Are you having challenges to hire and manage employees in Myanmar?
Tap onto a wider talent pool in Myanmar to fast track your business expansion.
This is a common struggle for many high growth companies due to the language barriers, cultural differences and the complex, ever-changing employment laws. Look no further than our employer of record solution.
We provide a comprehensive employment solution, so you can focus on your core business while we take care of the rest.
Why Choose Our Employer of Record Solution?
1. Compliance with local employment laws
2. Reduced hiring time and cost
3. Minimized legal and financial risks
4. Dedicated HR support and expertise
5. Seamless onboarding and payroll management
6. Access to a wider talent pool
How Our Employer of Record Solution Works?
Our process is simple and efficient. First, we hire the employee on your behalf and become their official employer.
Then, we manage all legal and administrative tasks, including payroll, taxes, benefits, and compliance.
Finally, we work closely with you to ensure a smooth and successful
Why Choose Us as Your Employer of Record?
1. Price transparency
Our solution offers complete transparency in pricing, so you know exactly what you’re paying for and can manage your workforce costs more effectively.
Our all-in-one compliance management system simplifies HR processes across jurisdictions, freeing up your time to focus on growing your business.
With our platform, you have access to local compliance experts who can guide you through the complexities of managing a distributed workforce, ensuring that you stay compliant with local laws and regulations.
Get Started Today : Don’t let the complexities of employment laws in Myanmar slow down your business growth.
Choose our employer of record solution and simplify your hiring process.
Contact us today to learn more and get started.
Myanmar Country Overview
Myanmar, also known as Burma, is a country located in Southeast Asia. Myanmar is the largest country in mainland Southeast Asia and has a population of approximately 53 million people. The official language is Burmese and the currency is Kyat.
The country has a diverse mix of ethnic groups and a rich cultural heritage, including Buddhist temples and colonial architecture. Myanmar has faced political turmoil and human rights issues in recent years, including military rule and ongoing conflict with ethnic minority groups.
The economy of Myanmar is primarily based on agriculture and natural resources, such as timber and precious stones.
Kyat (Burmese Kyat)
Federal republic with a semi-presidential system of government
In Myanmar, there are several types of employment contracts, including:
A contract for a specific period of time, usually for a project or seasonal work.
2. Indefinite contract:
A contract with no set end date, usually for regular full-time employees.
3. Part-time contract
A contract for part-time work, typically with reduced hours compared to full-time employees.
4. Probationary contract
A contract for a new employee, typically lasting for a probationary period of up to 6 months.
5. Temporary contract
A contract for a short-term period, usually for a specific task or project.
6. Apprentice contract
A contract for individuals undergoing on-the-job training.
7. Internship contract
A contract for individuals participating in an internship program.
It is important to note that the specifics of these contracts, including their terms and conditions, can vary based on the particular employer and the individual’s job duties.
In Myanmar, the standard work week is typically 44 hours, spread over six days (Monday to Saturday). The maximum number of working hours per week, including overtime, is limited to 48 hours by law
Myanmar has several national holidays throughout the year, including:
1. New Year’s Day (January 1)
2. Union Day (February 12)
3. Peasants’ Day (March 2)
4. Armed Forces Day (March 27)
5. Labor Day (May 1)
6. Martyrs’ Day (July 19)
7. Independence Day (January 4)
8. Christmas Day (December 25)
9. Buddhist Lent Day (July)
10. Thadingyut Festival (October)
11. Tazaungdine Festival (November)
12. National Day (November)
In Myanmar, employees and employers are required to contribute to a number of government social security programs to provide benefits for workers.
The main government organizations responsible for social security in Myanmar are the Social Security Board (SSB) and the Employees’ Social Security Fund (ESSF).
The Social Security Board is responsible for administering social security benefits for employees in the formal sector, including pensions, disability benefits, and survivor benefits.
Employers and employees are both required to make contributions to the SSB, with employers responsible for a larger portion of the contribution.
The Employees’ Social Security Fund provides benefits for employees in the informal sector, including health insurance, disability benefits, and survivor benefits.
Employers and employees are both required to make contributions to the ESSF, with employees typically responsible for a larger portion of the contribution.
Find out about AYP’s total workforce management solution today!
Learn more about AYP Global Pay, Asia Pacific’s smartest People and Payroll Management System. Contact our HR specialists to learn more.