{"id":1313,"date":"2019-05-06T07:48:55","date_gmt":"2019-05-06T07:48:55","guid":{"rendered":"http:\/\/kyhic.kinsta.cloud\/?page_id=1313"},"modified":"2019-08-08T22:06:33","modified_gmt":"2019-08-09T04:36:33","slug":"apply-for-mic-permit","status":"publish","type":"page","link":"https:\/\/kic.gov.mm\/en\/apply-for-mic-permit\/","title":{"rendered":"Apply For MIC Permit"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div id=\"ultimate-heading-516069de1d0ee5c65\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-516069de1d0ee5c65 uvc-7408 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-516069de1d0ee5c65 h2'  data-responsive-json-new='{\"font-size\":\"desktop:26px;\",\"line-height\":\"desktop:32px;\"}' ><h2 style=\"font-weight:bold;margin-bottom:20px;\">AN OVERVIEW OF THE APPLICATION PROCEDURE FOR PERMIT<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element \" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>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.<\/p>\n<p>The following procedure is valid for most kinds of investment applications. The process might slightly vary depending on the type of investment.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1525703991828\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner vc_custom_1525702409951\"><div class=\"wpb_wrapper\"><div class=\"smile_icon_list_wrap ult_info_list_container ult-adjust-bottom-margin   vc_custom_1525702157231\"><ul class=\"smile_icon_list left hexagon\"><li class=\"icon_list_item\" style=\" font-size:60px;\"><div class=\"icon_list_icon\" data-animation=\"\" data-animation-delay=\"03\" style=\"font-size:20px;background:#66cdaa;color:#ffffff;border-color:#66cdaa;\"><i class=\"Defaults-bank institution university\" ><\/i><\/div><div class=\"icon_description\" id=\"Info-list-wrap-4734\" style=\"font-size:20px;\"><h3 class=\"ult-responsive info-list-heading\"  data-ultimate-target='#Info-list-wrap-4734 h3'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:22px;\"}'  style=\"font-family:&#039;Open Sans Condensed&#039;;font-weight:700;\">STAGE 1: COLLECT INFORMATION FROM DICA<\/h3><div class=\"icon_description_text ult-responsive\"  data-ultimate-target='#Info-list-wrap-4734 .icon_description_text'  data-responsive-json-new='{\"font-size\":\"desktop:12px;\",\"line-height\":\"desktop:20px;\"}'  style=\"\"><p>Seek advice and information from DICA<\/p>\n<\/div><\/div><div class=\"icon_list_connector\" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"border-right-width: 1px;border-right-style: dashed;border-color: #66cdaa;\"><\/div><\/li><li class=\"icon_list_item\" style=\" font-size:60px;\"><div class=\"icon_list_icon\" data-animation=\"\" data-animation-delay=\"03\" style=\"font-size:20px;background:#66cdaa;color:#ffffff;border-color:#66cdaa;\"><i class=\"far fa-address-card\" ><\/i><\/div><div class=\"icon_description\" id=\"Info-list-wrap-5161\" style=\"font-size:20px;\"><h3 class=\"ult-responsive info-list-heading\"  data-ultimate-target='#Info-list-wrap-5161 h3'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:22px;\"}'  style=\"font-family:&#039;Open Sans Condensed&#039;;font-weight:700;\">STAGE 2: PREPARE DOCUMENTS<\/h3><div class=\"icon_description_text ult-responsive\"  data-ultimate-target='#Info-list-wrap-5161 .icon_description_text'  data-responsive-json-new='{\"font-size\":\"desktop:12px;\",\"line-height\":\"desktop:20px;\"}'  style=\"\"><p>Buy Investment Proposal form then fill in forms and submit to DICA.<\/p>\n<\/div><\/div><div class=\"icon_list_connector\" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"border-right-width: 1px;border-right-style: dashed;border-color: #66cdaa;\"><\/div><\/li><li class=\"icon_list_item\" style=\" font-size:60px;\"><div class=\"icon_list_icon\" data-animation=\"\" data-animation-delay=\"03\" style=\"font-size:20px;background:#66cdaa;color:#ffffff;border-color:#66cdaa;\"><i class=\"far fa-calendar-check\" ><\/i><\/div><div class=\"icon_description\" id=\"Info-list-wrap-9225\" style=\"font-size:20px;\"><h3 class=\"ult-responsive info-list-heading\"  data-ultimate-target='#Info-list-wrap-9225 h3'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:22px;\"}'  style=\"font-family:&#039;Open Sans Condensed&#039;;font-weight:700;\">STAGE 3: REVIEW BY DICA PROPOSAL ASSESSMENT TEAM (PAT)<\/h3><div class=\"icon_description_text ult-responsive\"  data-ultimate-target='#Info-list-wrap-9225 .icon_description_text'  data-responsive-json-new='{\"font-size\":\"desktop:12px;\",\"line-height\":\"desktop:20px;\"}'  style=\"\"><p>DICA assesses the Application Package and organize a PAT meeting.<\/p>\n<\/div><\/div><div class=\"icon_list_connector\" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"border-right-width: 1px;border-right-style: dashed;border-color: #66cdaa;\"><\/div><\/li><li class=\"icon_list_item\" style=\" font-size:60px;\"><div class=\"icon_list_icon\" data-animation=\"\" data-animation-delay=\"03\" style=\"font-size:20px;background:#66cdaa;color:#ffffff;border-color:#66cdaa;\"><i class=\"fas fa-user-friends\" ><\/i><\/div><div class=\"icon_description\" id=\"Info-list-wrap-6622\" style=\"font-size:20px;\"><h3 class=\"ult-responsive info-list-heading\"  data-ultimate-target='#Info-list-wrap-6622 h3'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:22px;\"}'  style=\"font-family:&#039;Open Sans Condensed&#039;;font-weight:700;\">STAGE 4: REVIEW BY MYANMAR INVESTMENT COMMISSION (MIC)<\/h3><div class=\"icon_description_text ult-responsive\"  data-ultimate-target='#Info-list-wrap-6622 .icon_description_text'  data-responsive-json-new='{\"font-size\":\"desktop:12px;\",\"line-height\":\"desktop:20px;\"}'  style=\"\"><div class=\"permit-data-procedures\">\n<div class=\"permit-data\">\n<p>Investors sign contracts with services providers. Proposals of investors are assessed by MIC.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"icon_list_connector\" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"border-right-width: 1px;border-right-style: dashed;border-color: #66cdaa;\"><\/div><\/li><li class=\"icon_list_item\" style=\" font-size:60px;\"><div class=\"icon_list_icon\" data-animation=\"\" data-animation-delay=\"03\" style=\"font-size:20px;background:#66cdaa;color:#ffffff;border-color:#66cdaa;\"><i class=\"Defaults-trophy\" ><\/i><\/div><div class=\"icon_description\" id=\"Info-list-wrap-9930\" style=\"font-size:20px;\"><h3 class=\"ult-responsive info-list-heading\"  data-ultimate-target='#Info-list-wrap-9930 h3'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:22px;\"}'  style=\"font-family:&#039;Open Sans Condensed&#039;;font-weight:700;\">STAGE 5: OBTAINING RESULTS<\/h3><div class=\"icon_description_text ult-responsive\"  data-ultimate-target='#Info-list-wrap-9930 .icon_description_text'  data-responsive-json-new='{\"font-size\":\"desktop:12px;\",\"line-height\":\"desktop:20px;\"}'  style=\"\"><p>Pick-up the MIC Permit if MIC accepts the proposal.<\/p>\n<\/div><\/div><div class=\"icon_list_connector\" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"border-right-width: 1px;border-right-style: dashed;border-color: #66cdaa;\"><\/div><\/li><\/ul><\/div><\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>AN OVERVIEW OF THE APPLICATION PROCEDURE FOR PERMIT 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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/1313"}],"collection":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/comments?post=1313"}],"version-history":[{"count":6,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/1313\/revisions"}],"predecessor-version":[{"id":2167,"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/pages\/1313\/revisions\/2167"}],"wp:attachment":[{"href":"https:\/\/kic.gov.mm\/en\/wp-json\/wp\/v2\/media?parent=1313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}