Myanmar

What are the stand-out issues particular to the practice of corporate law in Myanmar?
The new Foreign Investment Law and the changes that will come about as a result of it are the most important factors right now. In particular, the percentage of foreign ownership and the equity of a Myanmar company will be provided in the rules to the Foreign Investment Law. These rules have not yet been issued.

Are there any key recent or imminent regulatory changes in Myanmar in-house counsel should be aware of?

Myanmar is in a period of rapid legislative change. Practically all laws are subject to modification. In particular, tax, labour and social laws are being changed.

What are the most common types of billing arrangement in Myanmar? How negotiable are fees?
Hourly rates are normally used. These rates vary depending on experience and expertise. Discounts are widely given.

Related Articles by Firm
Practitioners' Tips - Cambodia
Q&A with Rashed Idrees, Partner at DFDL
Related Articles
Related Articles by Jurisdiction
Robin Scott, City Mart
Robin Scott discusses his transition to an in-house role in one of the world’s most exciting frontier economies ...
Tread carefully in post-sanctions Myanmar
On October 7, 2016, the US ended its Myanmar sanctions programme. As a result, interest in investing in Myanmar is back on the rise, and with it the search for local partners....
Latest Articles
IHC Magazine: Dec 2024 issue with Counsel of the Year Awards 2024 and focus on Dispute Resolution
In this issue, we celebrate the IHC Counsel of the Year Awards, featuring insights from winning teams, delve into the future of dispute resolution with insights from in-house counsel, and sit down with Ben Bury, General Counsel of Gammon Construction, ...