[vc_row][vc_column][ultimate_heading main_heading=”AN OVERVIEW OF THE APPLICATION PROCEDURE FOR PERMIT” alignment=”left” main_heading_margin=”margin-bottom:20px;” main_heading_style=”font-weight:bold;” main_heading_font_size=”desktop:26px;” main_heading_line_height=”desktop:32px;”][/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]With most projects no longer needing Myanmar Investment Commission (MIC) approval, the Union Government has introduced a fast-track way to set up a business in Myanmar. Investors can apply to the MIC or the State and Regional investment committee for an Endorsement of an investment proposal.

The following procedure is valid for most kinds of investment applications. The process might slightly vary depending on the type of investment.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1525704010538{margin-top: 20px !important;margin-bottom: 20px !important;}”][vc_column css=”.vc_custom_1525702409951{margin-top: 10px !important;}”][info_list style=”hexagon” icon_bg_color=”#66cdaa” icon_color=”#ffffff” font_size_icon=”20″ eg_br_width=”1″ connector_color=”#66cdaa” connector_animation=”fadeInUp” css_info_list=”.vc_custom_1525702157231{margin-bottom: 10px !important;}”][info_list_item list_title=”STAGE 1: COLLECT INFORMATION FROM DICA” list_icon=”icomoon-icomoonfree-16×16-library” title_font=”font_family:Open Sans Condensed|font_call:Open+Sans+Condensed|variant:700″ title_font_style=”font-weight:700;” title_font_size=”desktop:16px;” title_font_line_height=”desktop:22px;” desc_font_size=”desktop:12px;” desc_font_line_height=”desktop:20px;”]Seek advice and information from DICA[/info_list_item][info_list_item list_title=”STAGE 2: PREPARE DOCUMENTS” list_icon=”far fa-id-card” title_font=”font_family:Open Sans Condensed|font_call:Open+Sans+Condensed|variant:700″ title_font_style=”font-weight:700;” title_font_size=”desktop:16px;” title_font_line_height=”desktop:22px;” desc_font_size=”desktop:12px;” desc_font_line_height=”desktop:20px;”]Buy Endorsement Application form then fill in forms and submit to the MIC or the State and Regional Investment Committee[/info_list_item][info_list_item list_title=”STAGE 3: DICA ASSESSES THE APPLICATION PACKAGE” list_icon=”far fa-calendar-check” title_font=”font_family:Open Sans Condensed|font_call:Open+Sans+Condensed|variant:700″ title_font_style=”font-weight:700;” title_font_size=”desktop:16px;” title_font_line_height=”desktop:22px;” desc_font_size=”desktop:12px;” desc_font_line_height=”desktop:20px;”]Review by Myanmar Investment Commission (MIC)[/info_list_item][info_list_item list_title=”STAGE 4: OBTAINING RESULTS” list_icon=”fas fa-trophy” title_font=”font_family:Open Sans Condensed|font_call:Open+Sans+Condensed|variant:700″ title_font_style=”font-weight:700;” title_font_size=”desktop:16px;” title_font_line_height=”desktop:22px;” desc_font_size=”desktop:12px;” desc_font_line_height=”desktop:20px;”]Pick-up the Endorsement if MIC or the State and Regional Investment Committee accepts the application[/info_list_item][/info_list][/vc_column][/vc_row]