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
BLP opens in Myanmar
Last week, law firm Berwin Leighton Paisner (BLP) announced it would be opening an office in Myanmar. ...
Myanmar – Microfinance institutions and their obligations under the 2016 notifications
Further clarification is required on the implementation, scope and reach of these Notifications and the extent of their interaction with applicable laws ...
Full steam ahead in the Mekong Region: a look at projects in the pipeline
In this month's edition of ASIAN-MENA COUNSEL, we provide you with a Mekong Region Update. Industry experts from Gide Loyrette Nouel offer up a comprehensive overview on the current status of infrastructure in these largely underdeveloped countries bound ...
Latest Articles