Hotline: +84(0)945 086 038

FAQs

Tax and accounting in Myanmar

1. How many kinds of tax, the new company has to pay every year?

1. How many kinds of tax, the new company has to pay every year?1. How many kinds of tax, the new company has to pay every year?

Labour and labour law

1. The number of employees we want to recruit is 5 new foreign staff. Do we need to register for them? And how we can do that? How about the work permit and temporary residence card (TRC)?

1. The number of employees we want to recruit is 5 new foreign staff. Do we need to  register for them? And how we can do that? How about the work permit and   temporary residence card (TRC)?The number of employees we want to recruit is 5 new foreign staff. Do we need to register for them? And how we can do that? How about the work permit and temporary residence card (TRC)?

2. When do we need to pay for staff insurance? And how much are we supposed to pay for that?

2. When do we need to pay for staff insurance? And how much are we supposed to pay for that?2. When do we need to pay for staff insurance? And how much are we supposed to pay for that?

3. We do not know the standard employment contract; can you help us with that?

3. We do not know the standard employment contract; can you help us with that?We do not know the standard employment contract; can you help us with that?

4. Does the company need to pay for personal income tax for the employee?

4. Does the company need to pay for personal income tax for the employee?Does the company need to pay for personal income tax for the employee?

5. What legal documents regulate about labor issues in Myanmar?

5. What legal documents regulate about labor issues in Myanmar?What legal documents regulate about labor issues in Myanmar?

6. We want to recruit the foreign employee for our company, what documents should we need to obtain for him?

6. We want to recruit the foreign employee for our company, what documents should  we need to obtain for him?We want to recruit the foreign employee for our company, what documents should we need to obtain for him?

General questions

1. We don't know much about Myanmar. Can we have some information about your country and people?

1. We don't know much about Myanmar. Can we have some information about your  country and people?We don't know much about Myanmar. Can we have some information about your country and people?

2. Does Burmese government support foreign companies who invest into this country? What kind of support do we receive when we operate in Myanmar?

2. Does Burmese government support foreign companies who invest into this   country? What kind of support do we receive when we operate in Myanmar?Does Burmese government support foreign companies who invest into this country? What kind of support do we receive when we operate in Myanmar?

3. What are the most dynamic and profitable businesses and industries in Myanmar? For an investor, what industries are potential and worth investing?

3. What are the most dynamic and profitable businesses and industries in Myanmar?  For an investor, what industries are potential and worth investing?What are the most dynamic and profitable businesses and industries in Myanmar? For an investor, what industries are potential and worth investing?

Company formation in Myanmar

1. What are the possible forms of business in Myanmar?

1. What are the possible forms of business in Myanmar?What are the possible forms of business in Myanmar?

2. What are the types of company we, as a foreign investor, can engage in?

2. What are the types of company we, as a foreign investor, can engage in?In Myanmar, Investors can choose one of the following types for their incorporation:Limited Liability Company (LLC). A limited liability company may be 100% owned by foreign investors except in certain industries that are closed to private...

3. What is the procedure to set up a foreign owned company in Myanmar?

3. What is the procedure to set up a foreign owned company in Myanmar?Yangon is divided into 4 districts, and 33 townships. Each township is then divided into a certain number of wards, which is the smallest administrative unit grouping several households or ‘each block’. The ‘ward chief’ provides a letter confirming...

4. How long does it take to incorporate the company in Myanmar?

4. How long does it take to incorporate the company in Myanmar?Incorporation Company in Myanmar normally takes from 40-60 days. 

5. What are required documents for company incorporation in Myanmar?

5. What are required documents for company incorporation in Myanmar?The application to the CRO for a Registration Certificate is to be accompanied by the following documents...

Services

1. We want to incorporate our business in Myanmar, how would your company help us with our project? We’re going to sell our products in Myanmar, how could you help us?

1. We want to incorporate our business in Myanmar, how would your company help us with our project? We’re going to sell our products in Myanmar, how could you help us?We want to incorporate our business in Myanmar, how would your company help us with our project? We’re going to sell our products in Myanmar, how could you help us?

2. We want to set up a trading company in Yangon, could you help us to obtain the investment certificate?

2. We want to set up a trading company in Yangon, could you help us to obtain the  investment certificate?We want to set up a trading company in Yangon, could you help us to obtain the investment certificate?

3. My management is going to have a business tour to Yangon, could you arrange for that?

3. My management is going to have a business tour to Yangon, could you arrange for that?My management is going to have a business tour to Yangon, could you arrange for that?

4. We are in need of a Country Representative for our business setup in Myanmar; do you offer us the Executive Search service?

4. We are in need of a Country Representative for our business setup in Myanmar; do  you offer us the Executive Search service?We are in need of a Country Representative for our business setup in Myanmar; do you offer us the Executive Search service?

The stuffs we did

The stuffs we did Viettonkin Consulting - Myanmar under Viettonkin Myanmar is a subsidiary of Viettonkin Joint Stock... To the portfolio

A word from our clients

How to get touch with us?

Viettonkin Myanmar
Viettonkin Consulting - Myanmar
No. (97-B), Wadan Street, Lanmadaw Township, Yangon, Myanmar

Phone/Fax: (+95) 9 26138 2778/ 9261382779
Hotline: +84 945086038

E-mail: info@viettonkinmyanmar.com

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