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Myanmar Tax Information

5% commercial tax

Commercial Tax is 5% on goods/services. No VAT system. Registration required for businesses.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Myanmar

Tax registration number
Business license
Client details
Commercial tax (5%)
Total in MMK

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

ငွေသား15 ရက်30 ရက်အကြွေး

Payment Methods in Myanmar

Bank TransferKBZPayWave MoneyCB PayCash

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Myanmar?

Myanmar has 5% commercial tax. Commercial Tax is 5% on goods/services. No VAT system. Registration required for businesses.

What payment methods are common for bookkeepers in Myanmar?

Common payment methods in Myanmar include: Bank Transfer, KBZPay, Wave Money, CB Pay, Cash. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Myanmar?

Your invoice should include: Tax registration number, Business license, Client details, Commercial tax (5%). For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

Does Myanmar have VAT?

No, Myanmar uses Commercial Tax system instead of VAT. Standard rate is 5% on most goods and services, with some items at 8%, 15%, or 25% rates depending on category.