Employer of Record Myanmar | INS Global

Employer of Record Myanmar

Expanding to Myanmar? EOR (Employer of Record) Services Help You Hire Globally, Pay Locally, and Expand Effortlessly

Exploring a venture or expansion in Myanmar? INS Global’s Employer of Record solutions offer a seamless approach to hiring and managing personnel, eliminating the necessity for a local establishment. Skillfully manage a globally dispersed workforce with an Employer of Record in Myanmar and swiftly enter new markets with the assistance of adept HR recruitment and payroll specialists. 

Employer of Record Myanmar - Summary

The Advantages of Using an EOR or Professional Employer Organization in Myanmar

Legal Compliance Assurance

Select an Employer of Record (EOR) service well-acquainted with Myanmar’s regulatory intricacies for efficiently recruiting and supervising a global workforce. This proactive strategy safeguards against potential penalties, providing tailored support aligned with Myanmar’s regulations. 

Lower Expansion Costs

Partnership with an Employer of Record in Myanmar accelerates and simplifies global expansion while substantially trimming the typical expenses linked with growth. Expand your operations without the need for a new entity in Myanmar, resulting in significant overhead savings. 

Focus on Growing Your Company

An Employer of Record in Myanmar shoulders all HR responsibilities on your behalf, streamlining operations and affording you the liberty to concentrate solely on your business’s international objectives. 

Expand Effortlessly

Establishing a new enterprise in Myanmar can be a time-consuming process, ranging from weeks to a year. Conversely, aligning with a Burmese Employer of Record expedites the expansion process, ensuring entry into the local market in just a week and a swift and efficient establishment. 

Manage Your HR Online

INS Global presents an effective avenue for managing your diverse, global workforce online through an advanced digital platform. Leverage our cutting-edge proprietary cloud-based HR system to effortlessly supervise all your employees and their requirements remotely. 

Why Choose an EOR in Myanmar Over Company Incorporation?

Establishing a new company in a foreign jurisdiction is often intricate, especially if unfamiliar with local regulations and employment norms.  

Engaging with a Burmese EOR saves time in international business growth, curtails expansion costs, assures local compliance, and permits a focus on business development within Myanmar’s distinctive landscape. 

testimonial from Manuel Ramos

Testimonial

Manuel Ramos

TERAO ASIA

Managing Director

We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately. 

5/5

How Does an EOR In Myanmar Work?

INS Global’s EOR in Myanmar paves the way for your company’s overseas expansion by… 

 

  1. Collaborating with your business to devise a personalized expansion plan. 
  2. Providing the requisite legal entity for hiring or transferring staff, ensuring adherence to Myanmar’s legal mandates. 
  3. Managing HR tasks, encompassing hiring, contract administration, and payroll management, guaranteeing local compliance in Myanmar. 
  4. Enabling your employees to concentrate on business objectives while adeptly addressing ongoing HR and legal compliance needs. 

What is the difference between PEO and Employer of Record Services in Myanmar?

In Myanmar, PEO (Professional Employer Organization) services handle diverse HR tasks, functioning as a strategic partner.  

Similarly, Myanmar Employer of Record (EOR) partners provide these options but also possess the legal authority to oversee employee hiring and management, simplifying the process from inception to conclusion in alignment with Myanmar’s employment regulations. 

INS Global extends both options, ensuring that whether you seek an EOR or PEO in Myanmar, you receive the support essential for comfortable expansion, featuring adaptability tailored to Myanmar’s business environment. 

Labor Law in Myanmar

Employment Contracts in Myanmar

  • Professional employment in Myanmar always starts with an official letter of employment. 
  • In most cases, employers can include a probation period of no longer than 3 months. 
  • An employer can end an employment contract early if the employee violates the conditions of their contract. 
  • Employees are entitled to a minimum of 1 month’s notice before termination. 
  • The severance payment scale in Myanmar is structured as follows: for employment less than 6 months, no severance payment is applicable; for terms between 6 months and 1 year, the severance payment is 0.5 months’ salary; for terms between 1 and 2 years, it is 1 month’s salary, and so on, with increasing severance payments corresponding to longer periods of employment, up to 13 months’ salary for those employed for more than 25 years. 

Working Hours in Myanmar

  • The working week in Myanmar runs from Monday to Friday. 
  • Full-time employees generally work 8 hours per day, 48 hours per week. 
  • Employees are not allowed to work more than 40 hours per week without receiving overtime pay. 
  • Overtime is limited to 12 hours. 
  • Employees are entitled to a higher hourly rate for overtime. This is double the normal hourly rate. 

Annual Leave in Myanmar

  • Myanmar has 15 official national holidays. 
  • Employees are entitled to 10 days of paid annual leave every year.  
  • Employees are only entitled to annual leave of 10 days after a year of service. 

Sick Leave in Myanmar

  • When an employee is unable to attend work due to illness, they need to get a doctor’s note and present it to HR as soon as possible.  
  • Employees are entitled to up to 30 days of sick leave.  
  • Employees can claim from social security during this time. 

Maternity / Paternity Leave in Myanmar

  • According to Myanma law, female employees are entitled to 14 weeks of maternity leave. 
  • This is 6 weeks before birth and 8 weeks after. 
  • Maternity leave can be claimed from social security. 
  • Male employees are entitled to 15 days of paternity leave. 

Tax Laws in Myanmar

  • Employers in Myanmar are responsible for withholding all taxes and social contributions. 
  • Employers contribute the equivalent of 3% of the employee’s salary towards social insurance, while employees contribute an additional 2%. 
  • The corporate income tax rate is set at 22% for both local and foreign companies. 
  • Personal income tax ranges from 0% to 25%.  
Employer of Record Myanmar

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FAQs

While creating a local entity is an option, teaming up with a local Employer of Record proves more efficient in Myanmar. Employer of Record services leverage local expertise, facilitating hiring and staff management on your behalf. 

An Employer of Record in Myanmar manages various HR tasks, such as payroll processing, tax compliance, employment contracts, and contributions to social security, ensuring comprehensive compliance for your entire workforce. 

Establishing a new company abroad can take months to a year, but with INS Global’s EOR services, you can recruit employees and enter a new market in as little as a week. 

EOR service costs are directly tied to your employee’s salary, calculated as a percentage and covering all HR functions for compliant employment in Myanmar. 

Yes, collaborating with an Employer of Record in Myanmar is a legal and efficient solution, streamlining your expansion plans while reducing costs. 

Salaries are typically processed monthly for full-time employees, while part-time workers may receive weekly or bi-monthly payments. 

Recruitment costs in Myanmar vary, but INS Global simplifies remote recruitment and staff management, reducing the expenses associated with managing an international workforce. 

An Employer of Record in Myanmar can recruit and hire employees from all regions, facilitating swift expansion across the country. 

Modifications to employment contracts require mutual agreement. 

Yes, employers in Myanmar are responsible for withholding taxes and social contributions from employee salaries, including an employer’s contribution to each employee’s social security fund. 

INS Global customizes its services to your company’s needs, assisting with recruiting and hiring as many or as few employees as required for your expansion plans. 

The severance payment scale in Myanmar is structured as follows: for employment terms less than 6 months, no severance payment is applicable; for terms between 6 months and 1 year, the severance payment is 0.5 months’ salary; for terms between 1 and 2 years, it is 1 month’s salary, and so on, with increasing severance payments corresponding to longer periods of employment, up to 13 months’ salary for those employed for more than 25 years. 

In Myanmar, employees can be hired for both in-person and remote opportunities, allowing for reduced overheads during international expansion. 

Certainly! Our local experts bring extensive experience in finding top talent globally by providing support in recruiting, hiring, and managing your workforce, regardless of your location. 

Myanmar observes 15 public holidays where employees are entitled to a paid day off. Working on these holidays usually involves a higher hourly rate. 

Employers must adhere to strict labor laws and regulations to avoid costly penalties and fines. Partnering with an experienced EOR in Myanmar ensures compliance during your expansion

Yes! INS Global assists in the recruitment and management of a diverse workforce, simplifying the process of hiring both Burmese citizens and foreigners. 

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