INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
VDB Loi Crowned Tax Firm Of The Year For Third Time At The 2020 ITR Tax Awards
For the second consecutive year, VDB Loi Myanmar has managed to claim the coveted International Tax Review (ITR) Tax Firm of the Year award in 2020, in addition to winning this...
IN THIS ISSUE
New Batch of Projects Fed Into the Project Bank
[From our Energy and Infrastructure Team]
As Myanmar is experiencing a new wave of local COVID-19 transmissions and the outbreak is continuing to disrupt Myanmar’s economy and business operations, the...
Insurance Law Amended – Key Changes in the Insurance Regime of the Lao People’s Democratic Republic
[From our Laos Office]
The Law on Insurance (amended) No. 78/NA dated 29 November 2019, (the “Amended Insurance Law”) came into effect on 14 April 2020, after it...
Lao PDR Amends Its Land Law – What’s New?
[From our Laos Office]
Today sees the entry into force of the new Law on Land No. 70/NA dated 21 June 2019 (the “2019 Land Law”), which among...
Continued Tax Amnesty on Undisclosed Income at Slightly Higher Income Tax Rates
[From our Taxation Team]
If an individual or a company is buying a capital asset or making an investment, the source of income is required to be provided...
Cambodia Legal Update – Labor Law – Deadline to Apply for Foreign Employees Quota Approval for 2021
[From our Cambodia Office]
Employers should be aware that 2021 labor compliance deadlines are approaching. The period to apply to the Ministry of Labor and Vocational Training (“MLVT”)...
Capital Gains Tax
[From our Cambodia Office]
Capital Gains Tax (“CGT”) has finally been introduced in Cambodia by Prakas no. 356 MEF.Prk dated 1 April 2020, issued by the Ministry of...
OUR UPCOMING EVENTS
RECENT VDB LOI WORK
Expertise on M&As: We are acting for a consortium of investors on the acquisition of a company involved in the distribution of consumer products in the renewable energy space.
Cross-border tax planning: VDB Loi is providing a Singaporean distributor of downstream oil & gas products with cross-border tax planning and structuring advice for its entities in Myanmar.
Tax advisory for infrastructure projects: We are advising a Chinese construction company on the tax implications of its infrastructure projects in Myanmar.
Market entry expertise: MNCs from a variety of industries rely on VDB Loi’s experts to provide their incisive knowledge and understanding of the Myanmar business and regulatory environment for their market entries.
Licensing for international investors: VDB Loi’s Licensing team assists international investors, Including a regional engineering company and a global telco, with their licensing and corporate compliance matters.
Archive
- New Tax Audit SOPs in Cambodia: What Businesses Need to Know (VDB Loi Insights)
July 2024 - Cambodia Tax Update: Key Changes to Signboard, Rental, Accommodation, and Public Lighting Taxes
June 2024 - Vietnam: Updates on Latest Developments in Energy Market Regulations
May 2024 - Cambodia Poised to Clarify Profit Attribution and Transfer Pricing of Cross Border Shipping Income
April 2024 - What to Know About the Legal and Tax Implications of Official Development Assistance Projects in Cambodia
March 2024 - Frequently Asked Questions on Corporate Registration in Cambodia
February 2024 - Update on Tax Challenges for Foreign Airlines in Cambodia
January 2024 - Prime Minister Lines Up Wide Range of Tax Incentives (VDB Loi Insights)
November 2023 - Our Yangon Office: New Address (VDB Loi Insights)
October 2023 - VDB Loi Awarded Best for Tax Cambodia, Law in Laos (VDB Loi Insights)
September 2023 - Cambodian Government Increases Subsidies for Pregnant Women and Young Children (VDB Loi Insights)
August 2023 - Vietnam New Regulation from State Bank of Vietnam on Foreign Loans (VDB Loi Insights)
July 2023 - Automated System to Apply for E-Commerce Licenses/Permits Available (VDB Loi Insights)
June 2023 - New National Power Development Plan in Vietnam (VDB Loi Insights)
May 2023 - Myanmar: Major Changes in the Union Tax Law 2023 (VDB Loi Insights)
April 2023 - Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia (VDB Loi Insights)
March 2023 - Maximizing Benefits from Investment Incentives (VDB Loi Insights)
February 2023 - Is Land Acquisition the Real Reason Behind the Unbearable Delay of Solar Projects? (VDB Loi Insights)
January 2023 - VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia (VDB Loi Insights)
November 2022 - New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia (VDB Loi Insights)
October 2022 - Foreign Construction Contractor in Vietnam: Local Compliance Framework (VDB Loi Insights)
September 2022 - Setting Up Or Acquiring Manufacturing Business In Vietnam
August 2022 - Pathway to an Independent Power Project in Vietnam
July 2022 - Foreign loans for Vietnamese borrowers – Q&A
June 2022 - Green Finance in Southeast Asia
May 2022 - How Does Bangladesh’s Blockchain Strategy Look Like?
April 2022 - VDB Loi Cambodia Wins IFLR Asia-Pacific National Law Firm of the Year Award
March 2022 - Will Income From Cryptocurrency Be Taxed In Vietnam? (VDB Loi Insights)
February 2022 - The New Laws on Investment and Public-private Partnership: Setting the Foundation for Advanced Private Investment Landscape in Cambodia
January 2022 - Bangladesh Project Finance Update: Some New Developments and Practices on the Local Aspects of Cross-border Financing in Bangladesh
November 2021 - Update on Investment Licensing in Bangladesh: New BIDA Practices
October 2021 - Intra Group Services – Are Cambodian Taxpayers Waving a Red Flag to the GDT? Part One
September 2021 - VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year
August 2021 - New Regulation in Cambodia on Road Transportation Services Provided With the Use of Digital Technologies
July 2021 - Tax Amnesty on Undisclosed Income at Reduced Tax Rates
June 2021 - M&A Hot Issues
May 2021