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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-
Name ................................................................................................................
Father's name ....................................................................................................
National registration No. ......................................................................................
Citizenship .........................................................................................................
Address
.............................................................................................................
..........................................................................................
...............................
Name of principle organization .............................................................................
Type of business .................................................................................................
Place of
organization ...........................................................................................
..........................................................................................
...............................
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-
3. Type of business in which investment is be made-
4. Form of economic organization-
Sole Proprietorship .............................................................................................
Partnership .........................................................................................................
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-
Capital ratio and amount to be contributed by the partners ..................................... ...........................................................................................................................
Profit sharing ratio ...............................................................................................
Rights and liabilities of partners ............................................................................ ............................................................................................................................
6. If the organization in the form of a limited company-
Authorized capital ...............................................................................................
Types of shares....................................................................................................
Share capital
to be subscribed by the shareholders ...............................................
............................................................................................................................
7. Particulars relating to the organization in which investment is to be made-
Amount of capital-
|
Kyat |
|||
| (1) | Amount of local capital to be contributed |
........................................... |
|
| (2) |
Amount of foreign
capital to be brought in |
........................................... |
|
|
Total ................ |
Amount of foreign capital to be brought in-
|
Kyat |
|||
| (1) | Foreign currency |
........................................... |
|
| (2) |
Others |
........................................... |
|
|
Total ................ |
Period for bringing in items mentioned in sub-paragraph (b) .................................. ............................................................................................................................
Proposed duration of investment ..........................................................................
Construction period ............................................................................................
Commencement of construction ...........................................................................
8. Particulars relating to the proposed economic organization-
Type of
business .................................................................................................
(to indicate production / services ect.)
Proposed place(s) at which investment is to be made ........................................... .............................................................................................................................
Technique of operation ........................................................................................
Annual fuel
requirement .......................................................................................
( to indicate type / quantity)
Annual electricity requirement ..............................................................................
Annual water
requirement ....................................................................................
( to indicate daily requirement, if any )
Annual equipment
/ raw materials requirement ......................................................
( to enclose a list of type / quantity / value )
Building requirement ............................................................................................
Type of land and area requirement ....................................................................... ............................................................................................................................
Goods to
be produced / services to be rendered ..................................................
( to indicate name, type, annual estimated quantity and value of the goods
/services )
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-
Local personnel required-
| Serial No | Type of personnel | Number |
|
-------------------- |
-------------------- |
-------------------- |
| -------------------- | -------------------- | -------------------- |
| -------------------- | -------------------- | -------------------- |
| -------------------- | -------------------- | -------------------- |
| -------------------- | -------------------- | -------------------- |
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-
Draft contract:
References for business and financial standing:
| Signature | ....................................... | |
| Name | ....................................... | |
| Designation | ....................................... |
|
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