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February 2021


Breaking news! Finally released, instructions on the implementation of the Income Tax Law!

On 10 February 2021, the Minister of Finance issued Instruction No. 0819/MoF (the “Instruction”) to implement the Income Tax Law No. 67/NA dated 18 June 2019. There are a...


More Bids Than Expected at Cambodia’s 40 MW Solar tender

[From our Cambodia Office]

On 17 February, EDC has received 14 bids, at the tender for Phase 2 of the National Solar Park project which is more than... 

Year in Review: Developments in Banking Regulations of Central Bank of Myanmar – 2020

[From our Banking and Finance Team]

The Central Bank of Myanmar (“CBM”) has published a number of directives in the year 2020 many of which are aimed at supporting the... 

Cambodia – Tax Changes and Relief Affecting Your 2020 Corporate Income Tax Return

[From our Cambodia Office]

On 29 January 2020, the Ministry of Economy and Finance issued Prakas No. 098 MEF.PrK on Tax on Income (“Prakas 098”), which made several... 

Temporary Suspension of Employment Contract Registration for Expats?

[From our Corporate M&A Team]

Under the Ministry of Labor, Immigration, and Population Notification No 140/2017, in addition to it being an obligatory requirement that the employment contract (the... 


Project advisory solar power: VDB Loi is advising a Myanmar conglomerate on land and joint venture matters in relation to five solar power projects under development in Myanmar.

Tax advisory services: VDB Loi’s Tax team provided tax structuring and compliance advice for a leading Asian healthcare services provider.

Tax team trusted by local and foreign companies alike: VDB Loi has been engaged by a number of local foreign companies for their tax compliance needs, including a leading Southeast Asia food and beverage company.

Lenders choose VDB Loi: We are advising a Chinese multinational banking company on potential remedies and options for enforcement actions against a borrower.

TMT expertise: VDB Loi has been engaged by a leading European law firm to review terms of services and data privacy policies for online content services for their compliance with Myanmar law.