Myanmar's New Foreign Investment Law Overview

4. Foreign Equity Ratio - Bring in Capital ODFDL LEGAL & TAX Permitted Foreign Equity in FIL company: 100% foreign ownership allowed unless provided otherwise. If JV is needed: Equity ratio between foreign investor and local partner 'upon mutual agreement between the parties' except in restricted sectors No general limitation on foreign investors lower limit Some special limitations, e.g. Saw mills (max. 25% FI), Production of semi-finished wood products (max. 35% FI) Bring in Capital No MIC notification - but generally in practice it is USD50,000 for services. and USD 150,000 for manufacturing. *still under the complete discretion of the MIC* 29 29

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