Home » Newsletter » VDB Loi Awarded Best for Tax Cambodia, Law in Laos (VDB Loi Insights)


September 2023


VDB Loi Wins Cambodia Tax Firm of the Year for the Second Time in Three Years!

VDB Loi is thrilled to announce that for the second time in three years our Cambodia office has been named Cambodia Tax Firm of the Year by the ITR...


In focus series. Bilateral Trade Treaties. Vietnam – USA.

[From our Vietnam Office]

This article provides a re-cap of some key policy and protection provisions set out in one of the major bilateral treaties that have been... 

Imposition of 2% Withholding Tax on Service Fees Received by the Private Healthcare Professionals

[From our Myanmar Office]

With effect from 1 September 2023, the Ministry of Planning and Finance has introduced a new Withholding Tax applicable category by Notification 63/2023 (“Notification... 

New Requirements for the First Annual Return of a Newly-incorporated Company

[From our Myanmar Office]

Per Section 97 of the 2017 Myanmar Companies Law, companies must file their first annual return (“AR”) with the Directorate of Investment and Company... 

Cross-Border Engineering, Procurement, and Construction Contracts: Practical Legal Strategies

[From our Cambodia Office]

The engineering, procurement, and construction (“EPC”) contract constitutes an important component when implementing a project. In this article, we will examine some practical issues... 

Cambodian Tax Update: Instruction on Guidelines for Requesting VAT Credits and Refunds

[From our Cambodia Office]

On 8 August 2023, the Ministry of Economy and Finance issued Instruction No. 018 MEF.NT.GDT (the “Instruction”) to provide guidance to taxpayers on the... 

“The Drug and Cosmetics Act 2023”, Act No. 29 dated 18 September 2023 passed by the Bangladesh Parliament

[From our Bangladesh Office]

Aiming to regulate the production, import, and sale of drugs and cosmetics and protect against the production and sale of adulterated drugs and cosmetics... 

“The Land Development Tax Act 2023,” Act No. 31 dated 18 September 2023 passed by the Bangladesh Parliament

[From our Bangladesh Office]

The Bangladesh Parliament recently repealed the Land Development Tax Ordinance of 1976 and introduced the new Land Development Tax Act 2023. The primary objective... 

Circular No. 11 dated 19 September 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Inward Wage Remittances by Licensed Payment Service Providers”

[From our Bangladesh Office]

To boost the inflow of remittances and allow for more flexibility, the Bangladesh Bank has granted permission to licensed payment service providers (“PSPs”) to... 


Solar power project in Bangladesh: The Bangladesh team advised a Chinese energy company on the contractual documentation for a 100MW solar project in Bangladesh.

Regulatory advice for a wind project in Cambodia: VDB Loi is advising a major Asian utility company on the regulatory requirements and procedures for a bilateral wind power project in Cambodia.

Market entry in Laos: VDB Loi Laos is assisting a leading regional international moving company on all aspects of its market entry into Laos.

Regulatory advisory in Myanmar: A leading beverage company has engaged VDB Loi to advise and assist with its regulatory compliance in Myanmar.

Food and Drug Administration approvals in Vietnam: The VDB Loi team is assisting a producer of energy drinks to obtain FDA approval for its products in Vietnam.