If you have ever tried to register a company in Myanmar and hit an unexpected snag over the name, you are not alone. The Directorate of Investment and Company Administration (“DICA“) reviews and approves company names in accordance with Sections 25 to 27 of the Myanmar Companies Law 2017, but in practice, businesses have frequently run into unnecessary delays simply because their chosen name did not comply with the law or failed to meet the prescribed requirements.
To address this, DICA has now issued formal guidelines aimed at making the process more transparent and reducing the time burden on businesses. Certain company names, although not expressly prohibited by law, may still be subject to conditional approval or require detailed scrutiny as a matter of policy and DICA’s registrars are now applying a more systematic approach to how they review names.
For further information, please visit DFDL.
