Form (I)

Proposal of the Promoter to make Foreign
Investment in the Union of Myanmar

To

The Chairman,
Myanmar Investment Commission,
Yangon.

Reference No.
Date,

        I wish to make investment in the Union of Myanmar in accordance with the Union of Myanmar Foreign Investment Law, and I herewith apply for permission furnishing the following particulars-

 

1. Promoter's-

  1. Name ................................................................................................................

  2. Father's name ....................................................................................................

  3. National registration No. ......................................................................................

  4. Citizenship .........................................................................................................

  5. Address .............................................................................................................
    .......................................................................................... ...............................

  6. Name of principle organization .............................................................................

  7. Type of business .................................................................................................

  8. Place of organization ...........................................................................................
    .......................................................................................... ...............................

  9. Place of incorporation ..........................................................................................
    ..........................................................................................................................

2. If investment is to be made by joint-venture, the particulars of the persons wishing to participate in the joint-venture with the promoter-

  1. Name ................................................................................................................
  2. Father's name ....................................................................................................
  3. National registration No. ......................................................................................
  4. Citizenship .........................................................................................................
  5. Address ............................................................................................................. ..........................................................................................................................
  6. Name of principle organization .............................................................................
  7. Type of business ................................................................................................
  8. Place of organization ..........................................................................................
  9. Place of incorporation ........................................................................................ ..........................................................................................................................

3. Type of business in which investment is be made-

  1. Production .........................................................................................................
  2. Services .............................................................................................................
    (to indicate name of goods or type of services)

4. Form of economic organization-

  1. Sole Proprietorship .............................................................................................

  2. Partnership .........................................................................................................

  3. Limited Company ...............................................................................................
    (to enclose the list of the name , citizenship, address and designation of the executive of the organization, indication the local and foreign capital ratio)

5. If the organization is in the form of a partnership-

  1. Capital ratio and amount to be contributed by the partners ..................................... ...........................................................................................................................

  2. Profit sharing ratio ...............................................................................................

  3. Rights and liabilities of partners ............................................................................ ............................................................................................................................

6. If the organization in the form of a limited company-

  1. Authorized capital ...............................................................................................

  2. Types of shares....................................................................................................

  3. Share capital to be subscribed by the shareholders ...............................................
    ............................................................................................................................

7. Particulars relating to the organization in which investment is to be made-

  1. Amount of capital-

Kyat

(1) Amount of local capital to be contributed

...........................................

(2)

Amount of foreign capital to be brought in

...........................................

Total ................

         
  1. Amount of foreign capital to be brought in-

Kyat

(1) Foreign currency

...........................................

(2)

Others

...........................................

Total ................

         
  1. Period for bringing in items mentioned in sub-paragraph (b) .................................. ............................................................................................................................

  2. Proposed duration of investment ..........................................................................

  3. Construction period ............................................................................................

  4. Commencement of construction ...........................................................................

8. Particulars relating to the proposed economic organization-

  1. Type of business .................................................................................................
    (to indicate production / services ect.)

  2. Proposed place(s) at which investment is to be made ........................................... .............................................................................................................................

  3. Technique of operation ........................................................................................

  4. Annual fuel requirement .......................................................................................
    ( to indicate type / quantity)

  5. Annual electricity requirement ..............................................................................

  6. Annual water requirement ....................................................................................
    ( to indicate daily requirement, if any )

  7. Annual equipment / raw materials requirement ......................................................
    ( to enclose a list of type / quantity / value )

  8. Building requirement ............................................................................................

  9. Type of land and area requirement ....................................................................... ............................................................................................................................

  10. Goods to be produced / services to be rendered ..................................................
    ( to indicate name, type, annual estimated quantity and value of the goods /services )

  11. System of sales ...................................................................................................

9. Details of foreign capital to be brought in -

Foreign
Currency

Estimated Kyat
Equivalent

(a) Foreign currency
(type and amount)
----------

----------

(b) Value of machineries, equipment etc.
(to enclose detail statement)
---------- ----------
(c) Value of raw materials and other
similar materials
---------- ----------
(d) Value of rights which can be evaluated,
such as licence, trade mark, patent rights
---------- ----------
(e)

value of technical know-how

----------

----------

Total  

          

10. Details of local capital to be contributed-


Kyat

(a) Amount of cash --------------------
(b) Value of machineries and equipment
( to enclose detail statement )
--------------------
(c) Building / Land --------------------
(d) Value of furniture and office equipment
( to enclose detail statement )
--------------------
(e) Value of raw materials
( to enclose detail statement )
--------------------

Total   -----

  

11. Particulars relating to annual production / services-

Foreign
Currency

Estimated Kyat
Equivalent

(a) Type and value of foreign
exchange required
----------

----------

(b) amount of foreign exchange to
be received
---------- ----------
(c) Amount of working capital
requirement in kyat
---------- ----------
(d) Value of exportable goods /
services
---------- ----------
(e) Value of annual local sale
of goods / services
---------- ----------

12. List of personnel required for the proposed economic organization-

  1. Local personnel required-

Serial No Type of personnel Number
 

--------------------

 

--------------------

 

--------------------

-------------------- -------------------- --------------------
-------------------- -------------------- --------------------
-------------------- -------------------- --------------------
-------------------- -------------------- --------------------
  1. Foreign experts and technicians required-

Serial No Type of
expertise
Number Proposed period
of employment
 

--------------------

 

--------------------

 

--------------------

 

--------------------

-------------------- -------------------- -------------------- --------------------
-------------------- -------------------- -------------------- --------------------
-------------------- -------------------- -------------------- --------------------
-------------------- -------------------- -------------------- --------------------

13. Particulars relating to economic justification-

Foreign
Currency
Estimated Kyat Equivalent
(a) Annual income ----------

----------

(b) Annual expenditure ---------- ----------
(c) Annual net profit ---------- ----------
(d) Yearly investments ---------- ----------
(e) Recoupment period ---------- ----------
(f) Other benefits
(to enclose detail calculations)
---------- ----------
(g) To mention prospects of new employment opportunities / local and foreign market conditions / foreign exchange savings ---------- ----------

14. Supporting document for the proposal-

The following documents are attached for the proposed investment-

  1. Draft contract:

  2. References for business and financial standing:

  3. Drafts of Memorandum of Association and Articles of Association.

 

 

 

Signature .......................................
Name .......................................
Designation .......................................

 

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