Question:

My company is foreign company from Singapore wants to incorporate a new company in Myanmar. The scope of business is as the same with our scope in Vietnam.

Please send me a price quotation for the service.

Answer:

We, SB Law Company Limited know that your company is now desiring to set up a Subsidiary Company in Republic of the Union of Myanmar. Therefore, we are grateful to set our legal services proposal for your review and consideration:

  1. Scope of works

Our scope of work shall be as follows:

Scope of work
a.                  Preparation of the application documents:

§     Notifying application documents required in the process of applying for Certificates Investment;

§     Drafting documents in the licensing dossier, including but not limited to: application, power of attorney, resolutions of the board of directors in both English and Vietnamese. Not including the preparation of necessary documents of third parties or of the Client as Certificate of Company Registration, contracts relating to leasing address, documents proving the capacity, investment projects, investor’s status or preparing translation from Myanmar into Vietnamese or preparation of legalized documents;

§     Liaising with Client to discuss the draft application documents;

§     Amending the application documents based on your comments;

§     Obtaining comments from the licensing authority;

§     Finalizing the application documents following comments from the licensing authority and Client;

§     Translating the documents from Myanmar language into Vietnamese;

b.                  Licensing procedures:

§     Submitting the application dossier to the Offshore Investment  Department  of Ministry of Planning and Investment and other relevant authorities;

§     Monitoring and following up with the relevant authorities on the approval process;

§     Keeping you updated on the developments and additional requirements, if any;

§     Assisting you in obtaining the investment certificate.

2. DELIVARABLES

Delivarables including documents be prepared by Myanmar language and Vietnamese to submit to the licensing authority.

3. PROFESSIONAL FEE

The Price for performing the SB Law services as mentioned in item 5 above will be as follows:

  • Service fee for register the Offshore Investment Certificate is 000 USD (In words: Four thousand U.S. Dollars);

Service fee is exclusive of 10% VAT, bank  charge, travel expenses, notarization, translation from Myanmar into Vietnamese (12 USD / page / 300 words), consular legalization and the expenses incurred on behalf of the Client (if any).

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