Myanmar’s government issued Notification 65/2020, which provides several tax relief measures for businesses impacted by the pandemic.
The Japan International Cooperation Agency signed a loan agreement with the government of Myanmar to provide 42.7 billion yen to support SMEs and infrastructure.
The Securities and Exchange Commission of Myanmar (SECM) has allowed resident and non-resident foreigners to participate in securities trading on the Yangon Stock Exchange (YSX).
The RCEP will help boost foreign investment into ASEAN’s lower-wage countries.
Private and public companies in Myanmar are obligated to audit their accounts as well as hold annual general meetings once a year.
Myanmar introduced the 2020 Union Taxation Law, which sets out the latest rates for income tax, gemstone tax, commercial tax, and specific goods tax.
Myanmar’s government issued Notification 79 of 2020, which describes the latest tax compliance measures for non-profit organizations.
The Japan International Cooperation Agency (JICA) recently approved US$46.5 million in low-interest loans to businesses in Myanmar.
Myanmar’s new Insolvency Law aims to introduce a modern insolvency regime for investors and entrepreneurs. Read on to learn more.
Myanmar has extended visa on arrival access to Austria, Hungary, New Zealand, Czech Republic, and Luxemburg. Read on to learn more.