Since former Prime Minister U Thein Sein became President in March 2011, Myanmar has taken steps to update its legal framework. Myanmar's political and economic reforms, coupled with the release of Aung San Suu Kyi, have encouraged the United States and other countries to ease sanctions against Myanmar. Since then, the ongoing changes have been largely favourable to both foreign and local investors.
Mayer Brown JSM has published its Guide to Doing Business in Myanmar (May 2013). The guide includes information of interest to foreign and local investors and explains various legal issues that may arise when doing business in Myanmar.
The legal and regulatory framework in Myanmar is in a state of flux, with changes occurring relatively frequently. To help keep you up to date, Mayer Brown JSM produces regular updates, enabling readers to keep on top of changes and developments on the ground in Myanmar.