1. INTRODUCTION After more than 100 years, Myanmar will soon enact a new Companies Act. The current one, Companies Act, 1914 (“1914 Act”), is a product of British colonization. In many regards it falls short of the requirements of companies, shares, stakeholders, and authorities in the economy of the 21st century. A draft for a new […]

The New Companies Act in Practice (1): Foreign and Single Shareholders, Resident Directors andCompanies Exempt from Auditors The Myanmar government has finally proposed to change the Companies Act after more than 100 years. The Draft Myanmar Companies Bill 2017 (“Draft”) was tabled at the Union Parliament, Amyothar Hluttaw for discussions on 21 July, 2017 by […]