Myanmar Companies Law Will Officially Take Effect on 1 August
The Office of the President issued a notification yesterday announcing that the Myanmar Companies Law will take effect on 1 August 2018. The announcement was made by way of Notification 48/2018 dated 21 June 2018 and signed by President Win Myint.
The Companies Act was enacted on 6 December 2017, but the law specifically provides that it will only take effect on the date determined by the President by way of a notification. The notification issued yesterday officially completed this statutory requirement.
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