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INSIGHTS THIS MONTH

January 2021

HIGHLIGHT OF THIS MONTH

What Is Different About Cambodia’s New Solar Project Tender?

On 1 December 2020, Cambodia’s public utility the Electricité du Cambodge (“EDC”) launched a tender for the second phase of its National Solar Park project. The first phase, 60MW,...

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

[From our Camboida 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...

A journey of a thousand miles begins with a single step… A practical step plan for expatriate’s return and travel to Myanmar in the current conditions

[From our Myanmar Office]

Clients have been often raising queries relating to the process and actions required to arrange for a travel to Myanmar by an expatriate employee....

Lao PDR Takes Progressive Measures to Promote Foreign Trade

[From our Laos Office]

With Lao PDR acceding to the World Trade Organization (“WTO”) in 2013 and subsequently ratifying the Trade Facilitation Agreement (“TFA”), which came into force...

RECENT VDB LOI WORK

VDB Loi’s tax expertise is well-known by major infrastructure developers in Myanmar: The Tax team has been chosen to handle all tax compliance matters for the company set up by the sponsors to develop and operate an industrial park in a special economic zone in Myanmar.

Clients choose VDB Loi for its breadth of services: The Corporate and Energy teams are advising a major player in the oil and gas sector on the structuring and implementation of its retail business in Myanmar in partnership with an existing local conglomerate.

Market entry of retail food multinational: VDB Loi is assisting on all aspects of the market entry of a multinational company involved in the retail sale and delivery of food products.

Growing renewable energy practice in Cambodia: VDB Loi in Cambodia is providing legal and tax structuring and advisory services ahead of the bid submission for the National Solar Park (Phase 2) tender with Electricite du Cambodge.

VDB Loi’s Energy team brings a unique level of expertise to its clients: The Energy team has been engaged by three different energy companies for a review of the operation of three different existing power projects in Myanmar.