INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Update on Tax Challenges for Foreign Airlines in Cambodia
Siem Reap and Phnom Penh’s success as a tourist destination, as well as a fairly robust economic development, has among other things resulted in a significant boost in connectivity...
IN THIS ISSUE
10 Frequently Asked Questions about Trademark in Cambodia
[From our Cambodia Office]
In February 2002, the National Assembly adopted the Law on Marks, Trade Names and Acts of Unfair Competition (“Trademark Law”), with a Sub-Decree on...
E-commerce Registration Commences
[From our Myanmar Office]
On 2 October 2023, the Ministry of Commerce (“MOC”) introduced its e-commerce registration system, known as eComReg, during an awareness-raising event held at the...
CBM Relaxes Foreign Exchange Restrictions on Exporters
[From our Myanmar Office]
On 5 December 2023, the Central Bank of Myanmar (“CBM”) announced, through its letter no. 1/2937 (“Letter 1/2937”), that it will no longer determine...
The Central Bank of Myanmar Narrows the Time Frame for the Inbound Remittance of Export Earnings
[From our Myanmar Office]
On 25 December 2023, the Central Bank of Myanmar (“CBM”) issued Notification No. 27/2023 to reduce the time frame for the inbound remittance of...
The Ministry of Commerce Specifies Model Years for 2024 Vehicle Imports into Myanmar
[From our Myanmar Office]
On 21 December 2023, the Ministry of Commerce issued Notification 80/2023, which is its regular yearly announcement to specify the manufacturing years of various...
Bangladesh Bank Expands RTGS System to Include Chinese Yuan
[From our Bangladesh Office]
The Bangladesh Bank is incorporating the Chinese Yuan (“CNY”) into its real-time gross settlement (“RTGS”) system. Presently, the RTGS system facilitates clearing and settlement...
Enhancing Loan Repayment Oversight: Bangladesh Bank Calls for Dedicated Revenue Accounts for Project Financing
[From our Bangladesh Office]
Under this circular, the Bangladesh Bank is directing financial institutions to establish revenue accounts in the name of funded projects to ensure effective loan...
Guidelines on Financial Reporting for Bangladesh Special Bonds and Subsidies
[From our Bangladesh Office]
Until further instructions, the following procedure must be followed for financial and regulatory reporting of the Government of Bangladesh Special Purpose Bonds issued to...
OUR UPCOMING EVENTS
Tax Audits for VAT Reverse Charge on E-goods, Services and IT
9 February 2024, Phnom Penh
RECENT VDB LOI WORK
Market entry in Bangladesh: The Bangladesh team is advising a multinational home appliances and consumer electronics company on its market entry with regard to a greenfield electronics factory in Bangladesh.
Tax advice in Cambodia: The Tax team is advising an international casino developer on the Cambodian tax regime and implications for commercial gambling operations in the country.
EV operations in the Lao PDR: The Lao team is advising a regional EV taxi provider on market entry and investment in the transportation sector in the Lao PDR.
Restructuring in Myanmar: VDB Loi has been engaged by a company operating in the oil & gas space to advise on restructuring its operations in Myanmar.
Energy advisory: VDB Loi Vietnam advised an export credit agency on the energy and renewables sector in Vietnam.
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