Business Environment


Myanmar has a vast potential of land resources for further expansion of cultivable land. Prevalence of different agro-ecological tracts has made it possible to grow a multitude of over 60 crops ranging from tropical ones to moderate temperature varieties.


Livestock and Fishery

Myanmar has a long coast line and continental shelf Fishing ground which is relative less exploited. Fresh water fisheries are made possible through vast river systems, and heavy rain falls.



Myanmar is indeed very rich in forest resources as the forest cover about 50 percent of total and area. Teak forest of Myanmar are considered to be one of the largest in the world. Moreover, there are many hardwood and softwood species which can be exploited for processing value-added products commercially.



Myanmar is well endowed with mineral resources and has many famous mines. There are many possibilities to work under foreign investment in various fields of mining. Moreover, quality gems are also mined extensively. Prospects for development of jewellery manufacturing and jade curving are quite evident, and foreign investment in this areas of business is a promising one.



Myanmar is a country with substantial energy resources including crude oil, natural gas, hydropower and coal. The country has the potential to easily meet present and future energy needs at relatively low cost. Transforming the energy sector into foreign exchange earnings could well be a promising one in the future.



Myanmar is rich not only in natural resources but also in traditional and cultural heritage, like the city as Bagan, Mandalay, Sagaing, Myauk-Oo and etc., Myanmar also has a variety of natural places such as snowcapped mountain in the north, unspoiled beaches in the west and south and scenes of exotic beauty all over the country. Tourism related business could be a promising one.


Labour Force

Fairly trained manpower and skilled labour are available. Myanmar people are industrious skillful and quick learning, thus representing a strong lobour force.


Labour Cost

The Labour cost in Myanmar is quite low compared to other neighboring countries. In the private sector it is usually fixed on mutual agreement between the employer and employee.


Labour Contracts

A labour contract may contain essential information which include job description, working venue, salary and wages, duration of contracts, terms of trial period and terms of termination. The Department of Labour can help the foreign enterprises in scrutinizing work rules and employment contracts so that they may be in conformity with the provisions of the existing Myanmar Labour Law.


Tax Rates

A flat rate of 30% is applicable to enterprises operating under the Union of Myanmar Foreign Investment Law and those formed under the Myanmar Companies Act.

For a non-resident foreigner (including a branch company), income tax is payable at 35% or at progressive rates form 5% to 40% whichever is greater.

The income form “salaries” other than income of non-resident foreigner the tax is computed at progressive rates of 3% to 30%.

Withholding Tax


Payments on income such as interest, royalty and on contracts are subject it withholding tax as shown below.


Policy regarding ownership of Land

Foreign organizations and persons are not allowed to own land Myanmar. However, land nay be acquired from respective Ministers on long renewable lease up to 30 years.

 Class of income Rate applicable to resident citizens and resident foreigners  Rate applicable to non-resident foreigners 
 Interest  -  15%
 Royalty for use of licenses, trademarks, parent rights etc.  15%  20%
 Payments to contracts made by Government Organizations, Municipalities and Co-operative Societies  3%  3.5%


Incentives and Guarantees

A tax holiday period of (3) years inclusive of the year the enterprise commences its commercial operation and also to a reasonable period upon application, provided that MIC, in the interest of the State, considers appropriate. In addition, MIC may grant one or all of the following exemptions and relieves.


  1. Exemption or relief from income tax on reinvest profits within one year;
  2. Accelerated depreciation rates approved by the Commission;
  3. Fifty per cent relief from income tax on profits accrues from exports;
  4. Right to pay income tax on behalf of foreign experts and technicians employed in the business and right to deduct such payment from the assessable income;
  5. Right to pay income tax on the income of foreign employees at the rates applicable to Myanmar nationals;
  6. Right to deduct R & D expenditures from the assessable income
  7. Right to carry forward and set off losses up to three consecutive years from the year the loss is sustained.
  8. Exemption or relief from customs duty or other internal taxes of both on import of machinery, equipments, machinery components, spare parts and materials used in the business during the period of construction; and
  9. Exemption or relief of customs duty or other internal taxes on imported raw materials for the first three years of commercial operation after completion of construction.


The FIL provides the State Guarantee that an enterprise permitted by the MIC under the FIL shall not be nationalized during the permitted period or the extended period (if any). It also provides repatriation of profit after deduction of all taxes due.

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Useful Myanmar Phrases

Auspicious to you all
Mingalar Bad

How are you?
nei kaun: ye. la:

Good morning
mingala nan ne khin: ba

Good evening
kaun: tho: nya. nei khin: ba

Good night/Good Bye
thwa: bi

Thank you
kyei: zu: tin ba de

Thank you very much
kyei: zu: amya: gyi: tin ba de

I cannot speak Myanmar
Myanmar lo matat' bu:

Do you understand?
khamya: na: le tha la:

May I take a photograph?
da' poun yai' lo. ya. mala:

May I use the telephone?
te li hpon: thoun: lo. ya. ma. la:

Where is the restroom?
ein tha be ma shi. tha le:

How much?
be lau' le:

What's that?
e: da ba le:

Very expensive
zei: mya: de

See you again
noun gya. thei: da paw.

Please to meet you.
twei. ya. da wan: tha ba de

Good luck
kan kaun: ba zei

sel' mashi ba ne.

Excuse me
thi: khan ba

It's all right.
ya ba de

Yes (Male)
hou' ke khin bya.

Yes (Female)
hou' ke shin.

hin. in:

da ge la:

It's impossible.
ma hpyi' nain bu:

hpyi' nain ba de

I beg your pardon (Male)
khin mya (?)

I beg your pardon (Male)
Shin (?)

Can I help you?
ku nyi ba ya. zei

kegya. ba oun:

hla. lai' ta

I want...
...gyin de


I want to go...
... go thwa: gyin ba de

Where is...? na: ma le:

Turn left
be be cho:

Turn right
nya be cho:

Straight ahead
te, de. thwa: ba

Stop here
dima ya' ba

Slow down
hpyei: byei:

Be careful
tha di: hta: ba

Be careful, don't drive too fast
tha di: hta: ba: phyie: byei: maun:

Turn back
pyan hie:

Turn back
pyan hie:

How much do I owe you?
be lau' kya. tha le:

Keep the change
maan: ne. daw


lei zei

Bus Station
ba saka: hma' tain

Railway Station
buda youn

hou te

than youn:

hsei: youn

hsei: gan:

Police Station
ye: sa khan:

Post Office
sa dai


River Boat jetty
thin: baw: zei'

Guest house
e. yei' tha

sa: thau' hsain

Travel Related Links

Association of Southeast Asia NationsASEAN
Association of Southeast Asia Nations

Association of Southeast Asia NationsASEAN
Association of Sou<<4R543W90-=98theast Asia Nations

Pacific Asia Travel AssociationPacific Asia Travel Association

Myanmar Hotelier Association
Myanmar Hotelier Association

  MTFMyanmar Tourism Federation

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Building No. (33), Nay Pyi Taw, Union of Myanmar.
Union of Myanmar.


Tel: 95 67 406129, 406130,
406460, 406244

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