Home » Newsletter » Phnom Penh Lockdown: Who Remains Open? Which Authorities Still Work?

INSIGHTS THIS MONTH

April 2021

HIGHLIGHT OF THIS MONTH

Phnom Penh Lockdown: Who Remains Open? Which Authorities Still Work?

On the night of 14 April, the Cambodian Government ordered a number of restrictions in response to the recent rise in COVID-19 infections by means of Decision nr. 49...

Cambodia Monthly Tax Filing Delayed

[From our Cambodia Office]

The Cambodian tax authority, the General Department of Taxation (“GDT”), has instituted an extension for all monthly tax returns normally due on 25 April. ...

Overview of Recent Notifications Issued by the Central Bank of Myanmar

[From our Banking and Finance Team - Myanmar Office]

Below is a brief summary of some of the recent directives and instructions issued by the Central Bank of Myanmar (“CBM”). Minimum Reserve Requirement...

Covid 19 New Order – VDB Loi Operations During Phnom Penh Lockdown

[From our Cambodia Office]

In accordance with the recent Government directed business closures and stay-at-home orders, we would like to inform you as follows: VDB Loi in Phnom...

RECENT VDB LOI WORK

Loan assistance: Our Banking and Finance team assisted an online food and grocery delivery multinational with approval to bring in an offshore loan.

Payroll services: VDB Loi is engaged by numerous multinational clients to assist with their employee payroll processing.

Mixed-use development project in Cambodia: We provided market entry advice on the development of a mixed-use condominium project for a leading regional real estate developer.

Employment and labor: Our team is advising a global data analytics company on liquidation and the associated employment issues.

Advice on Myanmar operations: We are advising a heavy equipment supplier on dividend payment, employment termination, post-sales services, and other issues of concern.