INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
New Regulation in Cambodia on Road Transportation Services Provided With the Use of Digital Technologies
Prakas No. 100 on Conditions and Procedures of Granting Permits to Companies Providing Digital Services for Road Transportation, dated 21 June 2021 (“Prakas 100”) were recently issued. Highlights of...
IN THIS ISSUE
Result of the Pre-qualified Bidder for the development of the second phase 40MW solar photovoltaic power plant project in Kampong Chhnang Province, Cambodia
[From our Cambodia Office]
On 20 July 2021, Cambodia’s state-owned electricity utility EDC has announced selected 12 prequalified bidders for the country’s National Solar Park Project, phase 2....
Will Cloud Services Be Subject to VAT and How Vietnam Taxes on Digital Service Provided as Cross Border Transactions?
[From our Vietnam Office]
The Ministry of Information and Communications has launched a campaign to promote digital transformation using cloud computing with the participation of 11 local service...
What is covered under royalty payment in Myanmar?
[From our Taxation Team - Myanmar Office]
The Internal Revenue Department issued Public Ruling 1/2021 (“PR 1/2021”) on 17 June 2021, clarifying the definition of the right to use with regard...
Incentives Under Draft Amended Law on Investment
[From our Cambodia Office]
The Royal Government of Cambodia (“RGC”) has taken a number of actions to promote foreign investment in Cambodia, notably among them is amending the...
Temporary Relaxation of Licensing Requirements for the Importation of Liquid Oxygen, Medicine, and Medical Equipment Necessary for COVID-19 Treatment and Prevention
[From our Regulatory Team - Myanmar Office]
Due to the rapid spread of COVID-19 throughout the third wave of infection in Myanmar as well as a shortage of medicine and medical...
RECENT VDB LOI WORK
Regulatory assistance: The Regulatory team is assisting a global logistics company with meeting the regulatory requirements in Myanmar to ensure its corporate compliance.
Regional tax advisory: The team is assisting with the review of agreements from a tax perspective for distribution in Cambodia and Myanmar for a multinational medical devices and health care company.
Solar power plant acquisition: VDB Loi is assisting a European independent power producer with the acquisition of a solar power plant in Cambodia.
Telecom expertise: The TMT team is advising a leading regional telecommunications company on the operation of a contract for telecom services.
Tax clearance for textile company: VDB Loi is handling the tax clearance and regulatory aspects of the liquidation of a leading textile manufacturing materials supplier.
Archive
- 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 - Phnom Penh Lockdown: Who Remains Open? Which Authorities Still Work?
April 2021 - Annual Audit of Personal Income Tax in the Lao People’s Democratic Republic (VDB Loi Insights)
March 2021 - New Tax Rules in Laos, Solar Bids in Cambodia, Expat Labor Rules Myanmar
February 2021 - What Is Different About Cambodia’s New Solar Project Tender? (VDB Loi Insights)
January 2021