Question 1

What is the standard Corporate Income Tax (CIT) rate in Myanmar?

Accepted Answer

Under the Income Tax Law and Union Tax Law, the standard statutory Corporate Income Tax rate is 22.0% on net taxable profits for resident corporations.

Question 2

What CIT rate applies to small and medium enterprises (SMEs) in Myanmar?

Accepted Answer

Newly established SMEs with annual net income under 10,000,000 MMK enjoy full corporate tax exemption for their initial 3 consecutive operational years.

Question 3

What is the corporate tax rate for companies listed on the Yangon Stock Exchange (YSX)?

Accepted Answer

Public companies listed on the Yangon Stock Exchange qualify for a preferential reduced Corporate Income Tax rate of 17.0%.

Question 4

What tax incentives are granted by the Myanmar Investment Commission (MIC)?

Accepted Answer

Under the Myanmar Investment Law (2016), MIC-approved investments in designated priority zones receive income tax exemptions for 3, 5, or 7 consecutive years.

Question 5

When is the annual corporate tax return due in Myanmar?

Accepted Answer

Corporate entities must file annual audited income tax returns within 3 months following the end of the fiscal income year (by June 30).

Statutory Component	Amount / Metric
Assessable Taxable Corporate Net Profit	--
Applicable Statutory Corporate Tax Rate	--
Corporate Income Tax Payable (IRD)	--
Net Retained Profit After Tax	--
Estimated Advance Quarterly Tax Payment	--

Myanmar Corporate Income Tax (CIT) Calculator

Parameters & Inputs

Statutory Calculation Breakdown

📊 Statutory Breakdown Matrix

About This Myanmar 🇲🇲 Statutory Calculator

Engr. Muhammad Shahzad