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May 2019


VDB Loi Named Myanmar Tax Firm of the Year at International Tax Review 2019 Tax Awards

VDB Loi has received yet another award and is proud to be recognized as the Myanmar Tax Firm of the Year at the International Tax Review (ITR) 2019 Asia...


Myanmar Power Barges: Legal and Tax Issues

[From our Energy and Infrastructure Team, Myanmar]

Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects... 

10 Frequently Asked Questions about the Myanmar Industrial Design Rights Law 2019

[From our Telecom, Media and Technology Team, Myanmar]

As we mentioned in our previous article on the Myanmar Trademark Law 2019 [10 Frequently Asked Questions About the Myanmar Trademark Law 2019], the... 

Central Bank of Myanmar provides a warning against the risks of transactions with cryptocurrencies

[From our Banking and Finance Team, Myanmar]

The Central Bank of Myanmar (the “CBM”), by an announcement on 3 May 2019, noted that it does not recognize digital currencies as legal... 

Change of the Income Year in Myanmar: What Do Companies Need to be Aware of?

[From our Taxation Team, Myanmar]

On 28 May 2019, the Internal Revenue Department (“IRD”) of the Ministry of Planning and Finance (“MOPF”) announced a change to the income year (formerly... 

Special Client Alert: Tax Saving Opportunities

[From our Cambodia Office]

The Royal Government of Cambodia has been working hard to stimulate investment and economic growth. The General Department of Taxation (“GDT”) is playing an... 

Client Alert: Tax treatment of seniority payments clarified and VAT exemption on recruiting and training fees

[From our Cambodia Office]

On 11 April 2019, the Ministry of Economy and Finance issued Circular 003 to confirm the tax treatment of seniority payments introduced by a... 


The First Environmental Compliance Certificates: What Are the Key Things to Know for Developers and Lenders?

28 June 2019, Yangon

  • How does an actual ECC look like?
  • Which environmental conditions are imposed on project activities in the ECC?
  • Are public consultations a legal requirement?
  • Can you start preparation or construction without the ECC?
  • From EIA to ECC: process and actors
  • Who can oppose an ECC being issued and how can that be resolved?
  • Can an ECC be transferred?


Market entry expertise: We are providing legal and tax advice to a European renewable energy company on its market entry into Myanmar.

Tower acquisition: VDB Loi’s TMT team has been engaged by a leading regional telecommunications company to assist with all aspects of its tower acquisition deal.

Tax team breaks new ground: VDB Loi’s tax team is assisting a regional oil & gas company with its precedent-setting appeal to the Large Taxpayers’ Office.

New renewable energy projects: The Energy and Infrastructure team is advising a foreign player on the development of various wind power projects, including drafting of the power purchase agreement with the Electric Power Generation Enterprise. The team is also acting as local counsel for a consortium on the development of a reservoir hydropower project in northern Myanmar.


Bill on Industrial Zone Law
Newly drafted to control the Industrial Zone Land permits

Bill on Law amending the Union Judiciary Law
Mainly changed on the appointment of Judges by Chief Justice