Myanmar Investment Commission tightens eligibility threshold for tax incentives

28 April 2026

The Myanmar Investment Commission (“MIC”) has introduced new minimum requirements that investors must satisfy to qualify for tax exemptions and relief. The rules were set out in Notification No. 1/2026 (“Notification”), issued on
16 March 2026.

Under the Notification, at least 35% of the total investment capital declared in an investor’s proposal and application for endorsement must be contributed in cash. Where foreign loans form part of the investment capital, investors are required to submit approval from the Central Bank of Myanmar together with the loan repayment schedule. Documentary evidence showing that both the foreign loan and the foreign capital have been remitted in cash through an authorised bank must also be provided.

These conditions sit within the broader framework established in the Myanmar Investment Rules, which sets out criteria the MIC considers when granting tax exemptions or relief. The requirements introduced under the Notification represent the minimum threshold that companies must clear to be considered eligible for such incentives.