Sector: Corporate M&A

March 25, 2024

要するに、外国企業が事業を行うためにはカンボジアで事業体を登録する必要がありますが、法人である必要はありません。カンボジアの商業企業法(LCE)によると、3つの形態のいすれかを選択することができます。

March 25, 2024

Briefly, a foreign business must register an entity in Cambodia in order to carry on a business, but it is not necessary to be in the form of a company. According to the Law on Commercial Enterprise (“LCE”) of Cambodia, a foreign business may choose one of the three forms.

March 19, 2024

为了将线下监控系统转变为线上监控系统,缅甸投资委员会(简称“MIC”)于2024年2月21日发布了通知(简称“通知”),宣布持有许可证或认可的公司将有更多时间重新注册并将数据录入新的缅甸投资在线(简称“MyinO”)系统。这也意味着与这些公司外国员工相关的申请的过渡期也延长了,允许截止日期2024年6月30日前,继续以纸质形式提交申请。 因此,无论您是考虑申请投资许可证,或已经拥有许可证,或打算为您的缅甸投资业务雇佣外国专家,以下是您需要了解的关键细节: 需要重新录入到系统的数据是什么? 根据该通知,持有投资许可证的公司,必须确保重新输入所有与投资相关数据,包括许可证颁发日期后所做的任何活动或投资变更。 重新录入数据的过渡期是什么时候? 数据重新录入和提交与公司外国员工相关的申请的过渡期从原定的截止日期2023年9月1日延长至2024年6月30日。此日期之后,所有外国员工任命申请只能通过MyInO系统进行提交。 所有投资许可证持有者都必须在MyinO系统中重新录入信息吗? 虽然没有明确规定必须重新注册,但实际上,这对于申请处理是必要的,因为只有在投资数据录入系统后,才能进行后续的申请提交。 关于外国专家任命的申请如何提交? 在过渡期间,所有与外国专家相关的事务,如任命外国专家(工作居留许可)、调整员工人数以及管理外国专家的辞职,仍然可以通过邮寄或现场递交,除此之外,还可以在重新录入数据后通过MyInO提交。然而,在过渡期结束后(即根据通告为2024年6月30日),此类外国员工任命只能通过在线提交进行。 如果不遵守通知的后果是什么? 尽管投资公司在MyinO的数据重新录入并非强制性的,但如果未能这样做,将无法在线提交工作许可申请,也不再接受现场提交。因此,建议所有投资许可证持有者尽快重新录入信息,以免对公司业务运营造成延误,因为重新录入信息过程可能需要时间。 如果您有任何疑问或需要帮助,请联系您的VDB Loi专属顾问。

March 19, 2024

On 21 February 2024, the Myanmar Investment Commission (“MIC”) announced an extension of the deadline for companies holding MIC permits or endorsements to re-register and enter all their existing data into the new Myanmar investment online system (“MyInO”) to 30 June 2024. This also means an extension of the transition period for applications related to […]

March 12, 2024

Following where China has been spending and investing its Belt & Road Initiative (“BRI”) capital can provide FDI clues and reveal new opportunities in recipient countries. As infrastructure builds start to yield productive user cashflows and the need for subsequent support services arises, case studies for investment potential become apparent. In this new series, we […]

March 6, 2024

Under Prakas No. 148, a certification of items and quantities of chemical substance use for the purpose other than medicine production shall be obtained before import the products to Cambodia. The process applying for this certification is a straight forward. The application shall submit the application form and fees is to be done at the Single […]

March 4, 2024

To streamline foreign trade finance and align with global market trends and prevailing interest rates, an annual all-in cost ceiling has been established. This ceiling will include a markup of 4% over the benchmark rate, such as the Secured Overnight Financing Rate (SOFR), Euribor, etc., and will apply to the respective foreign currency for short-term […]

February 19, 2024

The Ministry of Industry and Commerce (“MOIC”) issued a decision in May 2023 to require goods import-export businesses to register with the MOIC to obtain a goods import-export operator registration certificate (“Goods Import-Export Registration Certificate”) in the Lao PDR (which is in addition to an import-export license or other business operation license) by 31 August […]

February 19, 2024

VDB Loi Cambodia has just released the latest corporate booklet on ‘Frequently Asked Questions on Corporate Registration in Cambodia’ in both English and Japanese versions. Whether you’re a startup enthusiast or a seasoned business owner, this guide is a must-have! Snag your free hard copy at our office or reach out to Pangarith Buntheth ([email protected]) […]

February 5, 2024

VDB Loi Vietnam has issued an updated version of the Project Finance Guide.   The overview covers some of the most frequently raised structuring queries relating to implementation of cross-border project financings in Vietnam: corporate arrangements, finance and security documentation, tax implications. Please contact Ms. Le Thi Thanh Thuy at [email protected] to request a full […]

December 8, 2023

On 5 December 2023, the Central Bank of Myanmar (“CBM”) announced, through its letter no. 1/2937 (“Letter 1/2937”), that it will no longer determine the foreign exchange rate on foreign currency transactions made through authorized dealer (“AD”) banks via the foreign exchange online trading system. Consequently, sellers and buyers are now free to determine the […]

November 14, 2023

On 2 October 2023, the Ministry of Commerce (“MOC”) introduced its e-commerce registration system, known as eComReg, during an awareness-raising event held at the Union of Myanmar Federation of Chambers of Commerce (“UMFCCI”) in Yangon. Individuals and entities engaging in e-commerce activities are now required to register via this new system. Who needs to be […]

November 2, 2023

The draft Customs Bill of 2023 aims to establish fiscal responsibility and transparency in the collection of import revenue and the facilitation of trade. This bill has been revised to incorporate contemporary provisions for revenue collection, the expansion of import and export trade, the promotion of business activities, and the growth of new industrial sectors. […]

November 2, 2023

The latest regulations introduce a novel concept, defining a “public interest entity” based on the minimum workforce employed. According to the FRC, for a corporation or institution to be classified as a public interest entity, it must have a workforce of at least 50 individuals. In these regulations, “workforce” encompasses all individuals engaged within an […]

November 2, 2023

The framework consists of 66 rules along with various forms and exhibits, aimed at ensuring a level playing field, efficiency, transparency, and orderliness in trading commodity derivatives contracts. These rules serve to protect the interests of investors and the public while fostering the growth of the commodity derivatives market. Key highlights The new regulations cover […]

October 16, 2023

On September 19, 2023, Ho Chi Minh City People’s Council held a direct thematic meeting to discuss important issues related to Resolution 98/2023/QH15 (“Resolution 98”) on pilot implementation of particular policies for the development of Ho Chi Minh City. Within the framework of the meeting, the authority has approved a list of various projects, including […]

September 28, 2023

To boost the inflow of remittances and allow for more flexibility, the Bangladesh Bank has granted permission to licensed payment service providers (“PSPs”) to facilitate the receipt of wage remittances from abroad in collaboration with globally-recognized online payment gateway service providers, banks, digital wallets, card networks, and foreign PSPs. To implement this, PSPs will be […]

September 28, 2023

Aiming to regulate the production, import, and sale of drugs and cosmetics and protect against the production and sale of adulterated drugs and cosmetics in the country, the Bangladesh Parliament passed the Drug and Cosmetics Act 2023. The new law repeals the Drugs Act, 1940 and the Drugs (Control) Ordinance, 1982. In a change from […]

September 7, 2023

This article provides a re-cap of some key policy and protection provisions set out in one of the major bilateral treaties that have been concluded between Vietnam and the United States of America – Agreement “On Trade Relations” (2000), as well as a summary of key investment incentives in Vietnam.

September 5, 2023

The Ministry of Commerce (“MOC”) has now classified e-commerce, defined as the practice of selling goods or services through an online consumer platform on the internet, as an essential service under Section 4(c) of the Essential Supplies and Services Law via Notification No. 50/2023 dated 21 July 2023. Coupled with this, the MOC issued an […]