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FAQ

1. Question: Who can do export/import business?

Answer: The following enterprises desirous of carrying on export/import business may apply to the Directorate of Trade, Ministry of Commerce for registration as exporter/importer:

(a) The following enterprises registered under Myanmar Companies Act and Special Company Act of 1950

-Limited Companies (inclusive of foreign companies /branches)

-Joint Venture Corporation.

(b) Co-operatives societies registered under the Co-operative Societies Law.

2. Question: May I know the term of registration fee and extension fee?

Answer:

(a) Term of registration fee and extension fee for one year - 50,000/- Kyat

(b) Term of registration fee and extension fee for two years - 100,000/- Kyat

3. Question: What are the rights of registered exporter/importer?

Answer:

The following are the rights of registered exporter/importer.

•  To export all products in accordance with the prescribed rules and regulation except for those which are prohibited by the state and the products prescribed to be solely undertaken by the state-owned economic enterprise;

•  To import all products in accordance with the prescribed rules and regulation, with the foreign exchange (earned on export) or using any other permitted methods of import;

•  To do border trade business in accordance the prescribed rules and regulations, but registered exporter/importer should not be a foreign firm.

•  To distribute by whatever means available in the local market;

•  To apply for issuance of business pass-port;

•  To receive the foreign guest for business negotiation.