INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Will Income From Cryptocurrency Be Taxed In Vietnam?
Cryptocurrency trading is not new and attracts a lot of participants. However, there is currently lacking of a full legal framework to recognize the cryptocurrency whether as an asset...
IN THIS ISSUE
Amended Union Tax Law 2021 increases the commercial tax rate on internet services and expands the income range of undisclosed source of income
[From our Taxation Team - Myanmar Office]
The State Administration Council enacted Law No. 1/2022 on Amending the Union Tax Law 2021 (“Amended UTL 2021”) on 6 January 2022 to increase...
Interest Free Loans – Tax Reassessment Risk
[From our Cambodia Office]
With a lack of thin capitalization rules in Cambodia, interest free loans have been the norm for many Multinational Enterprises funding their investment and...
Central Bank of Myanmar – New Notification on Write-off of Loans
[From our Banking and Finance Team - Myanmar Office]
The Central Bank of Myanmar (“CBM”) issued a notification on 20 January 2022 regarding ‘write-off’ of loans given by banks and non-bank financial institutions...
What Is the Current Status of the New Trademark Registration and How Does It Work?
[From our Regulatory Team - Myanmar Office]
Trademark registration has been somewhat in limbo since a new trademark law, which has not yet entered into force, was enacted on 30 January...
Prakas Provides New Rules and Procedures on Trusts
[From our Cambodia Office]
Three years on from the issuance of the Law on Trusts (dated 2 January 2019), the Non-Banking Financial Services Authority (“NBFSA”) issued Prakas No....
Result of the Final Winner for the Development of the Second Phase 40mw Solar Photovoltaic Power Plant Project in Kampong Chhnang Province, Cambodia
[From our Cambodia Office]
For the development of the 100MW national solar park in Kampong Chhnang Province, the Kingdom of Cambodia, the ELECTRICITE DU CAMBODGE (“EDC”) has hosted...
RECENT VDB LOI WORK
M&A in Cambodia: VDB Loi Cambodia advised on a potential joint venture for a mining business client of a top regional law firm.
Multibillion dollar PPP project in Dhaka, Bangladesh: Our Dhaka team was engaged to provide strategic and project procurement advice to the potential sponsors of an urban PPP project with an estimated investment cost exceeding US$1 billion.
Tax audit services in the Lao PDR: The VDB Loi tax team is assisting the subsidiary of a global beverage company with resolving its tax audit in the Lao PDR.
For local expertise in Vietnam, global firms choose VDB Loi: The Vietnam team is providing tax advice on a cross-border transaction for a top corporate advisory firm.
Corporate and regulatory services in Myanmar: VDB Loi is assisting a global telco with its corporate and regulatory compliance in Myanmar.
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