Failure to obtain a licence for e-commerce online shops will result in legal action, as stated in the Trade Department’s Notification 11/2024 dated 9 August.
The Trade Department under the Ministry of Commerce released Notification 50/2023 dated 21 July 2023 regarding mandatory e-commerce registration through https://www.ecomreg.gov.mm starting from 2 October 2023.
The ministry allowed those online sales business operators who registered between 2 October and 31 December 2023 to be exempt from registration fees for six months. Those running online sales businesses who failed to obtain a licence six months after the notification date will face actions under Section 5 of the Essential Supplies and Services Law.
Registration for owners of e-commerce online shops can be made through www.ecomreg.gov.mm from 17 June by paying the registration fee, according to the export/import bulletin (17/2023) of the Trade Department released on 28 December 2023. The ministry allowed those online sales business operators who registered between 2 October and 31 December 2023 to be exempt from registration fees for six months.
The validity of registration granted starting from 1 January 2024 is two years. The registration fees are set at K70,000 for companies or commercial institutions, with a renewal fee of K70,000 and an amendment fee of K3,000. Those companies or commercial institutions holding the SME certificates have to pay K50,000 for registration, K50,000 for renewal and K3,000 for amendment fees. Individuals will be charged K30,000 for registration, K30,000 for renewal and K3,000 for amendment fees. — NN/KK
Failure to obtain e-commerce licence leads to legal action
- August 13, 2024
- 142