VDB Loi, a leading legal and tax advisory firm in Myanmar, was this week able to register an unnamed non-resident foreign company without a branch in Myanmar for Commercial Tax (CT) purposes. According to Myanmar’s tax laws, 5% CT is due on, among other things, all services rendered in the country. This includes services that […]

VDB Loi, a leading Myanmar legal and tax advisory firm, assists as borrower’s Myanmar counsel to devise and perfect the first international commercial financing package in relation to network assets located in Myanmar. The firm helped to form the security package in close consultation with lenders and the Myanmar Investment Commission (MIC). It is the […]

Extracted from the Myanmar Times. Edwin stated in the article. With a new circular letter addressed to Myanmar banks dated 3 July 2014 (the CBM Letter), the Central Bank of Myanmar has reasserted control over foreign loans that are provided to domestic and foreign owned borrowers in Myanmar. The CBM has clarified approval requirements and […]

Edwin Vanderbruggen was recently interviewed by ILFR’s Ashley Lee regarding VDB Loi’s success in registering the first secured interest on Myanmar assets for a foreign loan. This will help pave the way for large infrastructure projects and will be an essential tool for investors as Myanmar continues its rapid development. To read the full article, […]

Which foreign banks are most likely to receive a Myanmar license?It’s deja-vu all over again for those who remember the excitement of the 2013 telecom tender. With the Central Bank’s evaluation and selection process in full swing, Myanmar is holding its breath with anticipation: which ones of the foreign banks will be the first to […]

Extracted from the Myanmar Times. Edwin stated in the article. Even in the current form, the law will still have an important impact on some sections of the market and will enable land to be used more efficiently. Edwin Vanderbruggen, a partner at legal advisory form VDB Loi, described it as “manna from heaven” for […]

Myanmar legal advisory firm VDB Loi and global law firm Latham & Watkins LLP are advising the Government of the Union of Myanmar with respect to its privatization and corporatization of the Government’s jet fuel distribution business. The import, storage and distribution of jet fuel in the country is currently a quasi-monopoly of the state-owned […]

Myanmar reached another financial milestone in its path to economic reforms as local authorities upgraded their existing administrative practice to accommodate the registration of international secured lending. In a landmark test case, a wholly foreign owned Myanmar company which raised finance through a cross-border loan, was allowed to register security for that loan on its […]

Leading Myanmar legal and tax advisory firm VDB Loi has successfully assisted Ericsson with the procedure to obtain a license from the Myanmar Investment Commission (MIC). Myanmar has in 2012 liberalized it’s telecom sector. Amidst massive interest from telecom operators, Ooredoo and Telenor have each been awarded nationwide telecommunications licenses. Another two local operators MPT […]

Nokia, formerly known as Nokia Siemens Networks or NSN, has been granted an investment license by the Myanmar Investment Commission (MIC), as was recently announced on the MIC website. VDB Loi assisted Nokia throughout the application process.

VDB Loi opens in new capital as reported by Asian Legal Business online. Click here for the full article.

VDB Loi press release on ACQ5 online news. Read here for the full press release.

Press Release For immediate release Yangon, 9 January 2014 VDB Loi, a leading Myanmar law and advisory firm, has doubled its bet on the country by becoming the first foreign law firm with a fully operating office in the capital Nay Pyi Taw. The firm has been present in Yangon since 2012, where it employs […]

VDB Loi Analysis quoted in Reuters saying that “Total, PTTEP and Petronas have “a considerable edge over newcomers”, because they already have experience and infrastructure in Myanmar”. Please continue reading here for more information.

Ooredoo (formerly Qatar Telecom or Qtel), was selected by the Myanmar Government as one of only two foreign telecom operators.  They in turn selected VDB Loi’s Myanmar team as one of its external legal advisers to  assist on the project. Partners Edwin Vanderbruggen and Jean Loi, both living in Yangon, lead that engagement which includes […]

Myanmar’s new telecom operators may find building their networks and dealing with bureaucrats a lot harder than they thought. Vanderbruggen is quoted saying that the struggle to secure infrastructure in a country where connectivity is woeful , mobile penetration is about 9% and internet access about 1% ,will be the telecom companies’ biggest hurdle.

Read about the “gold rush” on for new car distributors looking to set up in Myanmar in The Myanmar Times. Edwin Vanderbruggen discusses the new practices & requirements for importers and distributors. See full article here.

Check out this interesting article on Reuters citing Edwin Vanderbruggen’s observations on the legal maze involved in securing land for tower sites in Myanmar. He has likened it to “the regulatory equivalent of rolling out a network on Mount Everest.” See full article here.

Read Edwin Vanderbruggen’s opinion on the enormous roll out challenges facing the companies who recently were awarded telecommunications licences in Myanmar.  Read how the sheer size of the operation is a major hurdle faced by the bid winners and this, coupled with constraints that existing regulations  place in their path, will indeed make successful implementation […]