Legal Updates
Myanmar: Key Changes under the SAC’s 2023 Union Tax Law
DFDL Myanmar
6th April 2023
On 30 March 2023, the State Administration Council enacted the 2023 Union Tax Law, which clarifies the tax rates and related procedures concerning income tax, commercial tax, and specific goods tax. This new law is effective on 1 April 2023 or the start of the new financial year 2023-2024 in Myanmar.
On 30 March 2023, the State Administration Council enacted the 2023 Union Tax Law (“2023 UTL”), which clarifies the tax rates and related procedures concerning income tax, commercial tax, and specific goods tax. This new law is effective on 1 April 2023 or the start of the new financial year 2023-2024 in Myanmar.
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DFDL Myanmar
- Myanmar
- dfdl.com
Founded in 1995, DFDL is one of the oldest foreign legal and tax firms in Myanmar.
DFDL provides a full range of legal and tax services to foreign and local investors operating in Myanmar. Our team of more than 30 experienced local lawyers and foreign legal advisers in Yangon and Naypyidaw provides efficient, effective, and practical legal services at an international standard, coupled with a high level of personal in-depth knowledge of the local environment.
DFDL is best placed to advise Asian and international companies on their investments in Myanmar.
Our Myanmar business unit is led by Partner and Managing Director William D. Greenlee, Jr.
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