Myanmar Alerts
Important Update on Labor Registration Card Renewal Fees
Directorate of Labour, Ministry of Labour, letter dated 21 December 2023 regarding the renewal of labor registration cards under which...
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SAC enacts amendment of Union Tax Law 2023
State Administration Council (SAC), enacted Law No. 55/2023, amending the Union Tax Law 2023, on September 12, under Section 419...
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House Allowance Detail Explanation by IRD
House Allowance Detail Explanation by IRD Download House Allowance Detail Explanation [MY]
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Avoidance of Double Taxation Agreement -DTA
Avoidance of Double Taxation Agreement -DTA from the internal revenue department. Download Double Taxation Agreement -DTA [MY]
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Export / Importer Registration Information
On the 10th May, the Ministry of Commerce issued the notice of order No. 35/2023 on the registration of exporters...
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2023_Union_Taxation_Law
2023_Union_Taxation_Law Download Union_Taxation_Law [MY]
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DICA requires proof of paid-up capital, police certificates for new companies
DICA notified the public that newly established companies have to send the following to DICA by e-mail within 2 months...
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The Notification for Tax Avoidance, Underpayment of Tax, False or Misleading Tax Information and Tax Evasion
In this public ruling No.3/2022, the matters defined as including Tax avoidance, negligent or fraudulent underpayment, and false or misleading...
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Companies with more than 35% foreign shareholdings are now entitled to the following relaxation
Our TCF would like to share new information received from one of the foreign banks relating with Foreign Currencies (FCY)...
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DICA amendment regarding visa extension
The foreigners who wish to apply recommendation for a visa extension from the company must apply at least 60 days...
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DICA announcement for recommendation of Foreigners’ Visa Extension
A company must have been registered for at least 1 year prior to being eligible for sponsoring a visa and...
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Central Bank of Myanmar notification No. 39/2022
Wages or salaries earned in foreign exchange by Myanmar citizens abroad remitted to the country via the licensed banks shall...
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Directorate of Investment and Company Administration announcement for Recommendation of Foreigners’ Visa Extension
Directorate of Investment and Company Administration announcement for Recommendation of Foreigners’ Visa Extension Foreigners’ Visa Extension
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Central Bank of Myanmar Notification No.39/2022 (30 August 2022) for wages or salaries earned in foreign exchange by Myanmar citizens abroad remitted to the country
Wages or salaries earned in foreign exchange by Myanmar citizens abroad remitted to the country via the licensed banks (authorized...
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Central Bank of Myanmar Notification No.12/2022 (3 April 2022)
The foreign exchange earnings of the locals must be send back to Myanmar to the foreign currency account opened at...
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Central Bank of Myanmar Instruction No. 4 / 2022 (3 April 2022)
Starting from (4-4-2022), the resident persons who received the money from foreign in foreign currencies (trade revenue, non-trade revenue) entering...
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Central Bank of Myanmar Instruction No.5 / 2022, Instructions to be follow regarding Notification No.12/2022
CBM Notification 12/2022 for outlining the action to be taken for the resident persons who received the money from foreign...
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Central Bank of Myanmar announce emails and telephone number for foreign exchange matters.
Inquiries to the Foreign Exchange Management Department, Central Bank of Myanmar for foreign exchange matters can be contacted to the...
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Central Bank of Myanmar announce only MMK to be used for domestic payments
Central Bank of Myanmar delivered the letter dated on 25th May 2022 to instruct that Union Ministries, Region, State Government,...
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