On 22nd March 2018, the Directorate of Investment and Company Administration (“DICA”) published its Notice on New Electronic Companies Registration System to set out rules and procedures for online company registration, filings and communications with the Company Registration Office. The objective of the Notice is to support the implementation of the Myanmar Companies Law 2017… Read More
On 20th March 2018, Pyidaungsu Htuttaw passed the Deed Registration Law 2018 (“DRL”) to repeal and replace the Registration Act 1908. The effective date of the DRL will be determined later in a notification to be issued by the Government. The DRL establishes the Registration Office for registration of deeds for movable properties and immovable… Read More
On 5th March 2018, the Myanmar National Minimum Wage Committee increased the rates of the standard minimum wages for employees in Myanmar under the Minimum Wages Law 2013 (1) from MMK450 per hour to MMK600 per hour and (2) from MMK3600 per day (8 hours) to MMK4,800 per day. This is a 33% increase from… Read More
Effective from 15 March 2018, LawPlus Myanmar Ltd. has moved to Unit No. 520, 5th Floor, Hledan Centre Corner of Pyay Road and Hledan Road Kamayut Township, Yangon, Myanmar Our telephone numbers remain +95 92 6111 7006 and +95 92 6098 9752. Please click here for our location map. Please click here for the profile… Read More
The Bankruptcy Act (No. 10) B.E. 2561 (A.D. 2018) was published in the Royal Gazette on 2nd March 2018. It amended the Bankruptcy Act B.E. 2483 (A.D. 1940) effective from 3rd March 2018. The major changes under the Bankruptcy Act No. 10 are listed below. The term “secured creditor” has been changed to include secured… Read More
On 5th March 2018, the Department of Intellectual property of Thailand (“DIP”) fully launched its new e-filing system for registering trademarks, invention patents and design patents and also for recording copyrights. This new e-filing system is the single sign-on system for four main types of intellectual property in one platform. This system will not totally… Read More