The following checklist enables investors to navigate themselves which investment procedure—MIC Permit or Endorsement—they will need to undergo or not through either of these procedures. Based on the detailed information of the investors’ project, they can check the project according to the screening checklist, the detailed stipulations in the MIL and related Rules and Notifications and know which procedure will apply to their proposed project, at which institutions they should submit the project to and for which procedures (e.g. to MIC for MIC Permit or Endorsement, or to Region/State Investment Committee in Regions/States for Endorsement).

By checking the project according to the navigation checklist, investors should also read the relevant sections of the Law, Rules and Notifications. The result of this navigation process is mainly for the use of the investors when working on their project proposals. In most case, it is advisable that investors should start with the step of inquiring information from the related Investment Division at DICA or from the Region/State DICA Office. MIC will issue a non-binding guidance on whether the investor needs to apply for a permit and if incentives are available.

NOTES:

1 Form 1 – Inquiry form (can be downloaded from DICA website or purchased at the Front Office of DICA)

2 Documents need to be submitted at this step:

1. Filled-in Investment Proposal Form (Form 2)
2. Copies of ID card of all directors (for MM citizen investors), of passports (for foreign investors)
3. Financial documents (Bank statement)
4. Separate plans for environment protection, social welfare, CSR, fire-prevention, waste treatment (applicable to some kind of projects in mining, chemicals …)
5. List of equipment, machinery, raw materials purchased locally/to be imported with HS 4-digit code
6. Blueprint of building (if new building, infrastructure to be constructed) or photo of building if existing one is use
7. Business location map
8. Land ownership evidences/documents
9. Draft lease agreement (if land leased from a private owner or from Government) together with land ownership evidences/documents of the leaser
10. In the case of JV, a joint-venture agreement (draft)
11. Fill in Form 7A for long-term lease for land and building.

If land leased from a Government body, the relevant Government body will send the draft agreement directly to ID/DICA together with a forwarding letter, and recommendation from the Union Attorney-General Office.

3 Please see Section 4.8 for the details on the amount of service fee.

4 Please see Section 4.9 for the guideline for the PowerPoint presentation structure and requirements.

* Please note that tax incentive application (Form 6) should be submitted to Invest-ment Monitoring Division at DICA Head Office only after receiving the MIC permit

NOTES:

1 Form 1 – Inquiry form (can be downloaded from DICA website or purchased at the Front Office of DICA)

2 Documents need to be submitted at this step:

1. Filled-in Investment Endorsement Application Form (Form 4A for MIC Endorse-ment, Form 4B for Endorsement by Region or State)
2. Copies of national identification card of all directors (for MM citizen investors)/of passports (for foreign investors)
3. Financial documents (Bank statement)
4. List of equipment, machinery, raw materials purchased locally/to be imported with HS code
5. Business location map
6. Land ownership evidences/documents
7. Form for the land use (Form 7A for MIC Endorsement, Form 7B for Endorsement by Region or State). In the case of Myanmar citizen using his/her own land, if the investment is 100% owned by MM citizens, there is no need to submit Form 7A and 7B. However, if the investment is a joint-venture or wholly foreign owned, Form 7A and 7B are applicable, depending on the fact the JV investment project is to be endorsed by MIC or by Region or State
8. In the case of JC, a joint-venture agreement (draft)

3 Please see Section 4.8 for the details on the amount of service fee.

4 Please see Section 4.9 for the guideline for the PowerPoint presentation structure and requirements.

5 In Form 5-A for MIC Endorsement and Form 5-B for Endorsement by Regions or States

* Please note that tax incentive application (Form 6) should be submitted to Invest-ment Monitoring Division at DICA Head Office only after receiving the Endorse-ment.