- Businesses registered online with the Department of Trade (DOT) between October 2, 2023, and December 31, 2023, are exempt from paying registration fees for 6 months.
- Starting from January 1, 2023, the DOT will issue registration certificates with a validity of up to 2 years.
- Registration fees for companies/business organizations range from 50,000 MMK to 70,000 MMK, with re-registration and amendment fees of 3,000 MMK.
- Individuals are required to pay a registration fee of 30,000 MMK, with a re-registration and amendment fee of 3,000 MMK.
- Registration fees and online service charges must be paid within 2 weeks of receiving a notification from the DOT, using the prescribed digital payments platform.
- Non-registration of online sales businesses with the DOT can result in imprisonment and fines, as well as the possibility of exhibit confiscation or disposal.
- Online sales businesses should apply for and register with the DOT by paying the applicable fees within the specified time.
Source: dfdl.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
