INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
The New Laws on Investment and Public-private Partnership: Setting the Foundation for Advanced Private Investment Landscape in Cambodia
Two new laws related to private investments were recently adopted in Cambodia. The Law on Investment dated 15 October 2021 (the “New Law on Investment”) and the Law on...
IN THIS ISSUE
Bangladesh – A Model PPP Investment Destination
[From our Bangladesh Office]
In an otherwise complex context, the Public-Private Partnership (“PPP”) experience in Bangladesh demonstrates a high level of transparency from which neighboring countries in the...
2021 Amendment of the Tax Laws – Key Changes and Impacts
[From our Laos Office]
The amendment of the tax laws No. 01/NA dated 7 August 2021 (“Tax Law Amendment 2021”) was adopted by Presidential Decree No. 231/P dated...
What Major Changes Are Included Under The Union Tax Law 2021?
[From our Taxation Team - Myanmar Office]
The Union Tax Law 2021 (“UTL 2021”) was enacted on 30 September 2021 by the State Administration Council (“SAC”). It is applicable for the...
Reduced Personal Income Tax under UTL 2021
[From our Taxation Team - Myanmar Office]
In order to shore up the economy and investments affected by the COVID-19 pandemic; the state administration council has increased the income ranges at...
New Instruction on Rules and Procedures on Credit and Debit Notes
[From our Cambodia Office]
Credit notes and debit notes are used when there is an over- or under-charge on a customer’s invoice. Article 49 of the VAT Sub-Decree...
Audit Report and Financial Statement Submission Requirements for the Year 2021
[From our Cambodia Office]
Over the last few months, the Accounting and Auditing Regulator (“ACAR”) has issued several notifications with regard to accounting report compliance requirements. We summarize...
RECENT VDB LOI WORK
Full spectrum of services in the Lao PDR: We provided start-to-finish legal and tax assistance to the subsidiary of a regional energy and infrastructure company on its acquisition of a state-of-the-art hospital in the Lao PDR.
Labor compliance in Cambodia: The Cambodia team is assisting both multinational and local companies with meeting their labor compliance obligations.
Precedent-setting tax ruling in Myanmar: The Tax team obtained a first-of-its-kind favorable tax ruling for a major regional power company confirming exemptions from taxes and duty on certain imported equipment.
Corporate structuring services in Myanmar: We advised on the optimal corporate structuring for an INGO’s projects in Myanmar.
Regulatory advisory in Bangladesh: The new VDB Loi team in Bangladesh advised on the local regulatory aspects of the provision of training and education services.
Archive
- Myanmar: Major Changes in the Union Tax Law 2023 (VDB Loi Insights)
April 2023 - Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia (VDB Loi Insights)
March 2023 - Maximizing Benefits from Investment Incentives (VDB Loi Insights)
February 2023 - Is Land Acquisition the Real Reason Behind the Unbearable Delay of Solar Projects? (VDB Loi Insights)
January 2023 - VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia (VDB Loi Insights)
November 2022 - New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia (VDB Loi Insights)
October 2022 - Foreign Construction Contractor in Vietnam: Local Compliance Framework (VDB Loi Insights)
September 2022 - Setting Up Or Acquiring Manufacturing Business In Vietnam
August 2022 - Pathway to an Independent Power Project in Vietnam
July 2022 - Foreign loans for Vietnamese borrowers – Q&A
June 2022 - Green Finance in Southeast Asia
May 2022 - How Does Bangladesh’s Blockchain Strategy Look Like?
April 2022 - VDB Loi Cambodia Wins IFLR Asia-Pacific National Law Firm of the Year Award
March 2022 - Will Income From Cryptocurrency Be Taxed In Vietnam? (VDB Loi Insights)
February 2022 - The New Laws on Investment and Public-private Partnership: Setting the Foundation for Advanced Private Investment Landscape in Cambodia
January 2022 - Bangladesh Project Finance Update: Some New Developments and Practices on the Local Aspects of Cross-border Financing in Bangladesh
November 2021 - Update on Investment Licensing in Bangladesh: New BIDA Practices
October 2021 - Intra Group Services – Are Cambodian Taxpayers Waving a Red Flag to the GDT? Part One
September 2021 - VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year
August 2021 - New Regulation in Cambodia on Road Transportation Services Provided With the Use of Digital Technologies
July 2021 - Tax Amnesty on Undisclosed Income at Reduced Tax Rates
June 2021 - M&A Hot Issues
May 2021 - Phnom Penh Lockdown: Who Remains Open? Which Authorities Still Work?
April 2021 - Annual Audit of Personal Income Tax in the Lao People’s Democratic Republic (VDB Loi Insights)
March 2021 - New Tax Rules in Laos, Solar Bids in Cambodia, Expat Labor Rules Myanmar
February 2021 - What Is Different About Cambodia’s New Solar Project Tender? (VDB Loi Insights)
January 2021 - Laos: Key Changes to Secured Transactions
November 2020 - New Rules Issued for Unsolicited Projects in Myanmar
October 2020 - VDB Loi Celebrates Outstanding Asialaw Rankings (VDB Loi Insights
September 2020 - VDB Loi Crowned Tax Firm Of The Year For Third Time At The 2020 ITR Tax Awards
August 2020 - Challenging Times Ahead? What Lenders and Other Creditors Need to Know About Myanmar’s New Insolvency System
July 2020 - Loan Transactions In Southeast Asia: Getting Through The Challenging Times
June 2020 - How To Win at Myanmar’s Solar Tender, Part of COVID-19 Stimulus Package?
May 2020 - Do Employees Have the Right to Work Remotely? Questions on Labor Law Facing the Corona Virus Outbreak
April 2020 - Myanmar, Cambodia and Laos Facing the Pandemic Challenge
March 2020 - Project Bank (finally) published
February 2020 - Myanmar Approved FDI for 2019 in Power Sector: All Projects Selected VDB Loi as Advisor
January 2020 - The Impact of the 2019 Construction Law on Property Development in Cambodia
November 2019 - Can you sue a dissolved company? (VDB Loi Insights)
October 2019 - Myanmar Arbitration Update
September 2019 - Myanmar Passes New Law for Land Acquisition, Resettlement and Rehabilitation
August 2019 - How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps. (VDB Loi Insights)
July 2019 - Power Surge at MOEE
June 2019 - Myanmar About to Launch Power Barge Tender
May 2019 - VDB Loi Insights
April 2019 - VDB Loi Wins Law Firm of the Year
March 2019