Corporate and M&A
Myanmar Directorate of Investment and Company Administration (DICA) says nominee directors and nominee shareholders will not be allowed
According to the Section 462, Sub-section (a) (ii) of the Myanmar Companies Law, DICA announced a directive no.7/2023 on 17 January 2023, stating that nominee directors and nominee shareholders will not be allowed.
ILAW MYANMAR CO., LTD. - 07 February 2023