THE Directorate of Investment and Company Administration (DICA) removed Myanmar MMT Jade Co Ltd from the blacklist.
That company was blacklisted for having fraudulent or inaccurate office addresses registered in the MyCO system upon a report forwarded by the Bureau of Special Investigation. DICA has already notified that the registrar will publicly declare the deny list and weak compliance matters on the DICA’s website if companies registered on the online registry system, MyCO, fail to comply with the existing law, rules and bylaws of the government institutions concerned and provisions stipulated in the Myanmar Companies Law.
In early December 2025, DICA declared blacklisting of 25 companies for fraudulent addresses for registration until the end of the 2026-2027 financial year.
These 25 companies were flagged for an unauthorized address because they are no longer at the registered address on the MyCO submitted by the relevant ministries: the Ministry of Foreign Affairs, the Bureau of Special Investigation, and the Internal Revenue Department. One was referred by the Ministry of Foreign Affairs, 13 by the Bureau of Special Investigation, and 11 by the Internal Revenue Department.
NN/KK
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