Online shops mandatory to seek business registration within 6 months

Applying for business registration is obligatory for owners of e-Commerce online shops and they will face legal actions if they fail to seek one within six months, as per the notification dated 21 July by the Ministry of Commerce.
The e-Commerce online shopping is selling services or goods through digital platforms. According to section 4 (C) of the Essential Supplies and Services Act, online businesses are identified as essential services, the notification stated.
“The notification mentioned that business registration is mandatory for online business owners. We need to register the business within six months. Failing to do so, we will face actions under Section 5 of the Essential Supplies and Services Act,” Ko Wai Yan, a seller of consumer goods via a digital platform, told the Global New Light of Myanmar (GNLM).
The Ministry of Commerce stated that this move is to protect the rights of consumers.
“For the e-Commerce online shop registration, the owners of the shops must register a business online and it is valid for two years. They need to renew the registration 60 days in advance,” Ma Nwe Ni, who sells food online, told the GNLM.
As online businesses are identified as essential services and the power is vested in the Ministry of Commerce, according to Notification 5/2023 dated 4 July 2023 issued by the Union Government. — TWA/EM