THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Myanmar.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Myanmar, also known as Burma. Your candidate is hired via our Myanmar PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
Payroll in Myanmar.
Myanmar is a Southeast Asian country with a population of over 53 million. The country includes more than 100 ethnic groups and borders other powerhouses such as India and China. Although much of the population lives in rural areas, Yangon, the country’s largest city, features many busy markets, parks and lakes.
Hiring in Myanmar.
You may know Myanmar as Burma, the country’s official name until 1989. When you expand to this country, you’ll need a full staff of talented employees who will help you build a new company location. Do you know where to find those employees? Many companies expand to Myanmar, expecting to hire employees like they do in another country. However, you need to follow specific Burmese employment compliance laws to stay compliant throughout the process.
Compensation & Benefits in Myanmar.
Compensation & Benefits in Myanmar.
Myanmar, informally known as Burma, has compensation and benefits laws like any other country. As an international employer, you’ll need to determine salary requirements and a benefits management plan to succeed in Burma. Without meeting these laws, you run the risk of incurring fines or delaying the incorporation process.
Myanmar Subsidiary.
If you want to expand your company in Myanmar, informally known as Burma, the first thing you need is a registered subsidiary. However, incorporating in the country is often more difficult than you may expect, as you have to learn a whole new set of laws and how to set up a Myanmar subsidiary. Do you have the time, knowledge, and energy to set up a subsidiary while continuing to run your company? If not, you can rely on G-P for a fast and easy expansion process.
Myanmar Visas & Permits.
Myanmar, formerly known as Burma, offers a wealth of opportunities for companies exploring the possibility of expanding into the global marketplace. If your business is planning to expand or outsource operations in Myanmar, you’ll need to put together a talented team of employees to make sure the transition is smooth and successful. However, you’ll need to ensure that any employees who are willing to relocate have the visas and permits they need to live and work in Myanmar.