Public limited company
Public Company Limited by Shares under the Special Company Act 1950Myanmar
What it takes to form, own and run a public limited company in Myanmar, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
Owners' liability
Limited to what the owners put in
Owners
At least 1 · a company may be one
Officialmyco.dica.gov.mmRead 15 Oct 2026
Quote
A company may act as a holding company of another company and incorporate and hold shares in any number of subsidiaries.
Directors
At least 3 · one must live there · individuals only
Officialdica.gov.mmRead 15 Oct 2026
Quote
It requires all companies established in Myanmar to appoint at least one director who is ‘ordinarily resident’ in Myanmar.
Minimum capital
None
Officialdica.gov.mmRead 15 Oct 2026
Quote
There are no minimum capital requirements for the incorporation of company.
Formation fee
MMK 2,500,000
Officialmyco.dica.gov.mmRead 15 Oct 2026
Quote
A-7 | Application for registration as a public company limited by shares under the Special Company Act 1950 K 2,500,000.00
Tax on profit
Flat · 22%
Officialird.gov.mmRead 15 Oct 2026
Quote
ဝင်ငွေမှ ကုန်ကျစရိတ် နုတ်ပယ်ပြီး အသားတင်အမြတ်ငွေအပေါ် ၂၂ % နှုန်းဖြင့် အခွန်ကျသင့်ပါသည်။ ကုမ္ပဏီပိုင် အခြေပစ္စည်းတစ်ခု သို့မဟုတ် တစ်ခုထက်ပို၍ ရောင်းချခြင
Notary needed: NoResident director needed: YesFormed online: Yes
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not required
- A resident director
- Required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 3 · one must live there · individuals only
Quote
It requires all companies established in Myanmar to appoint at least one director who is ‘ordinarily resident’ in Myanmar.
- Shareholders
- At least 1 · a company may be one
Quote
A company may act as a holding company of another company and incorporate and hold shares in any number of subsidiaries.
- Members
- At least 1 · one person may form it alone
Quote
shall be registered under this Law as companies limited by shares, pursuant to this
- A local company secretary
- Not required
Quote
A company may appoint a company secretary and have a common seal.
- A local registered agent
- Not required
Quote
(vii) a registered office address in the Union.
Each year, at the registry
- Annual registry fee
- MMK 50,000
Quote
AR | Annual Return K 50,000.00
- Accounts on the public record
- Yes
Quote
shall be subject to the provisions of the Law applicable to companies limited by shares, including in relation
- Audit for a small company
- Does not apply
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Public Company Limited by Shares under the Special Company Act 1950 are in our records.
What is public
- Directors
- Public
Quote
Any person may inspect the Registers and records kept by the Registrar on payment of
- Shareholders
- Public
Quote
Any person may inspect the Registers and records kept by the Registrar on payment of
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 22%
Net profit taxed at 22% (IRD company tax page, in Burmese); capital gains 10%.
Quote
ဝင်ငွေမှ ကုန်ကျစရိတ် နုတ်ပယ်ပြီး အသားတင်အမြတ်ငွေအပေါ် ၂၂ % နှုန်းဖြင့် အခွန်ကျသင့်ပါသည်။ ကုမ္ပဏီပိုင် အခြေပစ္စည်းတစ်ခု သို့မဟုတ် တစ်ခုထက်ပို၍ ရောင်းချခြင
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in Myanmar
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Winding up by the Court, voluntary winding up, or winding up under Court supervision (s.292); a company may be wound up voluntarily by special resolution (s.345); after the liquidator's final account and meeting the Registrar registers the return and the company is deemed dissolved three months later (s.357). The Registrar may also strike a suspended company off the Register after six months.
Quote
(b) if the company resolves by special resolution that the company be wound up voluntarily; or
- Statutory fee
- Not in our records
Every business in Myanmar
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Myanmar.
Payment and banking services
None of the services whose lists we hold names Myanmar. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Public limited companyDerived our grouping, the same words in every country
- Name in law
- Public Company Limited by Shares under the Special Company Act 1950
- ISO 20275 code
- FJK0Secondary GLEIF, Entity Legal Forms code list