Private Industrial Enterprise Law was promulgated in 26th November 1990. An industrial enterprise, using any type of power which is three horse - power and above and /or manpower of ten wage - earning workers and above is required to register under this law. Private industrial enterprise means individual or partnership or company conducting any private industrial enterprises excluding joint ventures with the government.
A person desirous of conducting any private industrial enterprises shall apply for registration in accordance with the private industrial enterprise law to the respective State/Regional/ Naypyitaw Union Territory offices in the prescribed manner.
The tenure of registration is one year. If the entrepreneur applies for the extension of the tenure of registration within 60 days after the expiry of tenure, in addition to the renewal fee, the late fee as prescribed shall also be paid. If the entrepreneur applies for the extension of the tenure of registration within 60 days, the registration of the enterprises is cancelled.
The Small and Medium Enterprises Development Law was enacted on 9th April 2015 by the Pyidaungsu Hluttaw No.23,2015. The objectives of this law are as follows:
(a)To enable to accept the information related to business, technical assistance and financial aids for the small and medium enterprises
(b)To reach local and international markets and enhance the competitiveness of small and medium enterprises
(c)To have new employment opportunities and increase income of the people through the development of the small and medium enterprises
(d)To reduce the difficulties and obstacles in business operations of small and medium enterprises
The Ministry of Industry was the focal ministry of the SMEs Development according to the Union Government’s notification no 19/2016 announced on 19th January 2016.
The Boiler Inspection Department is the service rendering organizations under the Directorate of Industrial Supervision and Inspection (DISI).
The boiler Law was enacted in 14 July, 2015 to replace the Boiler Law 1984. The Boiler Inspection Department inspects all boilers in the whole country in accordance with the law of 2015 and International Boiler Standards on yearly basis. Over 2300 boilers are now in use in various industries in Myanmar.
Inspect and supervise electric power generation, transmission and distribution system in private, co-operative and public sectors in accordance with the Electricity Law(2014) and the existing Regulations(1985).