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.
Accountant-authored. Written and published by Mr Moe Lwin Tun, an accountant approved on OpenAccountants. Their licence number (CPA-123456) is published on their profile, so you can check it against the register yourself. No second accountant has attested to this version yet. General reference material, not advice on your specific facts; don't file, pay, or take a position on it without a professional reviewing your situation.
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Every figure is drawn from this 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)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 orderMyanmar 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.
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.
https://mm.linkedin.com/in/mr-moe-lwin-tun-johndoe-john-smith-2b649b428
Contributed by Mr Moe Lwin Tun, CPA-123456.
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