While most projects no longer need Myanmar Investment Commission (MIC) approval, those meeting certain criteria will continue to do so. Project proposals continuing to require an MIC permit include businesses that are strategic to the Union; have large capital investments; have a large potential impact on the environment and local community, involve State-owned land, or are designated by the Government as needing a permit.
The following procedure is valid for most kinds of investment applications. The process might slightly vary depending on the type of investment.