Setting Up Business in Myanmar

Venture capital financial is actually a key component within causing technical improvement, revitalizing creativeness as well as development as well as taking care of entrepreneurship. Concerted work is necessary for banking institutions, personal industries along with other companies to produce a favorable atmosphere for that development of venture capital. Particularly, endeavours have to broaden the actual perspective of venture capital financial and make up a advantageous financial as well as regulating atmosphere.

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The actual venture capital strategies from the term-lending banking institutions at present concentrate primarily upon helping growth and development of technologies as well as applying indigenously created however untested systems. Although this problem is easy to understand due to a real requirement for growing the bottom of practical local technologies, this creates a fairly restricted look at venture capital. What's needed is really a larger perspective upon venture capital so that it is viewed as an instrument for financing a wide range of projects that essentially have a "high risk- high-return" profile.

Business Registration Myanmar

In this context, it is important that entrepreneurs, financing bodies, financial authorities, regulating bodies and others understand the concept as well as relevance of venture capital. It should be appreciated that venture capital is an instrument for strengthening entrepreneurial forces in the economy; a device for causing risk taking and a mechanism for promoting a closer investor/investee relationship. Those who participate in venture capital arrangements must overcome certain traditional psychological barriers and be willing to build a relationship of real partnership and not a perfunctory association of restricted involvement.

To nurture the growth of venture capital, a favorable financial as well as regulating atmosphere should be created. Some of the specific things that may be are investors subscribing to the capital of venture capital funds may be given greater tax reliefs, and the long-term capital gains from the venture capital funds may be taxed at a concessional rate or even exempted totally from taxation. Orderly as well as efficient mechanisms must be evolved to facilitate liquidation of investments of venture capital funds.

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