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Posted 25/11/2022

DFDL Myanmar: SAC Gives Tax Exemptions for Electric Vehicles, Increases Income Tax for Upstream Oil and Gas

On 17 November 2022, the State Administration Council (“SAC”) enacted the Law Amending the...

Posted 23/11/2022

Myanmar IRD Issues Important Public Ruling on Tax Avoidance and Evasion

On 16 November 2022, the Internal Revenue Department (“IRD”) issued Public Ruling 3/2022, which...

Posted 16/11/2022

Business Implications of FATF Blacklisting of Myanmar

The global Financial Action Task Force (“FATF”) on 21 October 2022 placed Myanmar in...

Posted 14/11/2022

DFDL Myanmar Alert: New Organization Registration Law Enacted

New Organization Registration Law Enacted On 28 October 2022, the State Administration Council (“SAC”)...

Posted 18/10/2022

Central Bank of Myanmar Allows Fuel Import Repayments in Chinese Yuan

On 30 September 2022, the Foreign Exchange Supervisory Committee (“FESC”) of the Central Bank...

Posted 10/10/2022

DFDL Myanmar Alert: Competition Commission’s Advertising Guidelines

On 25 March 2020, the Myanmar Competition Commission issued Directive No. 2/2020 under Section...

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