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Understanding the Myanmar Investment Law: A Guide for Business Owners and Investors

Insights, Featured / admin / November 9, 2025 / Myanmar

Understanding the Myanmar Investment Law: A Guide for Business Owners and Investors The Myanmar Investment Law (Pyidaungsu Hluttaw Law No. 40/2016) was enacted to promote responsible, sustainable, and transparent investment within the country. Together with the Myanmar Investment Rules (2017), it provides a clear framework for both local and foreign investors to operate with legal […]

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Register with Department of Business Development (“DBD”) in Thailand

Regulatory & Compliance / admin / July 7, 2024 / Thailand

The Department of Business Development (DBD), part of Thailand’s Ministry of Commerce, oversees the registration and documentation of businesses in the country. The DBD Data Warehouse is an online platform offering detailed information on Thai legal entities. The registration businesses are the following; Type of Business Local Private company • No Limit capital. •

Foreign Business License (FBL) holding companies

Regulatory & Compliance / admin / July 7, 2024 / Thailand

The Foreign Business License is a permit that allows foreign nationals to operate businesses in sectors that are normally restricted to foreign investors under the Foreign Business Act (FBA). Unlike BOI companies that get lots of benefits, FBL companies are usually subject to more restrictions than regular private companies.

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Register with Department of Business Development (“DBD”) in Thailand

Regulatory & Compliance / admin / July 7, 2024 / Thailand

Companies that are promoted by Thailand’s Board of Investment can have the majority or 100% foreign ownership, depending on the industry and the specific incentives granted by the BOI. This includes a 100% foreign-owned company operating in Thailand whilst having several advantages such as tax reductions, as well as not capital and staff limited number

Corporate Income Tax

Tax & Financial Updates / admin / July 7, 2024 / Thailand

Taxable profit Thai Company Net profit generated globally Foreign Company with PE in Thailand Net profit generated in Thailand Foreign Company with no PE in Thailand Service Fees, Dividends, Rental, Interest Small company with net profit not exceeding 0.3m Baht Exempt Small company with net profit between 0.3m and 3M Baht 15% Small company with

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Tax Compliance and Filling

Tax & Financial Updates / admin / July 7, 2024 / Thailand

Types of tax Document Reference Submission Requirement Withholding Tax – PIT PND 1 Within 7 days of next month Withholding Tax – Individual PND 3 Within 7 days of next month Withholding Tax – Companies PND 53 Within 7 days of next month VAT 7 % PP 30 Within 15 days of next month Social

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Book-keeping and Financial Reporting

Tax & Financial Updates / admin / July 7, 2024 / Thailand

Book-keeping and Financial Reporting Read More »

Myanmar Accounting Firm

News / admin / October 22, 2021 / Myanmar

Competency Business Solution is setup to provide business services from start up to your long term business growth with professional skills and best advises.We are a myanmar accounting firm “Competency Biz“.

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One of the accounting firm in Myanmar

News / admin / October 18, 2021 / Myanmar

K & A was reformed as Competencybiz in Oct 2021. We aim to provide more service and support to our client’s business growth. Competency Business Solutions

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Myanmar Investment Law

Investment & Business Structuring / admin / August 30, 2021 / Myanmar

One of our partner – Mrs.May Thu Hlaing have made a brief explanation of Myanmar Investment Law 2017 for company who wants to establish and invest in Myanmar. We have provide a download link to read more about Myanmar Investment Law 2017. Here is the link. Myanmar Investment Law 2017 by Mrs May Thu Hlaing

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