ANNOUNCEMENT 27 Jan 2011In January 2011, the government of Myanmar announced changed incentives for foreign investors entering the country.
NUMBER OF INTERVENTIONS
Special Economic Zone Law No. 8/2011 (in English), http://arakanoilwatch.org/wp-content/uploads/2013/01/The-Myanmar-Special-Economic-Zone-Law.pdf
UNCTAD report (in English), http://unctad.org/en/Docs/webdiaeia20115_en.pdf
On 27 January 2011, Myanmar passed the Special Economic Zone Law No. 8/2011 which provides tax incentives for foreign investors. This new law aims at attracting more foreign direct investment to boost the country's economy. Investors in the Special Economic Zone may apply for tax exemptions and tax reliefs.