Myanmar

What are the stand-out issues particular to the practice of corporate law in Myanmar?
The new Foreign Investment Law and the changes that will come about as a result of it are the most important factors right now. In particular, the percentage of foreign ownership and the equity of a Myanmar company will be provided in the rules to the Foreign Investment Law. These rules have not yet been issued.

Are there any key recent or imminent regulatory changes in Myanmar in-house counsel should be aware of?

Myanmar is in a period of rapid legislative change. Practically all laws are subject to modification. In particular, tax, labour and social laws are being changed.

What are the most common types of billing arrangement in Myanmar? How negotiable are fees?
Hourly rates are normally used. These rates vary depending on experience and expertise. Discounts are widely given.

Related Articles by Firm
Practitioners' Tips - Cambodia
Q&A with Rashed Idrees, Partner at DFDL
Related Articles
Related Articles by Jurisdiction
Links between environmental destruction and corruption risk in Southeast Asia
Corporate investigators need only work in corruption and fraud cases in Southeast Asia for a short while before noticing a correlation as clear as it is unsurprising ...
Data Privacy in Myanmar
This article by William Greenlee of DFDL sets out the data protection regulatory framework in Myanmar and its recent developments, and concludes with some reflections on the current significant shifts in global data protection standards ...
Dentons expands into Myanmar
Dentons, already the world's largest law firm, has expanded its Southeast Asia presence with the addition of a new office in Yangon ...
Latest Articles