Yangon, erstwhile Rangoon, is the largest city and the most important commercial centre of Myanmar. It served as the capital of Myanmar from 1948 to 2006. It is located in Lower Burma and has a population of over 7 million. Yangon is Myanmar’s primary centre for trade and handles more than 80% of the nation’s foreign commerce.Apart from housing industrial centres, mainly in the domains of trade, industry, real estate, media, entertainment and tourism, Yangon is a fascinating amalgamation of Burmese, British, Indian and Chinese influence. It is known for its cosmopolitan cuisine and colonial-era architecture.
Yangon is the transportation hub of the country and its commercial and industrial centre. Major exports include rice, teak, petroleum, cotton, and metal ores; there are rice mills, sawmills, oil refineries, and steel, iron, and copper mills.
Benefits of Setting Up a Company in Yangon
Starting a business in Yangon has the following advantages:
- Yangon is well connected with the rest of Asia through air and sea links
- It is an emerging city with abundant natural resources and a young population base to complement any business establishment
We provide the following services for business setup in Yangon:
- Company incorporation and registration
- Accounting and bookkeeping
- Payroll management
- Tax consulting
- Company secretarial services
- Intellectual property (patent, trademark and copyright) protection
Business Setup Worldwide is a platform to help you start your company internationally. From incorporation, registration and licensing to intellectual property protection, we facilitate the formation of your business through counselling and incubation. Yangon has a rich cultural history, and is slated to grow unprecedentedly given the progressive reforms in Myanmar since this decade. Our approach to company formation is centred around your business vision and objectives. We can help you out with the legal and business formalities of company registration in Yangon, complete with the most appropriate corporate and income tax regime setup, to leave no stone unturned in growing your business.