INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps.
Not much works without electricity, and not much moves without roads, ports and railways to move it on. Infrastructure, including electricity, is the obvious key to unlocking the huge...
IN THIS ISSUE
Client Alert: Double Taxation Agreement with Hong Kong
[From our Cambodia office]
In June 2019, the Royal Government of Cambodia announced that a double taxation agreement (“DTA”) was signed with the Government of Hong Kong Special...
Cambodia Legal Update: Seniority Payments – New Regulations Bring Some Things into Clearer Focus
[From our Cambodia Office]
As you may be aware, the Ministry of Labor and Vocational Training (“MLVT”) has issued several regulations since its introduction of an employee seniority...
Client Alert: GDT tightens the definition of zero-rated VAT export services
[From our Cambodia Office]
When applying Value Added Tax (“VAT”), a key consideration is the place of delivery of the goods or services, which is often determined by...
Client Alert: Immediate Enforcement of Capital Requirements for Foreign-invested Trading Companies
[From our Laos Office]
On 25 June 2019, The Ministry of Industry and Commerce issued Notice No. 0764/ERMD.IC (the “Notice”) instructing its provincial and Vientiane Capital divisions to...
Enforcement against illegal foreign businesses in the Lao PDR
[From our Laos Office]
On 12 June 2019, the Division of Industry and Commerce, Vientiane (“DIC-Vte”) issued Instruction No. 0651 (the “Instruction”) regarding measures to be taken against...
OUR UPCOMING EVENTS
CLMV (Cambodia, Laos, Myanmar and Vietnam) Projects and Finance Update
5 August 2019, Singapore
- Deal roundup
- Due diligence case studies
- Deal structuring
- Local approvals and government guarantees
- Security package and debt enforcement
RECENT VDB LOI WORK
Power barge tender: The Energy Team is advising on the tender for a power barge rental project.
Infrastructure financing: VDB Loi is advising a Chinese multinational banking company on its financing of a port terminal project.
TMT financing: VDB Loi is assisting a major Myanmar tower company on the financing of tower acquisitions and construction.
Tax structure optimization: A regional design company has engaged our experts to advise on tax structuring options for a new and complex services project.
Labor compliance: The Regulatory team is assisting on employment contract matters for a global insurance company.
Land for power project: VDB Loi’s special land acquisition team has started work on the process for land procurement for a large electric power project.
NEW MYANMAR LAWS AND REGULATIONS THIS MONTH
Child Rights Law 2019 (Law No: 22/ 2019)
(23 July 2019)
Newly enacted for the protection of child rights and repealed the old one of 1993
VDB LOI NEWS
VDB Loi joins IPFA and Willis Towers Watson Event Panel
On 10 July 2019, IPFA hosted an event in partnership with Willis Towers Watson titled “Yangon – A New Era for Public-Private Partnerships (PPPs) in Myanmar – Opportunities, Associated...
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