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INSIGHTS THIS MONTH

October 2020

HIGHLIGHT OF THIS MONTH

New Rules Issued for Unsolicited Projects

The PPP Center, created in late 2018 pursuant to the Project Bank Notification, has finally issued its first notification on guidelines for unsolicited proposals, dated 2 October 2020 (the...

IN THIS ISSUE

Key Updates on Myanmar Withholding Tax Implications on Offshore Services

[From our Taxation Team]

The Withholding Tax (“WHT”) regime is a mechanism to tax a non-resident for income derived from Myanmar. In the past, the definition of income... 

我々はEPGE(電力発電公社)の1060MW太陽 光発電入札から学んだことは。

[From our Energy and Infrastructure]

入札提案書の審査が終わり第一次落札者は決まった。2020年6月に告知されたミャンマーでは最大激戦と言われる再生可能エネルギーに関する入札の焦点は落札企業が本当にプロジェクトを履行し入札で定められた厳しいスケジュール内で完成させられるかに移った。 ハイライト(要点) 入札書作成の準備時間が本当に短かったのだろうか。 中国企業は政府から不公平なアドバンテージを受けていたのだろうか。 電気代はいくらであろか。 果たして、プロジェクトは予定通り履行されるのか。 同様の入札が今後もあるのだろうか。従来のネゴベースの査定はあるのか 

RECENT VDB LOI WORK

Food and Drug Administration approvals: VDB Loi’s Regulatory team is assisting a major producer of nutritional beverages and energy drinks to obtain FDA approval to import and distribute its products in Myanmar.

Government liaison work for solar project: VDB Loi is advising the sponsor of a solar power project in Mandalay region with all liaison work with the governmental authorities for the implementation of its project.

Tax and regulatory advisory for market entry and operations: VDB Loi is advising a global leader in engineering and construction on company establishment and the tax implications of the service arrangements for a power project in Myanmar.

Tax advisory for EPCI project: The Tax team has been engaged by a multinational oilfield services company to provide advice on tax implications and structuring for its complex onshore and offshore service arrangements for a project in Myanmar.

Advisory for international law firm: VDB Loi is advising a multinational law firm on Myanmar compliance issues for legal advisory services.