INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Project Bank (finally) published
After decades of highly controversial land acquisitions for public purposes, Myanmar turns a new page by passing the Land Acquisition, Resettlement, and Rehabilitation Law 2019 (Law no. 24/2019, referred...
IN THIS ISSUE
Myanmar’s New Law and Process for Compulsory Land Acquisition: What PPP Project Developers Need to Know
[From our Corporate Commercial & M&A Team]
After decades of highly controversial land acquisitions for public purposes, Myanmar turns a new page by passing the Land Acquisition, Resettlement, and Rehabilitation Law...
VDB Loi Laos Alert – Hot off the presses: The New Income Tax Law
[From our Laos Office]
The new Income Tax Law No. 67/NA dated 18 June 2019 (“New Income Tax Law”) has been promulgated by the President of the Lao...
MIC Permit or Endorsement May Be Revoked if the Investor Misses MIC Quarterly Report Deadline
[From our Regulatory Team]
MIC has announced on 30 December 2019 (“Announcement”) on the new format for its quarterly report, the Myanmar Investment Commission (“MIC”). The new MIC...
The DICA Clarifies Corporate Approval of Director and Related Party Transactions
[From our Corporate Commercial & M&A Team]
Related party transactions are a frequent occurrence in Myanmar corporate life. When one company transacts with another company with which it has some sort...
Banks Ordered to Improve Customer Due Diligence
[From our Banking and Finance Team]
On 15 November 2019, the Central Bank of Myanmar (“CBM”) issued Directive 18/2019 on 15 November 2019 on customer due diligence. The directive sets...
RECENT VDB LOI WORK
Energy giant market entry: The Energy team is advising a major international energy corporation with the structuring of its potential entry into the Myanmar mid– and downstream markets.
Licensing and regulatory: We are assisting a Vietnamese conglomerate with obtaining all required licenses to distribute its products in Myanmar.
Ruling under the new tax administration law: The taxation team is seeking a tax ruling for a global beverage multinational, testing the procedures under the new tax administration law.
Multifaceted restructuring: A major vehicle distributor of globally-known brands has engaged VDB Loi’s Corporate team to assist on all aspects of a multi-company restructuring of its operations in Myanmar.
Strong tax expertise: The Tax team has been engaged for compliance services by multinational and local clients across a range of industries, including pharmaceuticals, international NGOs, building materials, and beverage manufacturers, because of our strong knowledge and understanding of Myanmar tax laws and practice.
VDB LOI NEWS
VDB Loi hosted the “Myanmar Cambodia Laos Energy and Infrastructure Update” Seminar in Tokyo
In partnership with Japan Institute for Overseas Investment (JOI) and Japan Bank for International Cooperation (JBIC), VDB Loi hosted the “Myanmar Cambodia Laos Energy and Infrastructure Update” Seminar in...
Join our MMA Training Session with Myanmar MMA Champion Phoe “Bushido” Thaw
VDB Loi is bringing you an MMA training session with Myanmar’s Champion, Phoe “Bushido” Thaw. If you ever wanted to have a taste of MMA, join us for this exclusive...
Archive
- 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 - Laos: Key Changes to Secured Transactions
November 2020 - New Rules Issued for Unsolicited Projects in Myanmar
October 2020 - VDB Loi Celebrates Outstanding Asialaw Rankings (VDB Loi Insights
September 2020 - VDB Loi Crowned Tax Firm Of The Year For Third Time At The 2020 ITR Tax Awards
August 2020 - Challenging Times Ahead? What Lenders and Other Creditors Need to Know About Myanmar’s New Insolvency System
July 2020 - Loan Transactions In Southeast Asia: Getting Through The Challenging Times
June 2020 - How To Win at Myanmar’s Solar Tender, Part of COVID-19 Stimulus Package?
May 2020 - Do Employees Have the Right to Work Remotely? Questions on Labor Law Facing the Corona Virus Outbreak
April 2020 - Myanmar, Cambodia and Laos Facing the Pandemic Challenge
March 2020 - Project Bank (finally) published
February 2020 - Myanmar Approved FDI for 2019 in Power Sector: All Projects Selected VDB Loi as Advisor
January 2020 - The Impact of the 2019 Construction Law on Property Development in Cambodia
November 2019 - Can you sue a dissolved company? (VDB Loi Insights)
October 2019 - Myanmar Arbitration Update
September 2019 - Myanmar Passes New Law for Land Acquisition, Resettlement and Rehabilitation
August 2019 - How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps. (VDB Loi Insights)
July 2019 - Power Surge at MOEE
June 2019 - Myanmar About to Launch Power Barge Tender
May 2019 - VDB Loi Insights
April 2019 - VDB Loi Wins Law Firm of the Year
March 2019