Myanmar’s economy grew at 8.5% in real terms in 2014/15, but growth is projected to moderate to 6.5% in 2015/16 due to floods and slowing investment.
The November 8, 2015 elections in Myanmar marked a historic milestone in the country’s political and economic transition that began in 2011. The opposition National League for Democracy (NLD) swept into power, leading to the parliament’s election of Myanmar’s first civilian state leader in decades.
A complete guide to the tax structure in Myanmar
The Personal Income Tax Rate in Myanmar stands at 20 percent.
Since 2011, Burma has made significant reforms to improve its legal and regulatory framework in order to create an attractive business climate capable of generating more inward foreign investment.
As the Thilawa SEZ is a Special Economic Zone which is different from industrial zone or estate, any kind of businesses can be located except those that are prohibited.
A brief description of the business structures available in Myanmar
Myanmar offers two options to foreign investors who want to register a business entity in a nation
For company registration information, see page 20 of this report on business in Myanmar from PWC
Detailed description of taxes on corporate income in Myanmar