The change in the accounting period in Myanmar, which I mentioned the other day, has been decided.
The closing date for all companies is the end of September.
This year, it’s been half a year.
April 1, 2019-September 30, 2019
Next term is October 1, 2019-September 30, 2020
We will inform the adviser regarding the points to be discussed.
It is not only for tax matters but also for the settlement of company law, but it seems that nothing is done under corporate law.
You also need to worry about IFRS, presentation, and audit care.
Whether the PIT deduction will be reduced by half or how to handle the 183 day rule etc. remains unclear.
Since it is a notification that does not take much care, issues will come up and it will be necessary to make decisions.