Myanmar's New Foreign Investment Law Overview

1. Preliminary ODFDL LEGAL & TAX Myanmar's New Foreign Investment Law ("FIL") was passed on November 2, 2012 The FIL is optional, except in certain sectors (as described below) FI under FIL Special benefits (long term lease, tax holiday, etc.) Bring in capital higher; burdensome application Fl under the Myanmar Companies Act No special benefits Bring in capital lower; Less formation documentation This presentation will focus on the Foreign Investment under the new FIL regime 22 22

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