MLE provides services related to registration of land at the relevant office of the registrar of deeds and/or at the land record department in the relevant respective region.
We also assist on identification of ownership of the land/buildings at the relevant municipal offices and land record department for obtaining the appropriate title documents.
Although Myanmar has not yet enacted an up to date Trade Mark law, there is a well-established practice of registering trademarks and logos at the office of the registrar of deeds in Yangon and Mandalay under the Registration Act 1908. MLE arranges for such registration as well as publication of cautionary notices in local newspapers.
MLE provides tax advisory services, helps conduct and their exposure with certain fees. DTA impacts with some neighboring countries are getting much attention to both parties and we are in a position to play critical role between the regulatory authorities and the clients to enjoy the benefits of the (DTA) agreement.
We are also able to assist on tax filling of individual, corporate and commercial income taxes to ensure that the client is consistently complying with the applicable Myanmar tax related laws.
The Myanmar legal system is rooted in a common law regime that was set in place during the British era to which civil law concepts, in particular on property related matters, have been added. MLE provides both advisory to sector-wise foreign direct investors which are guided under the prevailing laws and regulations as well as assist on providing legal opinion.
Our advice will not only include the letter of the law but will provide on ground practical experiences on the process of obtaining licenses, certificates and other necessary permission from the regulatory authorities. As such MLE lawyers have experience on applying MIC permits, and additional business license from the relevant Ministry concerned.
Regarding corporate matters, our prepares and submits company registration application packages to the regulatory bodies in particular the Directorate of Investment and Company Administration (DICA) and ensures receipt by clients of the business license and required certificates.
We also assist on registration of Share Transfer certificates and ensure that such instrument is duly affixed with the provided Stamp duty.
We also provide written advice on possible setups of businesses in line with the clients' needs and business intentions. For foreign companies it is generally possible to setup as a manufacturing and services business, in particular under the Myanmar Foreign Investment Law. Trading activities have been suspended for foreign parties since 2003 and may be resumed in the future depending on the government economic policy.
The team can assist foreign or local to party conduct due diligence work with on ground inspection. As such we review documents provided by a target company regarding its incorporation, compliance with prevailing regulations, the filing of proper tax returns, d etc.
Our finding will be provided in a comprehensive due diligence report.