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Practical Tips on Obtaining the New Retail & Wholesale License

Breakfast Briefing @ Office

VDB Loi has assisted on obtaining the last few retail/wholesale licences of the industry of commerce. Our expert team is happy to share their practical experiences with selected clients. How did the process work? Which issues had to be resolved on floor space, capital, instructions and foreign ownership? Join a unique closed session with our team!

HIGHLIGHTS

  • Can the company perform both wholesale and retail at the same time?
  • Are 100% foreign owned companies currently allowed to do trading for all kind of goods?
  • When to bring capital into Myanmar and how much?
  • Does the investor need to re-apply the license if they shift to new location or new stores?
  • What will happen if a company perform retail/wholesale without license?
  • Practical questions on capital, storage, floor space
  • Experiences securing township approvals

Program

TimePractical Tips on Obtaining the New Retail & Wholesale License
8.30am – 9.00amRegistration and coffee
9.00am – 9.20amRetail and Wholesale in Myanmar: regulatory and legal processes
9.20am – 9.50amWhat is necessary to obtain the New Retail and Wholesale License?
– Procedure and required documents to apply.
9.50am – 10.20amWhat does and doesn’t work out? How do you solve it?

Speakers

Edwin Vanderbruggen
Senior Partner
VDB Loi

Edwin is the senior partner of VDB Loi and a leading foreign legal advisor living in Myanmar since 2012. A frequent advisor to the Government on transactions and privatizations in energy, transportation and telecom, he is widely recognized for his “vast knowledge” (Legal 500) and his ability “to get difficult things through the bureaucracy ” (Chambers, 2016). He advises international financial institutions on their largest Myanmar transactions, oil and gas supermajors, a greenfield multi- billion US$ telecom project and the Japanese Government on the Thilawa SEZ. He assisted two newly licensed foreign banks setup in Myanmar, acted for the sponsor of an 800MUS$ urban infrastructure PPP project and worked on 6 out of 7 power deals inked in 2016.

My Le
Director
VDB Loi

My is an experienced tax manager with a degree in Foreign Economics from the Foreign Trade University, Ho Chi Minh City. She has over seven years of experience, and worked with PricewaterhouseCoopers and DFDL in Vietnam before joining VDB Loi. She specializes in investment and tax advisory. My Le has assisted Mitsui&Co, Ooredoo and Pan Asia Towers with their investment licensing applications and with obtaining telecom licenses. Additionally, she has led in breaking through newly emerged and highly challenging permits and licenses for foreign investment in beverage, pharmaceutical and trading industries.

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EVENT DETAILS

DATE:
May 22, 2019
TIME:
08.30am to 10.20am
VENUE:
VDB Loi Office, 10th Floor, Junction City Office Tower, Yangon