Myanmar is one of the remaining frontier markets which is expected to become Asia’s next rising star. Over the past five years, the government has established the necessary fundamental building blocks to tap into the country’s true potential and multiple changes in regulations are already being undertaken to support the economy. Prior to the elections in November 2015, the economy was already projected to grow at a rate of 7 to 8% annually and broad market sentiment is hoping that this can further improve with the National League for Democracy (NLD) winning the elections and about to come to power.
Learn more about some current tax planning opportunities and some of the potential pitfalls to be avoided in structuring contracts.
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