Myanmar Special Economic Zones Law The Pyidaungsu Hluttaw ...

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    MyanmarSpecialEconomicZonesLaw

    ThePyidaungsuHluttawLawNo.1/2014

    8thWaningofPyatho,1375M.E

    23rdJanuary2014

    ThePyidaungsuHluttawherebyenactsthislaw.

    Chapter1

    Title,ApplicationandDefinition

    1. ThislawshallbecalledtheMyanmarSpecialEconomicZonesLaw.

    2. ThislawshallapplytoallSpecialEconomicZones.

    3. Thefollowingexpressionscontainedinthislawshallhavethemeaningsgivenhereunder

    (a) "State"meanstheRepublicoftheUnionofMyanmar;

    (b) "UnionGovernment"meansthegovernmentoftheRepublicoftheUnionofMyanmar;

    (c) "Special economic zone"means a specified zone, notified and established as special

    economiczoneunderthislawbythecentralbodybydemarcatingthelandarea;

    (d) "Infrastructure"means tangible basic facilities such as electric power supply, water

    supply, waste water purification, roads, highways, railways, ports, airports,

    telecommunication networks, etc., and intangible facilities such as computer

    programmesandmanagerialarrangementsforeasyandeffectiveoperations;

    (e) "Developer"meansacompany,personororganizationengaging,onacasebycasebasis

    withthepermissionofthemanagementcommitteeinaccordancewiththestipulations

    containedinthislaw,therules,byelaws,regulationsandnotificationsissuedunderthis

    law, in the construction,operationandmaintenanceof the infrastructureofa special

    economiczone;

    (f) "Investor"meansacitizen,aforeignerora jointventureestablishedbetweenacitizen

    andaforeignerwho/that,onacasebycasebasis,hasbeengrantedpermissionbythe

    relevantmanagement committee todobusinessby investing in the specialeconomic

    zone;

    (g) "Citizen" includes also associated citizens and naturalized citizens. In this expression,

    economicorganizationsestablishedexclusivelybycitizensarealsoincluded;

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    (h) "Foreigner" means a person who is not a citizen. In this expression, economic

    organizations established with foreigners [translator's note: i.e. not established

    exclusivelybycitizens]arealsoincluded;

    (i) "Exemptedzone"meansazone,specifiedbytherelevantmanagementcommitteeand

    thecustomsdepartment,thatisregardedasifitweresituatedoutsidethecountryand

    inwhichcustomsdutiesandothertaxesare,withregardtogoodslocatedinthespecial

    economic zone or transported into the special economic zone. In this zone,

    manufacturing,transportationandinternationalwholesaletradingmaybeconducted;

    (j) "Promotion zones"means zones whicharenot inlandcustoms zonesandexempted

    zonesforotherbusinesseslocatedinthespecialeconomiczone;

    (k) "Exemptedbusiness"meansanexportorientatedbusinessthatiseither(i)locatedinan

    exemptedzoneor(ii)outsideanexemptedzoneorpromotionzone,buthastherightto

    enjoythebenefitsavailabletoamanufacturingbusinessinanexemptedzone;

    (l) "Otherbusiness"meansabusinesslocatedeither(i)inanareaofthespecialeconomic

    zonewhich isnotspecifiedseparatelyasexemptedzoneorpromotionzoneor(ii) ina

    promotionzone,buthas[only]therighttoenjoythebenefitsavailabletoan[ordinary]

    manufacturingbusiness;

    (m) "Other zone"means a zone specified by the Union Government from time to time,

    excepthightechnology industrialzones, informationtechnologyzones,exportoriented

    productionzones,portzones,logisticsandtransportationzones,scienceandtechnology

    researchanddevelopmentzones,servicesbusinesszones,intermediarytradingzones;

    (n) "Centralbody"means the centralbody, formedby theUnionGovernmentunder this

    law,fortheadministrationofthespecialeconomiczonesinMyanmar;

    (o) "Centralworkingbody"means thecentralworkingbody, formedby the centralbody

    underthislaw,inordertosupportthecentralbody;

    (p) "Managementcommittee"means themanagementcommittee formedunder this law

    tomanage,administerandsupervisetherelevantspecialeconomiczone;

    (q) "Responsibleministry"means theUnionministry charged by theUnionGovernment

    withbeingresponsible for implementingthenecessary functionsanddutiesunderthis

    law;

    (r) "Assets"means land, buildings, vehicles, businessrelated capital, shares, promissory

    notesandsimilarinstruments;

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    (s) "Profitaccrued fromassets"meansaprofit from the saleofassets, frommortgaging

    them,exchangingthemorrentingthemout.

    Chapter2

    Objectives

    4. Theobjectivesofthislawareasfollows

    (a) Tosupportthemaingoalsofthenationaleconomicdevelopmentproject;

    (b) To increase job opportunities for the people, to ameliorate their living standard, to

    promotetheproductionofcommodities,toincreaseexportandtoearnmoreincomein

    foreignexchange;

    (c) To encourage, promote and entice the harmonious development of the industry,

    economyandsociety;

    (d) To promote industrial, economic and commercial enterprises, cooperation in services

    and finances between the state and other countries and to provide opportunities to

    citizenstolearnvocationalskills;

    (e) Toencourageandenticelocalandforeigninvestmentbyconstructinginfrastructurefor

    developersandinvestors;

    (f) Topromotelocalandforeigninvestmentsinthespecialeconomiczones.Tocreatenew

    employmentopportunitiesandtocreateindustriesnexttothespecialeconomiczones.

    Chapter3

    FormationoftheCentralBodyandFunctionsandDutiesthereof

    5. TheUnionGovernment

    (a) Shall,inordertoimplementthefunctionsanddutiescontainedinthislawinrespectof

    theestablishmentandoperationofspecialeconomiczones,formacentralbodyforthe

    administration of the special economic zones in Myanmar, composed of a suitable

    person as chairman and suitable persons from the relevant ministries, government

    departmentsandorganizationsasmembers;

    (b) Shallreconstitutethecentralbodyformedundersubsection(a)asnecessary;

    (c) Shallassigndutiestothecentralbody.

    6. Thefunctionsanddutiesofthecentralbodyareasfollows

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    (a) Layingdownpolicies inorder to implement thespecialeconomiczonessuccessfully in

    accordancewiththestipulationsofthislawandprovidingguidanceasnecessary;

    (b) Reforming and establishing special high standard industry business, economic and

    commercial business, services, tourism, industry business based on agriculture,

    investmentbusiness,financialcentresandcentresforexportoriented industries inthe

    selectedregionsinthecountry;

    (c) Submitting the proposal to establish a special economic zone, which includes

    information as to the suitable place, required land area, extentof the land area and

    boundarydemarcation,totheUnionGovernmentafterhavingobtainedandscrutinized

    theopinionsoftherelevantgovernmentdepartmentsandorganizations;

    (d) Forming the centralworkingbodyandmanagement committeeswith theapprovalof

    theUnion Government to enable administration of the special economic zones, and

    assigningthefunctionsanddutiesthereof;

    (e) Layingdown thearrangementsandprojects for thedevelopmentandmanagementof

    the special economic zones. Specifying work schemes and frameworks relating to

    implementation,surveillanceandcontrol;

    (f) Scrutinizing and approving specialeconomic zonedevelopmentprojects submittedby

    themanagementcommittees;

    (g) Determining the categories of investment business and investment amounts in the

    specialeconomiczones;

    (h) Supervising thework of themanagement committees, inspecting them from time to

    timeandcommunicating/coordinatingwiththerelevantgovernmentdepartmentsand

    organizations;

    (i) Granting,withtheapprovaloftheUnionGovernment,relief fromtaxesandrevenues,

    rentalfeesandlandusepremiumstobeleviedunderthislaw;

    (j) Increasing,with theapprovalof theUnionGovernment, the taxexemptionand relief

    periodsinexcesstothosestipulatedinthislawinordertodevelopthewholecountry;

    (k) Directingandsupervisingthe"onestopservice"inthespecialeconomiczoneinorderto

    assurespeed;

    (l) Formingcommitteeswith thepersonnelof the relevantgovernmentdepartmentsand

    organizations in order to implement administrative, security, management and

    developmentmatters inthespecialeconomiczonesanddeterminingthefunctionsand

    dutiesofthesecommittees;

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    (m) Requesting themanagement committees to supervise the committees formed under

    subsection(l)directly;

    (n) ReportingtotheUnionGovernmentonthestateofthe implementationofthespecial

    economiczoneprojects;

    (o) Establishingnewspecialeconomiczonesforthebenefitofthecountryandthepeople.If

    industrial zones which are presently operational conform to the characteristics of

    specified specialeconomic zones,upgrading such industrial zones to specialeconomic

    zones with the approval of the Union Government and, thereafter, submitting the

    mattertothePyitaungsuHluttawforapproval;

    (p) Performing other duties related to special economic zones as assigned by theUnion

    Government.

    Chapter4

    FormationoftheCentralWorkingBodyandFunctionsandDutiesThereof

    7. Thecentralbodyshall,withtheapprovaloftheUnionGovernment

    (a) inordertoadministerspecialeconomiczones,formacentralworkingbody,composed

    ofrelevantpersonnelfromgovernmentdepartmentsandorganizations;

    (b) whenformingthecentralworkingbodyaccordingtosubsection(a),determinetheduty

    of,andassigndutyto,itschairman,vicechairman,secretaryandjointsecretary;

    (c) reconstitutethecentralworkingbodyasnecessary.

    8. Thefunctionsanddutiesofthecentralworkingbodyareasfollows

    (a) Itshallscrutinizetheproposalssubmittedbythemanagementcommittees,developers

    or investors concerning special economic zonesor investment businesses, and advise

    thecentralbody;

    (b) It shall scrutinize the special economic zone development projects submitted by the

    managementcommitteesandadvisethecentralbody;

    (c) Itshallscrutinizetodeterminethetypeofzone,theprioritizedbusinesses,thetypesof

    businessinaccordancewiththezoneandsubmittheresulttothecentralbody;

    (d) It shall study thematters related to international special economic zones and other

    specialeconomiczoneswhich shouldbe implemented inMyanmarand their location,

    andadvisethecentralbody;

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    (e) Itshall,with theapprovalofthecentralbodyand inaccordancewiththestipulations,

    coordinatewiththerelevantorganizationsinordertoenabletheinvestmentbusinesses

    tobecarriedoutintherelevantspecialeconomiczone;

    (f) shall scrutinize other matters related to the administration, management and legal

    complianceoftheinvestmentbusinessesinthespecialeconomiczones;

    (g) shallform,andassigndutyto,othersuitableworkinggroupsunderthecentralbody, if

    necessary.

    Chapter5

    FormationoftheManagementCommitteesandFunctionsandDutiesThereof

    9. TheCentralBody

    (a) shall form, for each special economic zone, amanagement committee composed of

    personnelfromrelevantgovernmentdepartmentsandorganizations,externalpersonnel

    andpersonnel fromexternalorganizations inordertocarryouttheduties imposedby

    thislawfortherelevantspecialeconomiczone;

    (b) shallincludeonerepresentativeoftherelevantRegionorStateGovernmentasmember

    intherelevantmanagementcommittee;

    (c) shall,when formingamanagementcommitteeaccordingtosubsection (a),determine

    thechairman,thevicechairman,thesecretaryandthejointsecretary;

    (d) shallreconstitutethemanagementcommitteesasnecessary.

    10. The chairman of amanagement committee shall be responsible to the President of the

    RepublicoftheUnionofMyanmarthroughthecentralbody.

    11. Thefunctionsanddutiesofthemanagementcommitteesareasfollows

    (a) submittingthespecialeconomiczonedevelopmentprojecttothecentralbodythrough

    thecentralworkingbodyandobtainingapprovalfortheimplementationandoperation

    ofthespecialeconomiczone;

    (b) makingarrangements so that investmentbusinessescanbecarriedout inaccordance

    withthestipulations;

    (c) issuingpermits toengage in an investmentbusinesswithin30days from thedateof

    application,iftheapplicationincludesallparticularsstatedinsection30;

    (d) supervising and inspecting the implementation of the investment, landuse,

    environmental conservation, health, education, finance and taxation, development,

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    transport, communication, security, electricity, energy and water supply, etc., and

    coordinatingwiththerelevantgovernmentdepartmentsandorganizations;

    (e) coordinatingwith the relevant government departments and organization asmay be

    necessary in order to protect the assets, profits and other rights of the investors in

    conformitywiththeexistinglaws;

    (f) specifying, in notifications, orders, directives and procedures, the particulars to be

    followedbytheinvestors;

    (g) iftheinvestorsandtheiremployees,theirtechnicians,workersandfamilymembersare

    foreigners: coordinatingwith government departments and organizations in order to

    enablethemtoobtainentryvisasandstaypermits;

    (h) coordinating matters with the Myanmar Central Bank to facilitate its financial

    management and supervision of foreign currencies and the financial business of

    investors in the special economic zone, and dealingwith the banks permitted to do

    foreignbankingbusinessinMyanmar;

    (i) permittingthedeveloper,theinvestors,orthecompaniestocarryouttheirbusiness in

    the special economic zone in accordancewith the stipulations, and supervising their

    performance;

    (j) supplementing, amending and cancelling the rules pertaining to investments in the

    specialeconomiczonefromtimetotime,withoutaffectingbusinessesthatarealready

    registered;

    (k) demarcatingtheadjoiningzonesandlocationsinthespecialeconomiczone;

    (l) offering a onestop service: granting permits to invest in the special economic zone,

    registeringcompanies,issuingentryvisasforrelevantjobs,issuingcertificatesoforigin,

    taxation, issuingworkpermitsandpermissionstohire, issuingconstructionpermitsfor

    factoriesandotherinvestmentandeconomiclicenses;

    (m) managing directly the departments established under themanagement committee in

    accordancewithsubsection(l);

    (n) scrutinizing whether the design and the construction of the special economic zone

    conformtothemainplan;

    (o) prescribing the particulars to be followed for the types of business that may be

    establishedinexemptedzonesandpromotionzones,theminimuminvestmentamount

    foreach typeofbusiness, theminimumnumberofcitizenemployees tobehired, the

    standardnormsforhightechnology;

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    (p) supervisingenvironmentalconservationandprotection inthespecialeconomiczone in

    accordancewith theexisting laws, scrutinizing the system todispose industrialwaste

    fromthefactories,requestingdevelopersandinvestorstocomplywiththestipulations;

    (q) ifnecessary,formingasupportcommittee,composedofrepresentativesfromrelevant

    government departments or organizations, representatives of the developer and

    investors,andothersuitablerelevantpersonnel;

    (r) in order to attract investment businesses, specifying and reforming, management

    patterns regarding the construction, operation and maintenance of the investment

    projectsinthespecialeconomiczone,basedontheadviceofthesupportcommittee;

    (s) issuingregulationstoassurethattheoperationandmanagementoftherelevantspecial

    economiczoneisoneincompliancewiththestipulations;

    (t) granting exemptions and relief to investors or the developer in conformitywith the

    MyanmarSpecialEconomicZonesLaw;

    (u) carrying out the fun...

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