Trading in Myanmar is largely off limits for foreign entities, but in late May 2015, the Thilawa special economic zone management committee issued guidance on trading activities that will now be considered. Free-zone business entities will be able to “wholesale” products, up to 25% of total sales, to promotion-zone businesses or to businesses outside the economic zone. Free-zone businesses, however, will still not be able to participate in retail business.
Promotion-zone businesses will be able to import their own products for wholesale and retail transactions of such goods within the special economic zone, provided certain requirements are satisfied (e.g., undertaking value-adding activities, threshold investment amounts for activities, etc.).
Read a 2015 report prepared by the KPMG member firm in Myanmar: Special Economic Zone Trading
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