INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year
We are pleased to announce that on 26 August 2021, VDB Loi Cambodia received the Cambodia Tax Firm of the Year award by the ITR Asia-Pacific Tax Awards, which...
IN THIS ISSUE
How a Vietnamese employee participates in an offshore ESOP properly and tax implications?
[From our Vietnam Office]
Vietnam has yet clearly set a comprehensive legal framework for an ESOP and neither guidance exists in accounting standards nor corporate income tax regulations in treating the...
New Directive Issued by the Central Bank of Myanmar on Foreign Employees in Banks
[From our Banking and Finance Team - Myanmar Office]
The Central Bank of Myanmar (“CBM”) issued Directive No. MaBaBaa/MP/FIR/Bank Si Sit/1(4/2021) with effect from 2 August 2021 titled “Matters regarding foreign workers employment...
Legal Update: the Ministry of Commerce Clarifies Rules for Using a Company Name
[From our Cambodia Office]
Ministry of Commerce of Cambodia issued a clarification on the use of abbreviated names by Cambodian’s legal entities. Starting a business in Cambodia by...
Expansion of Social Security Contribution Payment Deadline
[From our Taxation Team - Myanmar Office]
The Myanmar Social Security Law requires an employer with more than five employees to contribute to the social security scheme. Contributions must be made...
RECENT VDB LOI WORK
Marketing regulatory advisory: VDB Loi is advising on the compliance requirements of advertising pricing and practice in Myanmar for a multinational medical device company.
E-sport advisory: The TMT team is advising on the licensing requirements and practical legal issues for e-sport activities in Myanmar.
Contract dispute: VDB Loi has been engaged by a regional health and nutrition company to advise on a potential contract dispute regarding payment terms.
Solar power acquisitions in Cambodia: VDB Loi is advising a major Chinese power developer on the acquisition of 4 greenfield solar IPPs in Cambodia totaling 300MW.
Legal due diligence for acquisition in the Lao PDR: VDB Loi assisted a leading Thai energy company with legal due diligence on the acquisition of a 100% equity ownership of a medium-scale hydropower project in the Lao PDR.
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