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INSIGHTS THIS MONTH

June 2020

HIGHLIGHT OF THIS MONTH

Loan Transactions In Southeast Asia: Getting Through The Challenging Times

The evolving pandemic has substantial implications on all sectors and forms of business. In this report VDB Loi banking and finance experts are looking in particular detail into possible...

IN THIS ISSUE

Myanmar’s COVID-19 Economic Relief Plan: Navigating Tough Times With Tax Reliefs

[From our Taxation Team]

The Office of the President issued Order 1/2020 related to Union Tax Law (“Order”), which prevails as the law, on 12 June 2020. The... 

VAT Guideline on Business Asset Disposals

[From our Cambodia Office]

On 5 May 2020, the General Department of Taxation (“GDT”) issued a guideline on the value added tax (“VAT”) treatment of business asset disposals.... 

The New Mechanism for Encouraging the Solar Power Development in Vietnam

[From our Vietnam Office]

Nearly nine months after June 30 2019, when the preferential price for solar power of US9.35 cents per kWh expired, the new price of... 

RECENT VDB LOI WORK

Tax structuring of power projects: Our expert Tax team is assisting a regional oil & gas company with the tax structuring of its domestic gas-to-power project.

VDB Loi remains at the forefront of Myanmar’s microfinance expansion: Our Banking and Finance team has acted for a European DFI on its financing of one of the largest microfinance institutions in Myanmar.

Intellectual property work: VDB Loi is handling the trademark registration for a regional power company.

Regulatory compliance: The Regulatory Team is assisting a major regional power company with its MIC and corporate compliance.

Tax planning for solar power bid: The Tax team is advising a European renewable energy company on the tax implications of its planned solar power project bid.

VDB LOI NEWS

VDB Loi Advises Ever Flow River Group On Its Listing On The Yangon Stock Exchange

Ever Flow River Group (“EFR“) is a fully integrated total logistics service provider. In order to be a contributor to the Myanmar economy, EFR intends to invest and develop...

VDB Loi Lands Three Nominations For The 2020 ITR Tax Awards

The International Tax Review (ITR) Asia Tax Awards acknowledge extraordinary achievements and developments by international tax professionals from the Asia-Pacific (APAC) region annually. This year, VDB Loi is honored to be nominated in three categories:  Myanmar...