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28
May
2019
Myanmar Power Barges: Legal and Tax Issues
Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects to feed electricity into the grid as early as 2014 when the government awarded a number of power rental projects to companies such as Aggreko and APR Energy. Highlights of this […]
15
Sep
2017
Corporate M&A Myanmar Update 2017
Tough cuts to tax holidays for expansion and reinvestment in 2017 Investment Rules | Applying for an MIC Permit under Myanmar’s New Investment Rules | The Ministry of Industry continues its recent spree of privatizations with two new tenders | Myanmar dramatically cuts list of 92 activities requiring a local partner down to 22 | First ever transfer of shares from a Myanmar company to a foreigner
15
Sep
2017
The Legal and Regulatory Framework of Foreign Investment in Myanmar’s Power Sector
As Myanmar increasingly liberalizes, decentralizes and opens its power sector to foreign investment, foreign IPPs are faced with a legal and regulatory framework that is in full transition. DOWNLOAD HERE   
4
Jul
2017
Cuts to tax holidays (VDB Loi Insights This Month)
The Myanmar regime of investment-related tax incentives has been updated by the new “Investment Rules”, officially known as Notification 35/2017 (“Rules 2017”). One of the key issues for investors is the tax exemption for expansion of projects that already received an MIC permit under the Foreign Investment Law 2012 (FIL).
30
Jun
2017
MIC lists ten priority sectors for quicker approvals
The Myanmar Investment Commission (MIC) has announced ten priority areas, according to a statement on the Directorate of Investment and Company Administration’s website. Investors submitting proposals in the area will be given priority, with foreign and local investors welcome to invest in the areas, the statement said.. It is not clear from the statement how […]
30
Jun
2017
Tough Cuts to Tax Holidays for Expansion and Reinvestment in 2017 Investment Rules
The Myanmar regime of investment-related tax incentives has been updated by the new “Investment Rules”, officially known as Notification 35/2017 (“Rules 2017”). One of the key issues for investors is the tax exemption for expansion of projects that already received an MIC permit under the Foreign Investment Law 2012 (FIL). 
31
May
2017
Applying for an MIC Permit under Myanmar’s New Investment Rules
A fairly big portion of new investment projects in Myanmar will no longer receive an actual MIC Permit in accordance with the old, often time consuming procedure. Instead, there is the lighter “Endorsement” procedure for those who need land approvals or who qualify for tax incentives.
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