One-stop shop for foreign investors to open in Yangon

Investors, both foreign and domestic, will be able to use a one-stop service center in Yangon as of Wednesday, according to the Directorate of Investment and Company Administration.

The agency will provide consultation and advice to investors, and help them with company registration and investment proposals, said San New at the directorate’s Yangon office.

The one-stop centre will streamline the investment process and allow potential investors to go through all the required administrative and legal steps at one location, she added.

The office is on Thitsar Road in Yankin township.

Officials from all relevant ministries and departments will be at the centre. These will include officials from the Ministry of National Planning and Economic Development, Ministry of Commerce, Ministry of Inland Revenue, the Central Bank of Myanmar, Customs Department, Department of Immigration and National Registration, Ministry of Labour, Employment and Social Security, Ministry of Industry, Directorate of Investment and Company Administration, and the Myanmar Investment Commission.

source: Eleven Myanmar

http://elevenmyanmar.com/business/3088-one-stop-shop-for-foreign-investors-to-open-in-yangon