Payroll and Benefits Guide - Myanmar

Myanmar
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Currency

Burmese Kyat
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Capital

Naypyidaw
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Employer Taxes

3.00%

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Date Format

dd/mm/yyyy
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Fiscal Year

1 Oct – 30 Sept

Fun Facts

Myanmar, also known as Burma, is a country located in Southeast Asia.

The official name of the country is the Republic of the Union of Myanmar.

Myanmar is home to over 100 different ethnic groups, each with its own distinct language, culture, and traditions.

Myanmar has a rich cultural heritage, including traditional arts and crafts such as weaving, pottery, and lacquerware.

Myanmar has a diverse range of landscapes, including beautiful beaches, lush forests, majestic mountains, and serene lakes.

Myanmar is the largest country in mainland Southeast Asia

Myanmar

Contributions

Employee Payroll Tax

Contribution TypeRate
Social Security2.00%

Employer Payroll Tax

Contribution TypeRate
Social Security3.00%

Payroll

Payroll Cycle

The payroll cycles are Daily/ Weekly/ Bi-weekly/ Monthly

13th Salary

There are no provisions in the law regarding 13th salaries. However, bonuses are common at the employers’ discretion.

Work Hours and Week

8 hours per day and must not exceed 48 hours per week.

Overtime

In Myanmar, overtime must be compensated at a rate of 1.5 times the regular hourly wage, and the total number of overtime hours per week should not exceed 16 hours.

Myanmar

Leave

Paid Time Off

Employees are entitled to 10 days of paid annual leave.

Public Holidays

There are 16 holidays.

Sick Days

Employees in Myanmar with six months of service are entitled to 26 weeks of sickness per year, with compensation for the first 30 days; those with less than six months of service can take sick leave but without pay.

Maternity Leave

In Myanmar, employees are entitled to 14 weeks of paid maternity leave, beginning six weeks before the expected due date and lasting for eight weeks after birth, with the possibility of additional leave for multiple or complicated births, as well as six weeks of leave in the case of a miscarriage.

Paternity Leave

Fathers are entitled to 15 days of paid paternity leave for the birth of a child. If an employee fathers twins, the entitlement increases to 37.50% and 50.00% in the case of triplets

Parental Leave

There is no parental leave apart from maternity and paternity leave.

Termination

Termination Process

Employers can terminate a fix term contract by giving the following reasons – business, personal, or workers misconduct. It requires notice and a written explanation for the termination. If the reason is misconduct, a warning needs to be given, and the employee gets a chance to explain actions.

Notice Period

The general notice period is Myanmar is one months’ notice.

Severance Pay

Severance pay is determined by the length of employment:

  • 6 months to 1 year- half a month’s wages
  • 1-2 years- 1 months’ salary
  • 3-4 years- 2 months’ salary
  • 4-6 years- 4 months’ salary
  • 6-8 years- 5 months’ salary
  • 8-10 years- 6 months’ salary
  • 10-20 years- 8 months’ salary
  • 20 to 25 years- 10 months’ salary
  • Over 25 years- 13 months’ salary

Probation Period

Probation Period

Typically, the probation period lasts up to 90 days.

Immigration

Citizens of most countries need to apply for a visa before they travel to Myanmar. However, there are countries whose citizens can get a Myanmar visa through a facilitated process: online or on arrival. Additionally, citizens from a few select countries are exempt from holding a visa at all if they are traveling for short-term purposes, such as business or tourism.

There are three ways through which visa-required foreigners can get a visa for Myanmar:

  • At an Embassy or Consulate of Myanmar
  • Online (Myanmar eVisa)
  • On Arrival

For Work Permits

Employment Visa

Business Visa with Work Permit

Expert Work Permit

Stay Permit with Work Endorsement

Social Visit Visa with Work Permit

VAT

There is no VAT in Myanmar. The indirect tax in Myanmar is commercial tax, with a general rate of 5.00%.