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  • IRD Issues Important Public Ruling on Tax Avoidance and Evasion

    Content Types: ArticleRegions & Countries: MyanmarServices: TaxLegal
    On 16 November 2022, the Internal Revenue Department (“IRD”) issued Public Ruling 3/2022, which clarifies how the tax authorities will interpret tax avoidance, underpayment, false or misleading tax information, and tax evasion as provided under Myanmar’s Tax Administration Law (“TAL”). This Public Ruling will take effect on 1 January 2023. A summary of the Public Ruling is provided here.
  • ​Myanmar | New Organization Registration Law Enacted

    Content Types: ArticleRegions & Countries: MyanmarServices: Legal
    On 28 October 2022, the State Administration Council (“SAC”) enacted the Organization Registration Law (“ORL”) via Notification No.46/2022 as per the Section 419 of the Constitution of the Republic of the Union of Myanmar.
  • INGO Seminar on MOUs, Taxation and Liquidity Payments

    Content Types: ArticleRegions & Countries: MyanmarServices: TaxLegal
    DFDL Myanmar & Euracific Strategies Host INGO Seminar on MOUs, Taxation and Liquidity Payments
  • DICA Deregisters Companies Failing on Annual Return Submission

    Content Types: ArticleRegions & Countries: MyanmarServices: Legal
    The Directorate of Investment and Company Administration (“DICA”) under the Ministry of Investment and Foreign Economic Relations issued three notifications, namely, Notifications 58/2022, 59/2022, and 64/2022 in April 2022 (“Notifications”). As per the Notifications, 300 companies incorporated under the Myanmar Companies Law 2017 (“MCL”) which failed to submit their annual returns (“AR”) within the prescribed time period were struck off this...

    Content Types: ArticleRegions & Countries: BruneiIndonesia...Industries: Banking & FinanceInformation Technology
    COVID-19 has thrust the world into recession, which as a result akin to a domino effect, has led to rapid and accelerated change. Most notably, industries have pivoted online as we hurtle headlong into an increasingly digitalized society. In response to extended lockdowns, society has become more reliant on technology than it has ever been.
  • ASEAN Employment Legal Update – October 2020

    Content Types: ArticleRegions & Countries: CambodiaLaos...Services: Legal
    DFDL’s Employment Practice is dedicated to advising clients on employment and labor issues throughout Southeast and South Asia and preparing human resources documentation that is fully compliant with local laws.
  • Evolving M&A Trends: Private Equity Transactions Amid the COVID-19 Crisis

    Content Types: ArticleRegions & Countries: MyanmarSingaporeIndustries: Banking & FinanceMedical & HealthServices: Legal
    This article first appeared on the website of the Corporate and M&A Law Committee of the Legal Practice Division of the International Bar Association (here), and is reproduced by kind permission of the International Bar Association, London, UK. © International Bar Association.
  • Workforce Restructuring in Cambodia, Lao PDR, Myanmar, Thailand & Vietnam

    Content Types: ArticleRegions & Countries: CambodiaLaos...Industries: Medical & HealthServices: Employment & Immigration
    On 15 May 2020, the DFDL Employment & Labour Team organized a well-attended webinar on Workforce Restructuring in Cambodia, the Lao PDR, Myanmar, Thailand and Vietnam. Our panel of experts comprised Marion Carles-Salmon (Head of Regional Employment and Labor Practice), Tran Thi Vu Hanh (Partner), Kraisorn Rueangkul (Partner), Nishant Choudhary (Partner), Samnangvathana Sor (Senior Consultant, Cambodia), Standré Bezuidenhout (Senior...
  • Managing Your Tax Affairs in Myanmar During the COVID-19 Crisis

    Content Types: ArticleRegions & Countries: MyanmarIndustries: Medical & HealthServices: Tax
    DFDL Myanmar Tax Team organized a well-attended webinar on how to manage your tax affairs in Myanmar during the COVID-19 crisis. Jack Sheehan (Partner & Head of the Regional Tax Practice), Diberjohn Balinas (Senior Tax Manager) and Nay Nay Eaint (Tax Manager) shared their insights and expertise with the audience on how to deal with important tax-related matters during the COVID-19 pandemic.
  • Myanmar – Tax Pocket Guide 2020 Edition

    Content Types: GuideRegions & Countries: MyanmarServices: Tax
    Written by DFDL’s tax experts, this comprehensive guide offers a clear and detailed insight on taxation laws and practices in Myanmar.

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