Myanmar

Is an office required for registering a wholly owned foreign company in Myanmar?

Yes, a physical office is mandatory for forming a wholly owned foreign company in Myanmar.

How many shareholders are allowed for a private company and for a public company in Myanmar?

For a private company, transfer of shares is restricted, and the number of shareholders may range from a 2 to 50. Public companies must have a minimum of 7 shareholders.

What is the difference between a branch office and a representative office?

The different between a branch office and a representative office is that the former is allowed to invoice and required to fill annual tax returns annually.