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100% Export-Oriented Investments can Apply for Tax Exemptions or Reliefs

Myanmar Investment Commission issued Notification No. 87/2017 on 20th Nov 2017 describing 100% export-oriented investments. In exercising of the power conferred under section 100(b) of the Myanmar Investment Law, the Myanmar Investment Commission has prescribed investment activities as 100% export-oriented investments if the investors supply all of their finished goods and semi-finished goods manufactured locally to investment businesses which are 100% export-oriented without supplying the domestic market.

The announcement is therefore made that such 100% export-oriented investments can apply for tax exemptions or reliefs in accord with the section 77(b) of the Myanmar Investment Law.