Business Taxation

Business Taxation
Our Business Taxation services are designed to help organizations navigate the complexities of tax regulations with clarity and confidence. We support businesses and individuals in making well-informed decisions, optimizing tax strategies, and ensuring full compliance with regulatory requirements. Our tax and regulatory practice is committed to reducing tax burdens while upholding the highest standards of integrity and accuracy.

 

Our Services include:

  • Tax Preparation and Filing
  • Tax Due Diligence & Pre-Tax Audit Support
  • Tax and Financial Planning
  • Tax Management Advisory
  • Tax Accounting and Compliance

Corporate Income Tax

The current corporate income tax (“CIT”) rate is 22% for Myanmar companies, branches registered under the Myanmar Companies Law (“MCL”) 2017, and companies operating under permission from the Myanmar Investment Commission (“MIC”).

Commercial Tax

Commercial tax (“CT”) is levied on four types of activities:

  • Local production and sale of goods
  • Importation of goods
  • Trading
  • Provision of services

Special Goods Tax

Myanmar introduced a Specific Goods Tax (“SGT”), effective from 1 April 2016. SGT is imposed on:

  • The import of specific goods into Myanmar
  • The local production of specific goods
  • The export of specific goods overseas.