Businesses operating in Myanmar are reminded that the Third (3rd) Quarter Annual Tax Return must be submitted to the Internal Revenue Department (IRD) by 31
Effective financial management is a fundamental part of running a successful business. Whether you are a small enterprise or a large corporation, maintaining accurate financial
In Myanmar’s evolving business landscape, financial compliance is a critical pillar for corporate success. Whether you’re a local enterprise or a foreign-invested company, staying compliant
Bookkeeping is the process of recording, organising, and maintaining a company’s financial transactions and activities. For small and medium-sized enterprises (SMEs), a strong bookkeeping system
In today’s fast-paced business environment, having reliable accounting and bookkeeping solutions is essential for maintaining financial health and compliance. However, many companies face the choice
As we approach the end of the year, businesses across Myanmar are gearing up for a critical process: wrapping up their financial affairs. The financial
Top 3 benefits we want to share, which our clients have experienced after they decided to outsource their bookkeeping and accounting; especially during COVID-19 where
The mission of AMCHAM Myanmar is to promote and connect American business in Myanmar by encouraging local partnerships and upholding the highest business standards. The
The Government in Myanmar is reviewing tax laws with potential changes expected in the near future. For companies, correct tax reporting will be even more
The National Assembly has passed the Myanmar Companies Law (the “Law”). After extensive debate on various aspects of this long awaited Myanmar corporate reform the
Considerable work amalgamating many documents is now complete within a publication by the ILO for companies, employees and Government departments, offering guidance on regulations relating
Contract Staffing and Payroll Services are now a very popular solution in Myanmar. Why companies are choosing FocusCore and MyWorld Careers in Myanmar. The staff
The key figure is 100. Projects that move over 100 people or projects with budgets of over $100m or projects targeting areas of over 100
$1.8bn, $8.5bn – the budgets for special economic zones in Myanmar as detailed in our recent blogs. The economic pace is attracting more companies to
We use for our own bookkeeping and for our clients a Xero Accounting system. These on-line services, which are secure and backed up with resilient
Small and medium size companies all over the world face many similar issues. Probably the most important and one that can make or break progress,
