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Myanmar

At a glance

  • Capital

    Naypyidaw

  • Currency

    Myanmar Kyat (K, MMK)

  • Official Languages

    Burmese (official language)

  • Population Size

    57,526,449 (2022)

  • Ease of doing business

    Below Average

  • VAT

    No VAT. A 5% general indirect tax for commercial tax

About

After years of military dictatorship, Myanmar elected a civilian government in 2010, followed by a landslide victory for Aung San Suu Kyi’s party in 2015. Since then, Myanmar has embraced development and tourism growth. The capital city is Naypyidaw, with Rangoon (Yangon) as its largest city. Rich in jade, gemstones, oil, natural gas, and other mineral resources, Myanmar offers growing opportunities for business expansion.

Mauve works closely with expert local partners in Myanmar to provide seamless global payroll outsourcing, Employer of Record solutions, and comprehensive payroll services. Whether you’re hiring locally or expanding your global footprint, Mauve is ready to support your compliance and workforce management needs with tailored in-country expertise.