Home » Newsletter » Update on Investment Licensing in Bangladesh: New BIDA Practices


October 2021


Update on Investment Licensing in Bangladesh: New BIDA Practices

Dubbed by some “an economic miracle”, even the global pandemic has not been able to stamp out Bangladesh’s upward development trajectory. It eked out its larger neighbor India in...


Bangladesh: New Rules for E-Commerce Marketplaces. Need to Register, Deliver within 5 or 10 days

[From our Bangladesh Office]

The Ministry of Commerce (MOC) has issued a list of standards and rules applicable to e-commerce operators, the Digital Commerce Operational Guidelines 2021 (“the... 

Intra Group Services – Are Cambodian taxpayers waving a red flag to the GDT? Part Two

[From our Cambodia Office]

Part One of our articles focusing on intra-group services in Cambodia highlighted the importance of Cambodian taxpayers being able to fundamentally prove that intragroup... 

Duty-Free Business and What Tax Involves?

[From our Vietnam Office]

Overview Vietnam’s duty-free retail is emerging as a new attractive investment channel for both local and foreign investors. With the issuance of new regulations... 

Announcement to File Quarterly and Annual Returns via E-filing Management System

[From our Taxation Team - Myanmar Office]

The Internal Revenue Department (“IRD”) has launched an e-filing management system aimed at increasing the convenience of quarterly and annual return filings. As taxpayers... 

New Amendments to the Foreign Exchange Management Law

[From our Banking and Finance Team - Myanmar Office]

The State Administration Council passed Law No. 57/2021 on 6 October 2021 (“Law”) amending certain sections of the Foreign Exchange Management Law 2012 (“FEML”).... 

How to Get a Tax Refund From Internal Revenue Department?

[From our Taxation Team - Myanmar Office]

Tax refunds for Commercial Tax (“CT”), Corporate Income Tax (“CIT”), and Specific Goods Tax (“SGT”) can arise if the total tax paid during the... 

Stay Permits, Work Permits, and Entry Visas Can Now Be Applied for Online

[From our Regulatory Team - Myanmar Office]

On 30 September 2021, the Directorate of Investment and Company Administration (“DICA”) announced that companies holding an MIC permit or MIC endorsement can now... 

Lao PDR’s New E-commerce Decree – What to Look Out for?

[From our Laos Office]

As online sales of goods and services continue to grow in the Lao PDR, accelerated by the impact of  the COVID-19 pandemic, which has... 


Acquisition in the energy sphere: The VDB Loi Laos team assisted an Asian energy solutions provider on the sale of a stake in the Lao subsidiary of a regional renewable energy player.

Project structuring advisory in Myanmar: The Energy team is assisting a major Asian player in the structuring of their gas importation and distribution project in Myanmar.

Public-private partnerships: VDB Loi Cambodia is advising an international financial institution on a public-private partnership policy framework in Cambodia.

Compliance services for regional O&G player: The Tax team has been engaged by a major regional O&G operator to handle its payroll and tax compliance obligations in Myanmar.

Tax due diligence in Myanmar: VDB Loi is conducting a tax due diligence in Myanmar for the client of an international consulting group.