Myanmar's New Foreign Investment Law Overview

Notification 51/2014 - ineligibility for tax breaks ODFDL LEGAL & TAX FIL provides tax exemptions and relief for foreign investors with an MIC permit. Investment activities that are ineligible for these tax breaks include: Manufacturing of alcohol, beer, cigarettes and similar goods and related services; Industries which do not require high technology or where the investment amount is small; Logging; Restaurants and sale of food.

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