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Change of Financial Year

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 Published on 9/16/2021 - Issue Q3/2021

 

On 7 September 2021, the Central Bank of Myanmar announced the change of the financial year 2022-2023 towards the old dates of 1st April to 31st March of the following year. 

 

This change generally applies from 1st results in an additional short financial year with a 6-months duration, starting on 1st October 2021 and ending on 31st March 2022. Companies are required to file an annual return for the short financial year accordingly.

 From The Newsletter

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