|Currency||Payroll Frequency||Employer Taxes|
|Myanmar Kat (MMK)||Monthly||25% in general|
Myanmar, also known as Burma, is a Southeast Asian country located between India and China. The country has a population of around 53 million people and has a diverse economy that includes agriculture, manufacturing, and tourism.
Agriculture is a major contributor to Myanmar’s economy, with around 60% of the population working in this sector. Rice is the main crop grown in the country, followed by pulses, beans, and maize.
The country also has a significant livestock industry, with poultry, cattle, and pigs being the most common animals raised.
How can PEO solutions help?
Imagine the ability to hire across country boundaries at scale and without having to worry about the legal and employee administration process of your employee. That’s how PEO solutions work.
By providing total workforce management solutions, AYP Group is able to help you manage payroll, distribute competitive employee benefits packages, and ensure that your business is compliant with the relevant local legislation wherever your employees are based.
How much would PEO Solutions cost?
The range of solution providers of PEO solutions can range from USD300 per employee to USD650 per employee. View AYP Group’s transparent list of solutions for your worker types here.
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.