Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
 Issue 2 - Apr/May/Jun 2023
 

Use of E-Tax Registration System

Myanmar's Internal Revenue Department ("IRD") has informed newly-registered companies, entities, and individuals to register for tax using the e-Registration Management System ("ERMS") commencing 23 May 2023.


Before the ERMS was put in place, taxpayers applying for a Taxpayer Identification Number ("TIN") had to manually submit the application to IRD's Central Taxpayer Service Unit ("CTSU"), and the processing of the application could take up to two weeks. With the new system, companies, entities and individuals may now apply for a TIN by registering via their accounts on the IRD website. Currently, only TINs may be registered through the ERMS. It does not extend to registrations for commercial tax and special goods tax.



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

 

Rajah & Tann
Myanmar Company Limited
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No.3A Bogyoke Aung San Road,
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Yangon, Myanmar
http://mm.rajahtannasia.com

Contacts:

Dr Min Thein
Managing Partner
D +951 9345343
F +951 9345348
min.thein@rajahtann.com

Chester Toh
Director
D +65 62320220
chester.toh@rajahtann.com

Jainil Bhandari
Director
D +65 62320601
jainil.bhandari@rajahtann.com

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