Myanmar Corporate Tax


With-Holding Tax wef  1 April 2017






Dividend 0 0
Interest 0 15%
Royalties 10% 15%
Capital Gain* 10% 10%
Others# 0%~ 2.5%

* include sales of land, building, share and bonds
# payment to 3rd parties for procurement of goods and services
~ Effective 1 July 2018, the existing 2 percent withholding tax will be removed on residents for payments to business and government agencies for payment within the country under a contract.

Resident is defined as a company that is incorporated under the Myanmar Companies Act or a foreigner that has done business in Myanmar for ≥183 days in a year.

Company Tax

Company that is resident in Myanmar is taxed at 25%. Non-resident company such as a Branch Offices are also taxed at 25%.

Commercial Tax

From 1st April 2017 if the threshold amount to be liable for Commercial Tax  is ≥ Kyat 50 Million i.e. if your annual turnover is higher that this amount you are liable for commercial tax.

This is a sales turnover tax that has different tax rate depending on the category. For most goods & services it is taxed at 5%. For alcoholic beverages, cigarettes and luxury items the rate can be up to 100%.

Personal Income Tax

Salary income for resident is taxed from 1% to 25% on a progressive scale. To get more details about personal income tax click here

Black Money (Unreported Income)

“Black” money i.e. income that was previously unreported and unaccounted for or has never been declared by a Myanmar citizen or resident as an income before can be taxed up to 30% if you try to bring it back into the banking system and make it “white”. So if a Myanmar person wants to buy a property or expand his business and he suddenly want to deposit a big sum of money into his bank account but is unable to explain where he gets that money – he will be taxed accordingly based on the rate below:

Black Money (Kyat) Tax Rate
1 -30,000,000 15%
30,000,001 – 100,000,000 20%
100,000,001 and above 30%


For more information – please write to info (at) consult-myanmar.com for a consultation.