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Myanmar Tax Information

5% commercial tax

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

Lawyer Services to Invoice

  • Legal consultation
  • Document review
  • Contract drafting
  • Litigation
  • Court appearances
  • Research
  • Retainer services

Invoice Requirements in Myanmar

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

Payment Terms

Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

ငွေသား15 ရက်30 ရက်အကြွေး

Payment Methods in Myanmar

Bank TransferKBZPayWave MoneyCB PayCash

Lawyer Invoice Tips

  • Bill in standard increments
  • Detail each task
  • Reference case number
  • Separate disbursements
  • Include trust account details

Frequently Asked Questions

What tax rate applies to lawyer 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 lawyers in Myanmar?

Common payment methods in Myanmar include: Bank Transfer, KBZPay, Wave Money, CB Pay, Cash. Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

What should lawyer invoices include in Myanmar?

Your invoice should include: Tax registration number, Business license, Client details, Commercial tax (5%). For lawyer services specifically, also include: Legal consultation, Document review, Contract drafting.

How should lawyers detail time entries?

Include date, task description, time spent, and attorney name. Use standard billing increments.

How do lawyers handle retainers?

Hold in trust. Bill against retainer and request replenishment when low.

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.