What Myanmar requires: DICA updates after restructuring
The deadline is typically within 28 days of the change for directors, registered address, and share capital under the Companies Law 2017. Other changes (name, merger, demerger) follow the scheme deadline. Filings go through the MyCO online portal.
Filing | Deadline | Form | Authority
| Change event | Deadline | Form | Authority |
|---|---|---|---|
| Change of directors | Within 28 days | Director-change form (MyCO) | DICA |
| Change of registered office address | Within 28 days | Address-change form (MyCO) | DICA |
| Change of share capital | Per Companies Law schedule | Capital-change form (MyCO) | DICA |
| Change of company name | After members' resolution + DICA approval | Name-change form (MyCO) | DICA |
| Change of constitution / articles | After members' resolution | Constitution-change form (MyCO) | DICA |
| Merger / demerger / reconstruction | Per court / scheme deadline | Scheme + DICA filings | DICA + court |
| Strike-off / dissolution | Per scheme | Strike-off forms | DICA |
Process — how to file via MyCO
- Pass the relevant board / shareholder resolution.
- Log in to MyCO with the company secretary's credentials.
- Select the appropriate change form and enter new particulars.
- Upload supporting documents (resolutions, signed forms, KYC for new directors).
- Pay the filing fee online.
- Save the DICA acknowledgement reference.
- Update IRD (TIN particulars), MoLES (township labour register), and SSB (employer registration) so cross-references match.
Records and retention
| Record type | Retention duration | Reason |
|---|---|---|
| Board / shareholder resolutions | Life of company + 7 years | Companies Law |
| DICA filing forms + acknowledgements | Life of company + 7 years | Companies Law |
| Director KYC documents | Life of company + 7 years | Companies Law / AML |
| Updated PAN / TIN / SSB / MoLES records | 7 years | Sectoral statutes |
Employer takeaway
File DICA changes (directors, registered address, capital, name, merger) via the MyCO portal within 28 days of the event for most particulars. Pass the supporting resolutions, upload KYC, pay the fee online, and save the acknowledgement. Then update IRD, MoLES, and SSB so cross-references match. Late filing attracts fines under the Companies Law 2017 and can complicate IRD / MoLES audits. Retain records for life of company + 7 years.
Penalties for non-compliance
- Late particulars filing — fine under Companies Law 2017.
- Stale director records — adverse-inference for IRD audits + signature-validity issues.
- Failure to file annual return — struck-off risk.
Common DICA-update mistakes
- Filing DICA but not updating MoLES + SSB + IRD — cross-references diverge.
- Missing the 28-day window because the resolution sat unfiled.
- Letting MyCO portal access lapse with the previous secretary.
- Not maintaining a director-KYC pack ready for filing.
- See DICA's role.
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