APPLY FOR A MIC PERMIT

While most projects no longer require Myanmar Investment Commission (MIC) approval, those meeting certain criteria will continue to need to do so.

Project proposals continuing to require a MIC permit include businesses which are: strategic to the Union, have large capital investments, have a large potential impact on the environment and local community, involve state-owned land, or are designated by the government as needing a permit.

The following procedure is valid for most kinds of investment applications. The process might vary slightly, depending on the type of investment.

STAGE 1

COLLECT INFORMATION FROM DICA

Seek advice and details from DICA

STAGE 2

PREPARE DOCUMENTS

Purchase Investment Proposal form, then fill in and submit to DICA

STAGE 3

SCREENING OF INVESTMENT APPLICATIONS

Attend the Proposal Scrutiny Committee meeting and give a detailed presentation on the project and the questions scrutinized by the Proposal Scrutiny Committee. Obtain the approval of the proposal scrutiny committee and amend if necessary.

STAGE 4

MIC DECISION MAKING

Environmental management; Project or environmental assessment; Coordinating and implementing social and environmental assessments. Attending Myanmar Investment Commission meeting and presenting investment proposal. Obtaining or denying permission from Myanmar Investment Commission.

STAGE 5

ISSUANCE OF PERMIT

Permission can be issued if the Myanmar Investment Commission accepts the proposal.

Myanmar Investment Application Guide Book

To learn more about the process of applying for a MIC Permit, please click here.