EOR Service in Myanmar

Hire, Onboard and Pay Employees in Myanmar Quickly and Efficiently

Hiring in Myanmar at a glance

CURRENCY
Burmese Kyat (MMK)
working hours
40 hours per week
public/bank holidays
16 Days
capital
Naypyidaw
language
Myanmar (Burmese)
date format
dd/mm/yyyy
remote workers
1.2M
tax year
1 October - 30 September
minimum hourly salary
No minimum wage
CURRENCY
Burmese Kyat (MMK)
working hours
40 hours per week
public/bank holidays
16 Days
capital
Naypyidaw
language
Myanmar (Burmese)
date format
dd/mm/yyyy
tax year
1 October - 30 September
payroll frequency
Daily/ Weekly/ Bi-weekly/ Monthly
GDP
$59.36 B (2022)

Employer of Record in Myanmar

Myanmar, located in Southeast Asia, is characterized by a diverse economy driven by industries such as agriculture, extractive industries (precious stones), and tourism. The 2021 GDP is estimated at $258 billion, with a per capita income of $1,422. While ranking 147 in the Human Development Index, key cities like Yangon and Mandalay are economic hubs. Utilizing an Employer of Record (EOR) for businesses operating in Myanmar can facilitate compliance with local labor laws and streamline operations.

Why use Myanmar EOR?

For employers looking to establish a foothold in Myanmar, a country with rich cultural diversity and economic potential, there are both promising opportunities and unique challenges. 


For employers, particularly from business-friendly nations, Myanmar’s labor laws can be challenging. For example, laws around how employers should frame employment contracts are quite flexible in the UK and the USA. However, laws around creating employment contracts are quite rigid. Particularly, laws around termination are highly regulated in Myanmar. 


A Myanmar Employer of Record (EOR) or Professional Employer Organization (PEO) can ensure compliance with these local laws. By offloading these duties to an EOR like Gloroots, you are equipped with more time to screen the right candidate.

EOR Costs in Myanmar

The cost of EOR/PEO services in Myanmar is determined by several factors, encompassing the number of employees, the scope of required services, and the project's complexity. Typically, the pricing structure involves a monthly fee per employee or a percentage of their salary. Additional charges may apply for personalized services or specific business requirements. For a customized and transparent pricing package that aligns with your business objectives in the Myanmar market, we recommend consulting with our esteemed EOR partner, Gloroots. Their expertise ensures a comprehensive understanding of your distinct needs, facilitating a cost-effective and seamless expansion into Myanmar.


Key Metrics For Foreign Employers 

Cost-Effective Labor: Myanmar offers a generally more cost-effective workforce than many other regions. This can significantly reduce labor costs for your business, especially for roles where remote work is feasible or if you're considering offshore operations.

Young and Growing Workforce: Myanmar has a relatively young population, with a median age of around 28 years. This demographic trend suggests a dynamic and potentially long-term workforce that can be trained and developed for future needs.

Emerging Market with Growth Potential: Myanmar is considered an emerging market with significant growth potential. Engaging with talent from such markets can provide early-mover advantages and insights into new consumer bases and business landscapes.

Business-Friendly Policies: While Myanmar’s political landscape has been complex, there have been efforts to create a more business-friendly environment, particularly aimed at foreign investment and international collaboration. These policies can facilitate smoother business operations and collaborations.

Geographic Advantage for Certain Industries: For businesses looking to expand in Southeast Asia or needing a strategic location in this region, employing talent from Myanmar can provide a geographical advantage.


Why work in Myanmar?

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Grow your team in Myanmar

Whether you're aiming to strengthen your workforce in the rapidly growing tech industry or seeking experienced leaders to oversee operations, Myanmar presents diverse opportunities.

Navigating Myanmar's unique business landscape and fulfilling specific skill requirements can be efficiently achieved by partnering with Gloroots. Their local expertise ensures a seamless recruitment process, compliance with regulations, and successful integration into the Myanmar market.

Risks of misclassification

In Myanmar, effectively navigating the challenge of "Misclassification of Workers" is paramount, as inaccuracies in categorizing employees can lead to substantial risks, such as misidentifying independent contractors or wrongly classifying individuals as exempt from specific regulations. Engaging a PEO/EOR can help you address and mitigate these risks. Partnering with Gloroots, a trusted ally, ensures a steadfast commitment to strict adherence to labor laws, precise worker classification, streamlined payroll management, and comprehensive employee benefits.

Entrusting these responsibilities to seasoned professionals guarantees a compliant and efficient experience within Myanmar's intricate labor landscape. This commitment fosters operational efficiency and instills confidence in your business endeavors within the Myanmar market, safeguarding against potential pitfalls associated with worker misclassification.

Contact Us

Avoid hefty penalties with Gloroots.

Use our free employee misclassification risk calculator to estimate your risk level.

Calculate Now

Employing in Myanmar

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Tax

Tax and Social Security contribution:

Employer Payroll Contribution

Tax Rate Description
Social Security 3.00% (a maximum monthly wage of 300,000 MMK)
Total Employment Cost 3.00%

Employee Payroll Contribution

Tax Rate Description
Social Security 2.00% (a monthly salary cap of 300,000 MMK)
Total Employee Cost 2.00%

Employee Income tax

Rate Income
0.00% up to 2,000,000 MMK
5.00% 2,000,001 MMK – 5,000,000 MMK
10.00% 5,000,001 MMK – 10,000,000 MMK
15.00% 10,000,001 MMK – 20,000,000 MMK
20.00% 20,000,001 MMK – 30,000,000 MMK
25.00% 30,000,001 MMK and above

Separation

Employers can conclude a fixed-term contract based on business, personal, or worker misconduct reasons. The termination process necessitates providing notice and a written justification. In cases of misconduct, a prior warning is required, allowing the employee an opportunity to clarify their actions.

Prior to termination for misconduct, the employee should receive one written and two verbal warnings. If another breach occurs within 12 months after the third warning, the employer can terminate the employee without notice or severance pay. In cases where the employer initiates termination, wages must be paid within two working days from the last day of employment.

Severance Pay

Severance pay in Myanmar is determined based on the employee's length of service. For individuals with a tenure ranging from 6 months to 1 year, the severance is equivalent to half a month's wages. Those employed for 1 to 2 years are entitled to 1 month's salary, while employees with 3 to 4 years of service receive 2 months' salary. The scale increases progressively, with individuals serving 4 to 6 years entitled to 4 months' salary and those with 6 to 8 years receiving 5 months' salary. Further increments are observed for employees with 8 to 10 years (6 months' salary), 10 to 20 years (8 months' salary), 20 to 25 years (10 months' salary), and those with over 25 years of service eligible for 13 months' salary as severance pay.

Notice Period

In Myanmar, the standard notification period is one month.

Probation period

Usually, the probationary period extends for a maximum of 90 days.

Start Hiring in Myanmar today

Expanding your workforce worldwide has many compliance challenges — from employment laws to data protection and diversity requirements. At Gloroots, we help you streamline this process with our EOR platform. Our experts handle everything from employment contracts to on-time payments and compliant benefits. This way, you can concentrate on talent acquisition while we ensure a stress-free global employment experience for both you and your employees. Connect with our experts today to kickstart your global hiring journey.

Are you Ready to
Experience Seamless Hiring in Myanmar?

Let us take care of all your employment needs. We guarantee easy onboarding & compliant workforce management in Myanmar.

Speak to our Expert