Company Registration in Three Days

The authorities will complete the registration procedure of private companies in three days starting this month in a bid to accelerate setting up private businesses in the country, an official announcement said.
Company registration procedures take notoriously long time in Myanmar due to bureaucratic complexities. In May, officials started giving away temporary company registration certificates within a day, however, company owners had to wait about two months to get their hands on the original certificate.
“The program will launch on November 25. Within three days from the date of applying, company forms and other information will be examined and original company registration certificate will be issued,” said U Than Aung, director of Department of Commerce Policy. The authorities will strive to make registration procedure smoother to develop the country’s business sector, an announcement of the Private Sector Development Sub-committee said.