Myanmar Alerts
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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