Existing companies are able to re-register online without any charges starting from 1 August 2018 when amended Myanmar Company Act comes into effect

According to the amended Myanmar Company Act, all companies must re-register at Directorate of Investment and Company Administration online or at the DICA’s office starting on August 1st. There will be no charge for those re-registering, according to DICA.

Companies will be able to re-register online starting from August 1st when the amended Myanmar Company Act comes into effect and DICA then will establish a system called Myanmar Companies Online (MyCO) where everyone can have access to the information of companies.

“Once online registration comes online, all the companies and enterprises can register free of charge. Their company certificate must be changed to the new one,” U Aung Naing Oo, Director General of DICA, told the press at DICA’s office in Yangon.

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