Home » Newsletter » How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps. (VDB Loi Insights)

INSIGHTS THIS MONTH

July 2019

HIGHLIGHT OF THIS MONTH

How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps.

Not much works without electricity, and not much moves without roads, ports and railways to move it on. Infrastructure, including electricity, is the obvious key to unlocking the huge...

IN THIS ISSUE

Client Alert: Double Taxation Agreement with Hong Kong

[From our Cambodia office]

In June 2019, the Royal Government of Cambodia announced that a double taxation agreement (“DTA”) was signed with the Government of Hong Kong Special... 

Cambodia Legal Update: Seniority Payments – New Regulations Bring Some Things into Clearer Focus

[From our Cambodia Office]

As you may be aware, the Ministry of Labor and Vocational Training (“MLVT”) has issued several regulations since its introduction of an employee seniority... 

Client Alert: GDT tightens the definition of zero-rated VAT export services

[From our Cambodia Office]

When applying Value Added Tax (“VAT”), a key consideration is the place of delivery of the goods or services, which is often determined by... 

Client Alert: Immediate Enforcement of Capital Requirements for Foreign-invested Trading Companies

[From our Laos Office]

On 25 June 2019, The Ministry of Industry and Commerce issued Notice No. 0764/ERMD.IC (the “Notice”) instructing its provincial and Vientiane Capital divisions to... 

Enforcement against illegal foreign businesses in the Lao PDR

[From our Laos Office]

On 12 June 2019, the Division of Industry and Commerce, Vientiane (“DIC-Vte”) issued Instruction No. 0651 (the “Instruction”) regarding measures to be taken against... 

OUR UPCOMING EVENTS

CLMV (Cambodia, Laos, Myanmar and Vietnam) Projects and Finance Update

5 August 2019, Singapore

  • Deal roundup
  • Due diligence case studies
  • Deal structuring
  • Local approvals and government guarantees
  • Security package and debt enforcement

RECENT VDB LOI WORK

Power barge tender: The Energy Team is advising on the tender for a power barge rental project.

Infrastructure financing: VDB Loi is advising a Chinese multinational banking company on its financing of a port terminal project.

TMT financing: VDB Loi is assisting a major Myanmar tower company on the financing of tower acquisitions and construction.

Tax structure optimization: A regional design company has engaged our experts to advise on tax structuring options for a new and complex services project.

Labor compliance: The Regulatory team is assisting on employment contract matters for a global insurance company.

Land for power project: VDB Loi’s special land acquisition team has started work on the process for land procurement for a large electric power project.

NEW MYANMAR LAWS AND REGULATIONS THIS MONTH

Child Rights Law 2019 (Law No: 22/ 2019)
(23 July 2019)
Newly enacted for the protection of child rights and repealed the old one of 1993

VDB LOI NEWS

VDB Loi joins IPFA and Willis Towers Watson Event Panel

On 10 July 2019, IPFA hosted an event in partnership with Willis Towers Watson titled “Yangon – A New Era for Public-Private Partnerships (PPPs) in Myanmar – Opportunities, Associated...