Myanmar Sets Fees For Required Online Retail Business Registration

• Published date: 08 January 2024
• Subject Matter: Corporate/Commercial Law, Consumer Protection, Corporate and Company Law, Consumer Law, Product Liability & Safety
• Law Firm: Tilleke & Gibbins
• Author: Ms Aye Thuzar Hlaing and Yuwadee Thean-Ngarm

Myanmar's Ministry of Commerce (MOC) has released updated information regarding the registration fees for online retail businesses. The fees and criteria, which are included in the MOC's Export/Import Newsletter No. 17/2023 dated December 28, 2023, are laid out below.

Registration Fees

The official registration fees vary depending on the applicant type:

• Companies or other commercial organizations: MMK 70,000 (approx. USD 33.5) for registration and renewal; MMK 3,000 (approx USD 1.5) for each amendment.
• Small and medium enterprises (SMEs): MMK 50,000 (approx. USD 24) for registration and renewal; MMK 3,000 (approx. USD 1.5) for each amendment.
• Individual applicants: 30,000 MMK (approx. USD 14.5) for registration and renewal; MMK 3,000 (approx. USD 1.5) for each amendment.

Validity Period

Registrations approved from January 1, 2024...