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INSIGHTS THIS MONTH

July 2024

HIGHLIGHT OF THIS MONTH

New Tax Audit SOPs in Cambodia: What Businesses Need to Know

In April 2024, the General Department of Taxation (“GDT”) of Cambodia introduced its long-awaited Manual on the Methods and Procedures of Tax Audits, also referred to as the “Tax...

IN THIS ISSUE

Unfair Business Practices in Advertising and Sales Promotions

[From our Cambodia Office]

On 12 April 2024, the Ministry of Commerce issued Prakas No. 095 on Unfair Practices Related to Advertising and Sales Promotions, which  aims to... 

Keynotes from GDT Seminar on SOP and Tax Crime Investigation Workshop

[From our Cambodia Office]

On 23 July 2024, the General Department of Taxation (“GDT”) held a workshop Standard Operating Procedures (“SOP”) for Tax Audit and Tax Crime Investigation.... 

The MOJ Continues its Digital Transformation with Digital Verification of ​Police Clearance Certificates

[From our Cambodia Office]

Recently, the Ministry of Justice (“MOJ”) and the Ministry of Posts and Telecommunications announced the official launch of the “verify.gov.kh file verification” providing a... 

Successful Land Conversion for Power Generation: A Comprehensive Guide to Farmland Conversion for Commercial Projects in Myanmar

[From our Myanmar Office]

Converting farmland for commercial purposes (La Ya 30) in Myanmar involves navigating detailed processes and complying with specific regulations based on Myanmar law. Recently,... 

Consumer Protection in Digital Services: E-Commerce and Digital Payment Systems in Myanmar

[From our Myanmar Office]

Myanmar is undergoing a digital transformation, significantly benefiting consumers and businesses through the growth of e-commerce and digital payment systems. This article examines the... 

Myanmar Tax Booklet 2023-2024 2024-2025

[From our Myanmar Office]

VDB Loi team in Myanmar is delighted to share Myanmar Tax Booklet 2023-2024 2024-2025.  The publication includes following topics:  

New Direct Power Purchase Decree issued in Vietnam

[From our Vietnam Office]

The long-awaited regulation relating to the direct power purchase mechanism has been officially issued in Vietnam. The key highlights include: Direct power purchase can... 

RECENT VDB LOI WORK

Wind power project development in Bangladesh: The team in Bangladesh is assisting an Asian independent power producer with the development of a 55MW wind power project, including conducting a corporate and land due diligence, and providing legal and tax structuring advice.

Intellectual property services in Cambodia: VDB Loi has been engaged to assist a logistics giant with registration of its trademarks in Cambodia.

Regulatory compliance in the Lao PDR: The Lao team is assisting a leasing company with its banking regulatory compliance.

Structuring in Myanmar: An insurance multinational has engaged VDB Loi Myanmar to advise on its corporate restructuring.

Licensing services in Vietnam: The Vietnam team is assisting with licensing for a technology company.

VDB LOI NEWS

Vdb Loi’s Edwin Vanderbruggen Presents at the GDT Workshop on Audits and Tax Crime Investigations

VDB Loi’s Senior Partner, Edwin Vanderbruggen, was honored to be asked to present at the General Department of Taxation’s Standard Operating Procedures for Audit and Tax Crime Investigation workshop...

Open day for Foreign Trade University students in Ho Chi Minh

VDB Loi office in Ho Chi Minh hosted an internship day for one of the groups of law students from Foreign Trade University, during their faculty visit from Hanoi. ...

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