fbpx

New Myanmar Investment Law takes effect in January

Myanmar’s new investment law will take effect on 1 January, 2017, according to the Myanmar Investment Commission. The new law will combine the Foreign Investment Law and the Myanmar Citizens Investment Law, said U Aung Naing Oo, secretary of the Myanmar Investment Commission (MIC). The commission will continue its functions in accepting proposals submitted by […]

Tax exemptions to be granted to 100 per cent of export factories

TAX exemptions will be granted to 100 per cent of export factories operating in Myanmar without time limit if both nationals and (if applicable) their foreigner partners export all finished products they manufacture, it has been learned from the Directorate of Investment and Company Administration (DICA). Export enterprises will be exempted from certain taxes. That […]