PROFIT BEFORE TAX
Main Business Activities
- Upstream and Integrated Gas
Shell has been present in Myanmar since 2014. Shell has entered into production-sharing contracts with Myanmar Oil and Gas Enterprise (MOGE) and other joint venture partners to explore for oil and gas.
Country Financial Analysis
The statutory corporate income tax rate in Myanmar is 25%.
Shell‘s Myanmar activities are in the exploration phase with no production to generate income yet and therefore no corporate income tax is owed.