Become authorized vendor liquidating assets for bankruptcy

For more information about Myanmar laws and how they affect investors, check out the legal chapter of The Myanmar Investment Guide.The Government of the Republic of the Union of Myanmar Ministry of Immigration and Population Notification No.The person who obtains the permanent residence certificate shall apply himself/herself in the relevant Office of Township Staff Officer in Charge together with the following documents for issue of the household member list of the person who obtains the permanent residence in order to reside in the area to be settled in accord with the existing laws: (a) application form Ah Ma Na – 5 to draw permit of the household member list of the person who obtains the permanent residence; (b) original and copy of passport of the applicant; (c) original and copy of the permanent residence certificate of the applicant; (d) curriculum vitae of household members who are to be in the household (original/ copy of document); (e) recommendation of the relevant ward or village-tract administrator that the applicant resides in his/her ward or village-tract; (f) original and copy of tenancy agreement if the applicant hires a house and resides in it and procurement agreement if he/she purchases a house and resides in it.

Validation and Registration for the Term of the Permanent Residence and the Annual Term 16.

(a) The person who obtains the permanent residence certificate shall have initial stay for five years as the term of the permanent residence; (b) If the initial stay for five years of the term of the permanent residence has been expired, he/she may reapply the renewal of five years at a time; (c) The person who obtains the permanent residence certificate shall apply to the Section himself/herself to register the term of certificate once in a year within the term of the permanent residence in sub-rule (a) together with the following documents within 30 days from the date of completion of one year: (i) application form Ah Ma Na-3 to register the validity term of the permanent residence certificate; (ii) valid passport, and original and copy of travel document and sufficient recognized certificate that he/she is a citizen from the State of origin of the applicant of the permanent residence; (iii) original and copy of the permanent residence certificate; (iv) document permitted to continue to operate business from the relevant department; (v) tax exemption certificate issued in accord with the existing law, and original and copies of valid company registration which has not been expired for the persons who desires to invest and operate business.

The Pyidaungsu Hluttaw (the Myanmar Parliament) understands the importance of a sound legal framework, and has been actively updating particularly arcane laws since its first session in 2011.

Potential investors don’t need to know every law listed in Myanmar’s legal code, so we’ve put together a list of particularly relevant legislation below.

Particulars to be Carried Out as to the Decease of the Person Who Obtains the Permanent Residence 27.

If the person who obtains the permanent residence certificate is deceased, the permanent residence certificate of the deceased shall be returned to the Section through the relevant Office of the Township Departmental Officer-in-Charge within 30 days from the date of such decease by the next of kin or responsible person together with the following documents: (a) application form Ah Ma Na-8 of the return of the permanent residence certificate; (b) copy of the notice within seven days from the date of such decease to the relevant Office of the ward or village-tract administrator where the person who obtains the permanent residence certificate resides; (c) original permanent residence certificate of the deceased; (d) original and copy of the passport; (e) original and copy of documentation of the decease or death certificate; (f) original and copy of the household member list of the person who obtains the permanent residence for cancellation of the name of the deceased. The applicant for the permanent residence shall pay US $ 500 which is not returnable for the initial application for the permanent residence to the Section. The person who has obtained the notice of the permanent residence under sub-rule (a) of this rule 12 shall, after applying to draw permit of the permanent residence certificate in accord with rule 13 to the Section, and in drawing the permanent residence certificate in accord with rule 14 and in registering the term of the permanent residence certificate in accord with rule 16, pay the fees as follows: (a) US $ 1000 per annum for a foreigner; (b) US $ 500 per annum for ex-Myanmar citizen; (c) US $ 300 per annum for each of their legal offspring at the age of seven years to 18 years of age applied for the permanent residence along with the persons in sub-rule (a) or (b).(c) The Department shall submit the performance under sub-rule (b) to the Central Implementation Committee and the Ministry. Any of the parents who have obtained the permanent residence certificate shall: (a) inform the relevant ward or village-tract administrator within seven days from the date of decease of the child for enabling to register the decease of the child in Myanmar and apply to register the change of curriculum vitae in the relevant Office of Township Departmental Officer-in-Charge together with form Ah Ma Na-7 completely filled up within 30 days from the date of the decease of the child; (b) attach and submit the original and copy of household member list of the person who obtains the permanent residence of the parents to cancel the name list of deceased child; (c) contain original and copy of valid permanent residence certificate of the parents or national certificate of any of the parents, citizen scrutiny card or associate citizen certificate, associate citizen scrutiny card or naturalized citizen certificate, naturalized citizen scrutiny card or national registration card; (d) contain original and copy of passport having the name of deceased child or valid passport of any of the parents; (e) submit original and copy of the documentation of the decease of the child or death certificate.26 (a) The application under rule 25 shall be submitted to the Department for cancellation of the name of the child in the household member list of the permanent residence certificate after scrutinizing whether the application is complete and proper in conformity with the orders and directives of the Ministry or not by the relevant Office of the Township Staff Officer in Charge.(b) If the Department receives the submission of Office of the Township Departmental Officer-in-Charge under sub-rule (a), it shall issue to the relevant applicant through the Office of Township Departmental Officer-in-Charge after the cancellation of the name of the child in the household member list of the person who obtains the permanent residence.(c) The Department shall submit the performance under sub-rule (b) to the Central Implementation Committee and the Ministry.The duties of the person who obtains the permanent residence certificate shall: (a) respect the sovereignty of Myanmar and existing laws and laws of the respective country and reside peacefully; (b) pay tax in accord with the provisions of the existing revenue law upon the income which is earned within Myanmar; (c) submit the sufficient ground and obtain the permission if desires to reside one year and above consecutively beyond the territory of Myanmar within five years term of the permanent residence; (d) apply and reside in accord with rules 18 in the relevant Office of the Township Departmental Officer in Charge in the Region or State to be settled for obtaining the household member list of the person who obtains the permanent residence; (e) hold and keep systematically the permanent residence certificate so not as to damage and loss. The person who obtains the permanent residence certificate: (a) has the right to do the apartment of the complex building bought by own name in accord with the existing laws; (b) may apply in order to make the household member list of the person who obtains the permanent residence in accord with the stipulation in the apartment of the complex building bought by own name to the Office of Township Departmental Officer-in-Charge in accord with the stipulation; (c) may have the right to enter into the household member list of the person who obtains the permanent residence to the next of kin as follows and may reside with visa without having the right to settle and have the right to reside by applying the renewal of visa if they are not the persons who obtain permanent residence: (i) legal wife or husband; (ii) legal parents; (iii) legal offsprings; (d) has the right to access several times into Myanmar by holding the permanent residence certificate and valid passport of the relevant country until the period before the expiry of the term of the permanent residence certificate; (e) has the right to apply to determine as Myanmar Citizenship together with admission to be relinquished the citizenship of other country if he/she is ex-Myanmar Citizen and regranted the citizenship after residing five years in Myanmar with the permanent residence certificate and may apply to permit to continue to enjoy the benefits of the permanent residence certificate if he/she is not determined as Myanmar Citizenship; (f) has the right to free of customs duties in accord with the existing notifications and directives of the Customs Department if his/her own properties are imported from abroad within 90 days after obtaining the permanent residence certificate; (g) has the right to stay and work in other areas except the restricted or prohibited area officially declared by the State in accord with the existing procedures; (h) has the right to operate economic business in the businesses permitted to him/her in accord with the existing laws related to foreign investment; (i) has the right to take medical treatment as Myanmar citizens in Myanmar; (j) has the right to study in accord with the stipulation of the Ministry of Education. The person who obtains the permanent residence certificate shall: (a) not allow to transfer, return, hold and use the permanent residence certificate to anybody; (b) not change, edit and add the particulars mentioned in the permanent residence certificate except under rule 22; (c) not refuse when the Inspection Officer requests to inspect the permanent residence certificate and other requirements and documents according to his/her responsibilities. The person who obtains the permanent residence certificate shall: (a) not be entitled to elect as a representative of any Hluttaw or a representative who has been elected by the public; (b) not be entitled to vote for any Hluttaw in constituencies; (c) not be entitled to serve as a permanent staff who enjoys the State budget in the functions of the Government.

Tags: , ,