This article provides a detailed overview of the typical costs associated with establishing and maintaining a standard company in Myanmar (MM) as of 2025. Data is based on the most recent official information, and figures are shown in Myanmar Kyat (MMK) and USD where applicable, using an indicative rate of 1 USD = 2,100 MMK.
Company Creation Costs in Myanmar (2025)
The most common entity for business setup in Myanmar is the Private Company Limited by Shares. Several fees and requirements apply during the creation process. Below is a detailed breakdown of the typical formation costs, including all mandatory government and service charges:
| Cost Item | Amount (MMK) | Amount (USD) |
|---|---|---|
| Minimum capital requirement | 150,000 MMK | $71 |
| Company registration fee (DICA) | 250,000 MMK | $119 |
| Stamp duty | 10,000 MMK | $4.76 |
| Average lawyer/agent fees | 50,000 MMK | $24 |
| Total Estimated Creation Cost | 350,000 MMK | $167 |
All costs should be viewed as averages. The lawyer or agent fees indicated cover basic incorporation service; these might vary depending on the complexity of your company structure or the choice of service provider. The Directorate of Investment and Company Administration (DICA) governs official fees and filings. You can visit the official DICA website for more details.
Annual Maintenance Costs
Operating a company in Myanmar involves ongoing annual costs. These include filing fees with local authorities and typical minimum professional fees for mandatory accounting and audit services. The expected range for annual maintenance costs is as follows:
| Cost Item | Annual Amount (MMK) | Annual Amount (USD) |
|---|---|---|
| Annual return filing fee (DICA) | 50,000 MMK | $24 |
| Accounting and audit fees (minimum) | 50,000 MMK | $24 |
| Accounting and audit fees (maximum, for small companies) | 200,000 MMK | $95 |
| Total Annual Maintenance (Min) | 100,000 MMK | $48 |
| Total Annual Maintenance (Max) | 300,000 MMK | $143 |
The lower end of the annual cost spectrum applies primarily to very small companies or those with simple operations, while more active or expanding companies can expect higher annual fees, mainly attributable to more thorough accounting and audit requirements. Accounting and audit obligations are mandatory under Myanmar law for most companies and should be factored in from the outset.
Key Information Sources
Pro Tips for Efficient Company Setup and Maintenance in Myanmar
- Ensure that minimum capital and all official fees are deposited in advance to avoid registration delays; payment schedules are enforced strictly by DICA.
- Choose an experienced local legal adviser to navigate documentation and government interactions smoothly, especially if you are non-resident.
- Maintain clear and up-to-date accounting records from day one, as Myanmar authorities can require documentation during routine compliance checks.
- Plan your annual compliance filings well ahead of deadlines, as failing to meet DICA or audit obligations can result in late fees or penalties.
Summary and Practical Considerations
Setting up a Private Company Limited by Shares in Myanmar in 2025 involves an average initial outlay of approximately 350,000 MMK ($167), with annual maintenance costs typically ranging from 100,000 to 300,000 MMK ($48–$143), depending on the company’s size and audit needs. These figures reflect both regulated government charges and essential professional service costs, relevant to most market entrants. As with any jurisdiction, diligent recordkeeping and timely compliance are critical for smooth ongoing operations. Planning for both setup and maintenance expenses in advance can help reduce administrative friction and avoid unexpected costs during your first years of operation in Myanmar.