Timetric’s Myanmar fiscal regime report outlines the governing bodies, laws, rights and obligations and tax-related information on four commodities: zinc, copper, gold and silver.
Timetric's fiscal regime report covers Myanmar, which has a history of mining gold, silver, amber gemstones and antimony. The Myanmar Mines Law was formed in 1994. All minerals found either on or under the soil are owned by the state.
The report outlines the governing bodies, laws, rights, obligations and key fiscal terms which includes royalty, corporate income tax, withholding tax, capital gains tax, loss carry forward, allowable area and dead rent.
Reasons To Buy
Gain an overview of Myanmar’s mining fiscal regime
The Ministry of Mines is responsible for mining in Myanmar.
The Myanmar Mines Law, enacted on September 6, 1994, is the country’s main law in respect of mining.
A prospecting permit holder must carry out prospecting operations for minerals relating to the permit within the prospecting area.