Myanmar Investment Commission (MIC) cuts 50 percent service charges for both local and foreign companies in submitting applications

Myanmar Investment Commission announced 50 percent service charges cut for both local and foreign companies when submitting applications in an attempt to reduce the cost for them when making investment amid COVID-19 outbreak.

The cut will continue to be effective until the country make further announcement. After that, the commission will adjust the fees.

There are 26 types of applications with fees ranging from K5,000 to K750,000.

(Myanmar Business Today: https://mmbiztoday.com/mic-cuts-service-charges-by-50-percent/ )

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