Legal and Tax in Myanmar Pablo GR

The Governments Tax Reform process is gaining pace. In recent months we have seen the Union Tax Law 2019 enacted, the Tax Administration Act is in force with effect from 1 October 2019 and a new draft Income Tax law has been released by the government for public comment. Joining in this podcast will be Ding Suk Peng, a Tax Partner at PwC Myanmar and Paul Cornelius, who heads up the tax function at PwC Myanmar, to provide us with insights on some of the key issues.

Myanmar's much anticipated new Intellectual Property (IP) Laws were finally passed this year, kicking into gear the establishment of a new IP regime that is more consistent with international standards and frameworks -- a move that is hoped to inspire more investor's confidence in the country. Lingyi Quek (Dentons Myanmar) and Eunice Chan (KASS Myanmar) provide an overview of these newly enacted laws and discuss the implementation as well as the implications, risks and opportunities of the trademark law in particular for investors and businesses.

In this episode, EuroCham Myanmar's Legal and Tax AG Officer, Pablo Galvez, discusses with Bhawna Bakshi and Rohan Bishayee, both Legal Advisors at DFDL Myanmar about the investment climate in Myanmar. The discussions revolved around the new available options (in terms of registering companies and accessing to finance) for foreign investors after the new Myanmar Companies Law has been enacted. Insurance, trading and banking are sectors that have experienced liberalisation in terms of policy. The episode ends with the new developments surrounding intellectual property rights.