27.08.2015

Luther News - Myanmar - August 2015 - DICA Notice

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On 26 August 2015, the Directorate of Investment and Company Administration (“DICA”) published a “Notification for Companies” in the Global New Light of Myanmar.

Directorate of Investment and Company Administration (“DICA”)

On 26 August 2015, the Directorate of Investment and Company Administration (“DICA”) published a “Notification for Companies” in the Global New Light of Myanmar.

On 26 August 2015, the Directorate of Investment and Company Administration (“DICA”) published a “Notification for Companies” in the Global New Light of Myanmar requiring all registered companies to inform DICA until 14 September 2015 on whether they are currently carrying on business:

“All registered companies (including companies with current or expired registration certificates) are advised that each company must inform DICA of whether the company is currently carrying on business by 14 September latest […]. ”

The notification does not prescribe a certain form for such notice, but requires contacting the head office or any branch of DICA by email, fax or post. However, upon enquiry, DICA confirmed the following formal requirements:

  • The company shall send a letter on the company’s letterhead, stating the company’s registered address and whether the company is currently carrying on business;
  • The letter may be signed by any person mentioned in the current Form XXVI (directors, managers and managing agents); and
  • A copy of the current Form XXVI shall be attached.

The notification further states that “appropriate action in accordance with the Myanmar Companies Act 1914” may be taken against companies which do not provide such notice. Even though it is neither clear to which provisions of the Myanmar Companies Act (1914) DICA refers, nor on which legal grounds they require such notice, we strongly recommend to submit notice as required to avoid any adverse consequences. We further recommend submitting such notice in person to ensure receipt, as DICA may not issue any written confirmation.

Contact Details DICA

Yangon Head Office
Address: No. 1 Thitsar Road, Yankin Township, Yangon
Phone: 01 657 891
Fax: 01 658 135
Email: <link>core.gov.mm@gmail.com



Nay Pyi Taw Office
Address: No. 32, Nay Pyi Taw
Phone: 067 406 124, 067 406 166
Fax: 067 406 306
Email: <link>myomin.dec1976@gmail.com



Mandalay Region Office
Address: Between 26th & 27th Street, 84 Street, 3rd Floor, Zay Cho East Wing, Chan Aye Thar Zan Township, Mandalay Region
Phone: 02 866 61, 02 866 62
Fax: 02 866 60
Email: <link>dicamdy.mm@gmail.com



Shan State Office
Address: Compound of the Directorate of Trade Promotion and Consumer Affair, East Circular Road, Yay Aye Kwin Quarter, Taunggyi Township, Shan State
Phone: 081 212 4293
Fax: 081 212 4974
Email: <link>dicatgi18@gmail.com



Mon State Office
Address: No. 401, Strand Road (Extension), Mayangone Quarter, Mawlamyaing Township, Mon State
Phone: 057 232 95
Fax: 057 23385
Email: <link>dica.mawlamyaing1102014@gmail.com

 

Should you require any clarification or assistance in this matter, please do not hesitate to contact us.

Luther Law Firm Limited

<link http: www.luther-lawfirm.com menschen berater alexander-bohusch.html external-link-new-window>Alexander Bohusch
Rechtsanwalt / Attorney-at-law (Germany)
Luther Law Firm Limited
Myanmar
Phone +95 1 230 1609 / +95 1 230 1917
<link mail>alex.bohusch@luther-lawfirm.com