Here at CP accounting, we offer you reliable business incorporation services into the Myanmar market.
Why Myanmar
Within the recent years, Myanmar’s growing population has seen a rise in their level of affluence, projecting a positive economic outlook. Poverty levels are steadily falling and Myanmar’s economy is picking up. According to the World Bank, poverty steadily declined from 32.1% in 2004 to 25.6% in 2009 and by 2015, levels dropped further to 19.4%. Boston Consulting Group (BCG) predicts that the affluent and middle class in Myanmar will experience rapid growth and will reach 8 million consumers by 2020.
Geographically, Myanmar is situated at a strategic location, right in the middle of Asia, between India and China. Myanmar’s position gives the country direct access to two of the largest markets in the world, with a total of more than 2.5 billion consumers.
As such, with one of the fastest economic expansions in Asia coupled with their strategic geographical location, Myanmar appears to serve as an ideal location for your business venture.