• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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Considered by many as the last economic frontier, Myanmar has been the object of much investor interest, especially following further liberalisation of its foreign investment regime through the passage of the Myanmar Foreign Investment Law in 2012. As of October 2014, Myanmar registered an estimated $40.16bn of foreign direct investment (FDI) and has permitted foreign...

With the ASEAN Economic Community (AEC) nearing, how would you assess Myanmar’s legal framework in comparison to other ASEAN members?

Chapter | Legal Framework from The Report: Myanmar 2015

This chapter contains an overview of the rules and regulations surrounding business and investment in Myanmar. It also features a legal viewpoint from Cheah Swee Gim, Director, Kelvin Chia Yangon.

Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.

The Commercial Agency Law (Sultani Decree 26/1977, CAL) was enacted to provide a means for foreign principals to sell goods and services in Oman without a local presence, while providing protection to the investment made by Omani agents. Prior to the amendments, the CAL was protective of Omani agents with regards to renewal and termination of agency agreements....

How do you assess the legislative process in Oman, and what sort of changes would encourage more participation from foreign firms?

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