be filed with DICA via MyCo within two months of the date of incorporationMyanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/)

Ongoing annual return

Subsequent annual returns due no later than one month after the anniversary of incorporationMyanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/)

Tax registration

New companies must register with the Internal Revenue Department (IRD) and obtain a Taxpayer Identification Number (TIN)Income Tax Law (Myanmar) (https://taxsummaries.pwc.com/myanmar)

Annual financial statements / audit

Companies must prepare annual financial statements; audited accounts are filed with the annual income tax return to the IRDMyanmar Companies Law 2017 (https://www.lawplusltd.com/2024/04/reports-and-filings-required-for-companies-in-myanmar/)

Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.

The full Guide

Company formation and annual compliance

Companies are incorporated under the Myanmar Companies Law 2017 and registered online through the DICA MyCo system. The private company limited by shares is the most common vehicle, and foreign ownership is permitted subject to sector restrictions.

Governing company law — Myanmar Companies Law 2017 (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Company registry / regulator — Directorate of Investment and Company Administration (DICA), via the online MyCo registration system (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Common entity types — Private company limited by shares; public company limited by shares; branch/overseas corporation; sole proprietorship; partnership (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Foreign company threshold — A company is treated as a foreign company if a foreign person owns more than 35% of its shares % (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Minimum shareholders/directors — At least one shareholder and one director; a private company limited by shares requires at least one director ordinarily resident in Myanmar (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Minimum share capital — No statutory minimum share capital under the Myanmar Companies Law 2017 (capital set by the company; sector/MIC requirements may apply) ((approx — confirm)) (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
Incorporation timeline — Online registration via MyCo is typically completed within a few business days once documents are in order ((approx — confirm)) (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))
First annual return — First annual return must be filed with DICA via MyCo within two months of the date of incorporation (Myanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/))
Ongoing annual return — Subsequent annual returns due no later than one month after the anniversary of incorporation (Myanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/))
Tax registration — New companies must register with the Internal Revenue Department (IRD) and obtain a Taxpayer Identification Number (TIN) (Income Tax Law (Myanmar) (https://taxsummaries.pwc.com/myanmar))
Annual financial statements / audit — Companies must prepare annual financial statements; audited accounts are filed with the annual income tax return to the IRD (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2024/04/reports-and-filings-required-for-companies-in-myanmar/))

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Review status

Accountant-reviewed

Reviewed by a named licensed practitioner against the stated sources, as general reference material.

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Company formation and annual compliance

Governing company law — Myanmar Companies Law 2017 (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Company registry / regulator — Directorate of Investment and Company Administration (DICA), via the online MyCo registration system (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Common entity types — Private company limited by shares; public company limited by shares; branch/overseas corporation; sole proprietorship; partnership (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Foreign company threshold — A company is treated as a foreign company if a foreign person owns more than 35% of its shares % (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Minimum shareholders/directors — At least one shareholder and one director; a private company limited by shares requires at least one director ordinarily resident in Myanmar (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Minimum share capital — No statutory minimum share capital under the Myanmar Companies Law 2017 (capital set by the company; sector/MIC requirements may apply) ((approx — confirm)) (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

Incorporation timeline — Online registration via MyCo is typically completed within a few business days once documents are in order ((approx — confirm)) (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2018/01/myanmar-companies-law-2017/))

First annual return — First annual return must be filed with DICA via MyCo within two months of the date of incorporation (Myanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/))

Ongoing annual return — Subsequent annual returns due no later than one month after the anniversary of incorporation (Myanmar Companies Law 2017 (https://www.vdb-loi.com/mm_publications/new-requirements-for-the-first-annual-return-of-a-newly-incorporated-company/))

Tax registration — New companies must register with the Internal Revenue Department (IRD) and obtain a Taxpayer Identification Number (TIN) (Income Tax Law (Myanmar) (https://taxsummaries.pwc.com/myanmar))

Annual financial statements / audit — Companies must prepare annual financial statements; audited accounts are filed with the annual income tax return to the IRD (Myanmar Companies Law 2017 (https://www.lawplusltd.com/2024/04/reports-and-filings-required-for-companies-in-myanmar/))