New Companies Law postponed until August 2018

20.12.17 Newsletter

Officials from the Directorate of Investment and Company Administration (DICA) said that authorities may not be ready to implement and enforce the new rules until August 2018.
After passing parliament last month, the bill got signed by President U Htin Kyaw on 6 December 2017. Foreign investors will be able to take stakes of up to 35% in local companies, including companies listed on the Yangon Stock Exchange (YSX). Kindly note that we are organizing a briefing event on the new companies law for January 2018.

More Information