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 Incentives
According
to Myanmar Foreign Investment Law, Myanmar Investment Commission may
grant:-
- exemption
from corporate income tax for 3 consecutive years beginning with the
year in which the operation commences and a further tax exemption
for an appropriate period in case
- exemption
or relief from income tax on profit which is reinvested within one
year
- exemption
from custom duty and other internal taxes on imported raw materials
during the first three years of commercial production and operational
periods
- relief
from income tax up to 50% on the profit from exports.
- right
to deduct the research and development expenditure, etc.
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