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Myanmar Investment Commission (“MIC”) introduces a 35% Minimum Cash Requirement for Tax Incentives

by webmaster | Aug 7, 2026 | Legal Updates

Myanmar Investment Commission (“MIC”) introduces a 35% Minimum Cash Requirement for Tax Incentives Author : Kaung Htet Zaw             : Shwe Yee Thein KEY TAKEAWAY Investors seeking MIC income tax exemptions or reliefs can no longer rely primarily on machinery,...

New 15% Conversion Rate: CBM Reduces Mandatory Export Earning Conversion to 15%

by webmaster | Jan 9, 2026 | Legal Updates

New 15% Conversion Rate: CBM Reduces Mandatory Export Earning Conversion to 15% The Central Bank of Myanmar (“CBM”) has issued Notification No. 2/2026 on 7 January 2026. This notification introduces a significant relaxation of the foreign exchange rules first...

Minimum Wage Adjustments in Myanmar: 2023–2025 Allowances

by webmaster | Oct 17, 2025 | Legal Updates

Minimum Wage Adjustments in Myanmar: 2023–2025 Allowances On October 14, 2025, the National Committee for Setting the Minimum Wage of Myanmar (the “National Committee”) announced an additional allowance to the daily minimum wage rate for workers through Notification...
Education Allowance Introduced by the Social Security Board

Education Allowance Introduced by the Social Security Board

by webmaster | Oct 9, 2025 | Legal Updates

Education Allowance Introduced by the Social Security Board The Social Security Board (“SSB”) has introduced a new education allowance aimed at supporting employees’ children from primary school through university. On 16 May 2025, the SSB issued Notification No....
Testing Two

Testing Two

by webmaster | Oct 9, 2025 | Uncategorized

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