INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Can you sue a dissolved company?
When a company has dissolved, it essentially means that the company has ceased to exist, and thus cannot sue or be sued. The question then becomes, how can a...
IN THIS ISSUE
The Enforcement of Monthly Personal Income Tax Return Filing and Payment
[From our Taxation]
Please note that a Statement by the Internal Revenue Department, Yangon Region (“IRD”) has been issued regarding enforcing monthly Personal Income Tax (“PIT”) return...
When does an overseas corporation have to register a commercial presence in Myanmar?
[From our Corporate Commercial & M&A]
Under section 43 of the Myanmar Companies Law 2017 (“MCL”), an overseas corporation is not allowed to ‘carry on business’ in Myanmar unless it...
RECENT VDB LOI WORK
DTA tax relief applications: VDB Loi has been assisting a number of our clients, including one of the largest packaging companies in ASEAN and a regional logistics company, with obtaining DTA tax relief.
Distribution of energy drinks: The Regulatory team has been engaged by a regional health and nutrition company to obtain the FDA approvals and licenses necessary to import and distribute its energy drink products, a growing segment of the beverage market in Myanmar.
Tax advisory on market entry: A major Korean oil and gas company has engaged VDB Loi’s tax team to advise on the tax structuring for its market entry.
Rooftop solar agreement: The Energy team is advising a developer on the drafting and negotiation of a template rooftop solar offtake agreement.
Microfinance acquisition: We are assisting a major Singaporean bank on its acquisition of a stake in a microfinance institution in Myanmar.
VDB LOI NEWS
Edwin speaks at the Myanmar Panel on this year’s Project Finance International Conference
Edwin Vanderbruggen, Senior Partner of VDB Loi joins the Myanmar Panel on this year’s Project Finance International Conference. The 24th PFI Financing Energy Projects in Asia Conference took place...
How to Create a Tidal Wave of Foreign Investments in Electricity and Infrastructure
Myanmar Business Today Journal published Edwin’s Oped “How to Create a Tidal Wave of Foreign Investments in Electricity and Infrastructure” Go to the following link to read the Oped....
Archive
- New Tax Audit SOPs in Cambodia: What Businesses Need to Know (VDB Loi Insights)
July 2024 - Cambodia Tax Update: Key Changes to Signboard, Rental, Accommodation, and Public Lighting Taxes
June 2024 - Vietnam: Updates on Latest Developments in Energy Market Regulations
May 2024 - Cambodia Poised to Clarify Profit Attribution and Transfer Pricing of Cross Border Shipping Income
April 2024 - What to Know About the Legal and Tax Implications of Official Development Assistance Projects in Cambodia
March 2024 - Frequently Asked Questions on Corporate Registration in Cambodia
February 2024 - Update on Tax Challenges for Foreign Airlines in Cambodia
January 2024 - Prime Minister Lines Up Wide Range of Tax Incentives (VDB Loi Insights)
November 2023 - Our Yangon Office: New Address (VDB Loi Insights)
October 2023 - VDB Loi Awarded Best for Tax Cambodia, Law in Laos (VDB Loi Insights)
September 2023 - Cambodian Government Increases Subsidies for Pregnant Women and Young Children (VDB Loi Insights)
August 2023 - Vietnam New Regulation from State Bank of Vietnam on Foreign Loans (VDB Loi Insights)
July 2023 - Automated System to Apply for E-Commerce Licenses/Permits Available (VDB Loi Insights)
June 2023 - New National Power Development Plan in Vietnam (VDB Loi Insights)
May 2023 - Myanmar: Major Changes in the Union Tax Law 2023 (VDB Loi Insights)
April 2023 - Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia (VDB Loi Insights)
March 2023 - Maximizing Benefits from Investment Incentives (VDB Loi Insights)
February 2023 - Is Land Acquisition the Real Reason Behind the Unbearable Delay of Solar Projects? (VDB Loi Insights)
January 2023 - VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia (VDB Loi Insights)
November 2022 - New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia (VDB Loi Insights)
October 2022 - Foreign Construction Contractor in Vietnam: Local Compliance Framework (VDB Loi Insights)
September 2022 - Setting Up Or Acquiring Manufacturing Business In Vietnam
August 2022 - Pathway to an Independent Power Project in Vietnam
July 2022 - Foreign loans for Vietnamese borrowers – Q&A
June 2022 - Green Finance in Southeast Asia
May 2022 - How Does Bangladesh’s Blockchain Strategy Look Like?
April 2022 - VDB Loi Cambodia Wins IFLR Asia-Pacific National Law Firm of the Year Award
March 2022 - Will Income From Cryptocurrency Be Taxed In Vietnam? (VDB Loi Insights)
February 2022 - The New Laws on Investment and Public-private Partnership: Setting the Foundation for Advanced Private Investment Landscape in Cambodia
January 2022 - Bangladesh Project Finance Update: Some New Developments and Practices on the Local Aspects of Cross-border Financing in Bangladesh
November 2021 - Update on Investment Licensing in Bangladesh: New BIDA Practices
October 2021 - Intra Group Services – Are Cambodian Taxpayers Waving a Red Flag to the GDT? Part One
September 2021 - VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year
August 2021 - New Regulation in Cambodia on Road Transportation Services Provided With the Use of Digital Technologies
July 2021 - Tax Amnesty on Undisclosed Income at Reduced Tax Rates
June 2021 - M&A Hot Issues
May 2021