Corporate Tax Debit Card is a type of card that can be used for Government Related Payments and Tax payment processes through Ecommerce linked with Company Account.
Corporate Tax card is a type of card that can be opened by linking with the Company Current Account.
Necessary information to apply for MPU Corporate Tax Debit Card –
(1) Original NRC OR Passport
(2) Company Registration
(3) BODs & Shareholder List
(4) BOD Resolution
BODs List for the Card Holder who will hold the card on behalf of the BODs Resolution for the card application has to be connected with the Company Account. Must have at least 50% of the member directors’ approval signatures and the company’s seal.
The Company (or the cardholder) is solely responsible for any incident related to holding the MPU Corporate Tax Debit Card.
If there is a change in the representative holder of the MPU Corporate Tax Debit Card linked to the Company Account, the Company must notify the bank before 10 Working Days.
If applying for an MPU Corporate Tax Debit Card, a Card Registration Fee (3,000 Kyats) is charged.
(3,000) Kyats will be charged for re-applying a damaged/lost/expired MPU Corporate Tax Debit Card.
MPU Corporate Tax Debit Card does not require Pin Number at ATM machine.
MPU Corporate Tax Debit Card is a card that can only be used to pay taxes and pay license fees on relevant government websites. Thus it cannot be used on ATMs, POS and other websites other than government websites.
MPU Corporate Tax Debit Card can be used up to 5 billion MMK per day to pay taxes on relevant government websites.
Ecommerce application is required to pay taxes for government related websites with MPU Corporate Tax Debit Card. As soon as the Card Holder receives the card, they have to apply to Ecommerce ([email protected]) at the branch.