Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
Issue 3 - Jul/Aug/Sep 2023
 

Mandatory Registration for Online E-Commerce Businesses by 21 January 2024

On 21 July 2023, the Ministry of Commerce ("MOC") issued three notifications that (i) classify online retail businesses as essential services under the Essential Supplies and Services Law, and (ii) require Myanmar entities (which includes both companies registered in Myanmar and local residents) that are engaged in online retail businesses to register with the Department of Trade.


The registration for all e-commerce businesses must be completed by 21 January 2024 (i.e. six months from the date of the issuance of the MOC notifications. Failure to register by the given date is punishable by imprisonment ranging from six months to three years and a fine of up to MMK 500,000.


The registration process is to be completed online with a fee payable. Successful registrants will receive a certificate of registration which is valid for two years and can be renewed. 



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

 

Rajah & Tann
Myanmar Company Limited
Junction City Tower,
No.3A Bogyoke Aung San Road,
Level 13, Unit 13-04, Pabedan Township,
Yangon, Myanmar
http://mm.rajahtannasia.com


Contacts:

Dr Min Thein
Managing Partner
D +951 9345343
F +951 9345348
min.thein@rajahtann.com

Chester Toh
Director
D +65 62320220
chester.toh@rajahtann.com

Jainil Bhandari
Director
D +65 62320601
jainil.bhandari@rajahtann.com

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