Overview
Payroll Cycle
Employer Contributions
Employee Contributions
Minimum Wage
Hiring
Hiring Employees
Hiring Contractors
Hiring Expats
Background Checks
Employment Contracts
Onboarding
Employee Benefits
Social Security
Healthcare and Insurance
Leave Policy
Public Holidays
Work Permit and Work Visa
Probation Period
Notice Period
Termination and Severance
Personal Income Tax
Below are some of the factors to consider while employing your remote team in Myanmar. An employer of record in Myanmar will be able to help with any additional information.
Overview | |
Continent | Asia |
Country | Myanmar |
Capital | Naypyitaw |
Time zone | UTC+06:30 (MST) |
Total Time zones | 1 |
Working hours per week | 40 |
Working week | Monday–Friday |
Typical hours worked | 8 |
Personal Tax filing deadline | Within three months from the end of the income year. 1.e. 31st December |
Financial Year | October 1st to September 30th |
Date format | dd/mm/yyyy |
Currency | Myanmar kyat (MMK) |
Employers | % of Gross Salary |
Social Security | 3% |
Total Employer Cost | 3% |
Employees | % of Gross Salary |
Social Security | 2% |
Total Employee Cost | 2% |
Minimum Wage | |
Minimum Wage | The minimum wage in Myanmar (Burma) is 4800 MMK per day. |
Payroll | |
Payroll Cycle | Bi-Weekly, Monthly |
13th Salary | There are no provisions in the law regarding 13th salaries. |
Income Tax | |
Income Range | Tax Rate |
Up to 2,000,000 MMK | 0% |
2,000,001 - 5,000,000 MMK | 5% |
5,000,001 - 10,000,000 MMK | 10% |
10,000,001 - 20,000,000 MMK | 15% |
20,000,001 - 30,000,000 MMK | 20% |
Over 30,000,001 MMK | 25% |