INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Update on Investment Licensing in Bangladesh: New BIDA Practices
Dubbed by some “an economic miracle”, even the global pandemic has not been able to stamp out Bangladesh’s upward development trajectory. It eked out its larger neighbor India in...
IN THIS ISSUE
Bangladesh: New Rules for E-Commerce Marketplaces. Need to Register, Deliver within 5 or 10 days
[From our Bangladesh Office]
The Ministry of Commerce (MOC) has issued a list of standards and rules applicable to e-commerce operators, the Digital Commerce Operational Guidelines 2021 (“the...
Intra Group Services – Are Cambodian taxpayers waving a red flag to the GDT? Part Two
[From our Cambodia Office]
Part One of our articles focusing on intra-group services in Cambodia highlighted the importance of Cambodian taxpayers being able to fundamentally prove that intragroup...
Duty-Free Business and What Tax Involves?
[From our Vietnam Office]
Overview Vietnam’s duty-free retail is emerging as a new attractive investment channel for both local and foreign investors. With the issuance of new regulations...
Announcement to File Quarterly and Annual Returns via E-filing Management System
[From our Taxation Team - Myanmar Office]
The Internal Revenue Department (“IRD”) has launched an e-filing management system aimed at increasing the convenience of quarterly and annual return filings. As taxpayers...
New Amendments to the Foreign Exchange Management Law
[From our Banking and Finance Team - Myanmar Office]
The State Administration Council passed Law No. 57/2021 on 6 October 2021 (“Law”) amending certain sections of the Foreign Exchange Management Law 2012 (“FEML”)....
How to Get a Tax Refund From Internal Revenue Department?
[From our Taxation Team - Myanmar Office]
Tax refunds for Commercial Tax (“CT”), Corporate Income Tax (“CIT”), and Specific Goods Tax (“SGT”) can arise if the total tax paid during the...
Stay Permits, Work Permits, and Entry Visas Can Now Be Applied for Online
[From our Regulatory Team - Myanmar Office]
On 30 September 2021, the Directorate of Investment and Company Administration (“DICA”) announced that companies holding an MIC permit or MIC endorsement can now...
Lao PDR’s New E-commerce Decree – What to Look Out for?
[From our Laos Office]
As online sales of goods and services continue to grow in the Lao PDR, accelerated by the impact of the COVID-19 pandemic, which has...
OUR UPCOMING EVENTS
Transfer Pricing Disputes in Cambodia – Are You Doing Enough to Defend Your Company? (Live Webinar)
4 November 2021, Online Webinar Event
RECENT VDB LOI WORK
Acquisition in the energy sphere: The VDB Loi Laos team assisted an Asian energy solutions provider on the sale of a stake in the Lao subsidiary of a regional renewable energy player.
Project structuring advisory in Myanmar: The Energy team is assisting a major Asian player in the structuring of their gas importation and distribution project in Myanmar.
Public-private partnerships: VDB Loi Cambodia is advising an international financial institution on a public-private partnership policy framework in Cambodia.
Compliance services for regional O&G player: The Tax team has been engaged by a major regional O&G operator to handle its payroll and tax compliance obligations in Myanmar.
Tax due diligence in Myanmar: VDB Loi is conducting a tax due diligence in Myanmar for the client of an international consulting group.
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