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Enterprise Management
3.5 BUSINESS REGISTRATION
Except few, not many MEs got their business registered and were not having business
license as they felt that they were not having big businesses and so were not earning much
to register themselves. After paying a fine of MMK 10,000 ($10) and following his friend’s
advice, Aung (dumpling seller, Yangon) decided to register his business with YCDC (Yangon City Development Committee) three years back. Since at that time he was new to the
city and did not know much about the process, his brother-in-law helped him in getting
the registration done. Now he was authorized to sell at that particular place where he was
and paid some extra amount also. One benefit he felt of getting the registration done was
that now YCDC officials were not taking his cart away and he was not supposed to pay any
fine also.
Htay (electrician, Naypyidaw) got his business registration done seven years back and paid
MMK 15,000 ($15) for it. His friends informed him that he need not go to the office as the
Municipal Corporation (MC) would approach him directly and the MC came right after
he opened his shop in the market. It took him six months to get the license. He paid MMK
20,000 per year ($20) to renew it after that. Kyaw (keychain maker, Bago) did not have
business registration license on his name and was using his father’s name license which his
mother renewed every year for MMK 20,000 ($20). His father got it when he just started
working 17 years back. He filled the form, gave his national ID-card at the Quarter office
and got a registration in few months.
Before starting her business, Phyae (rent CD disc, Mawlamyine) procured a license for
it from the local CD disc organization before starting this business. Now every year she
was paying MMK 3000 ($3) to get her license renewed. She knew about this organization
through word of mouth. Similarly, Lin (pony cart driver, Nay Pyi Taw) got the license for
his pony cart at vehicle registration office by paying MMK 9500 ($9.5). He got to know
about this process through other pony cart drivers. Every year he was getting it renewed
paying MMK 15,000 ($15).
Htay’s old business registration for his electricity shop