On 20 August 2025, the Directorate of Investment and Company Administration (DICA) issued an announcement outlining companies’ obligations under Section 141 of the Myanmar Companies Law (“the Law”). Key highlights include:
Registered Office Requirement: Under the Law, every company must maintain a registered office from the date of incorporation to receive official communications and notices. Any change to the registered office address must be reported to the Registrar in accordance with the provisions of the Law.
Verification of Addresses: To ensure the accuracy of registered office information submitted via the Myanmar Companies Online (MyCO) system, companies must, when filing their Annual Return, provide evidence verified by the relevant authorities that both the directors’ residential addresses and the company’s registered office are genuine. Foreign directors are also required to submit Immigration Form C.
Non-Compliance Penalty: DICA has emphasized that failure to comply with the requirements under Section 141 may result in a fine of MMK 400,000, in addition to other enforcement actions.
Compliance Reminder: Companies are encouraged to review their compliance with these requirements to ensure proper registration and avoid potential penalties.
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