INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
VDB Loi Wins Cambodia Tax Firm of the Year for the Second Time in Three Years!
VDB Loi is thrilled to announce that for the second time in three years our Cambodia office has been named Cambodia Tax Firm of the Year by the ITR...
IN THIS ISSUE
In focus series. Bilateral Trade Treaties. Vietnam – USA.
[From our Vietnam Office]
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...
Imposition of 2% Withholding Tax on Service Fees Received by the Private Healthcare Professionals
[From our Myanmar Office]
With effect from 1 September 2023, the Ministry of Planning and Finance has introduced a new Withholding Tax applicable category by Notification 63/2023 (“Notification...
New Requirements for the First Annual Return of a Newly-incorporated Company
[From our Myanmar Office]
Per Section 97 of the 2017 Myanmar Companies Law, companies must file their first annual return (“AR”) with the Directorate of Investment and Company...
Cross-Border Engineering, Procurement, and Construction Contracts: Practical Legal Strategies
[From our Cambodia Office]
The engineering, procurement, and construction (“EPC”) contract constitutes an important component when implementing a project. In this article, we will examine some practical issues...
Cambodian Tax Update: Instruction on Guidelines for Requesting VAT Credits and Refunds
[From our Cambodia Office]
On 8 August 2023, the Ministry of Economy and Finance issued Instruction No. 018 MEF.NT.GDT (the “Instruction”) to provide guidance to taxpayers on the...
“The Drug and Cosmetics Act 2023”, Act No. 29 dated 18 September 2023 passed by the Bangladesh Parliament
[From our Bangladesh Office]
Aiming to regulate the production, import, and sale of drugs and cosmetics and protect against the production and sale of adulterated drugs and cosmetics...
“The Land Development Tax Act 2023,” Act No. 31 dated 18 September 2023 passed by the Bangladesh Parliament
[From our Bangladesh Office]
The Bangladesh Parliament recently repealed the Land Development Tax Ordinance of 1976 and introduced the new Land Development Tax Act 2023. The primary objective...
Circular No. 11 dated 19 September 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Inward Wage Remittances by Licensed Payment Service Providers”
[From our Bangladesh Office]
To boost the inflow of remittances and allow for more flexibility, the Bangladesh Bank has granted permission to licensed payment service providers (“PSPs”) to...
RECENT VDB LOI WORK
Solar power project in Bangladesh: The Bangladesh team advised a Chinese energy company on the contractual documentation for a 100MW solar project in Bangladesh.
Regulatory advice for a wind project in Cambodia: VDB Loi is advising a major Asian utility company on the regulatory requirements and procedures for a bilateral wind power project in Cambodia.
Market entry in Laos: VDB Loi Laos is assisting a leading regional international moving company on all aspects of its market entry into Laos.
Regulatory advisory in Myanmar: A leading beverage company has engaged VDB Loi to advise and assist with its regulatory compliance in Myanmar.
Food and Drug Administration approvals in Vietnam: The VDB Loi team is assisting a producer of energy drinks to obtain FDA approval for its products in Vietnam.
Archive
- What to Know About the Legal and Tax Implications of Official Development Assistance Projects in Cambodia
March 2024 - Frequently Asked Questions on Corporate Registration in Cambodia
February 2024 - Update on Tax Challenges for Foreign Airlines in Cambodia
January 2024 - Prime Minister Lines Up Wide Range of Tax Incentives (VDB Loi Insights)
November 2023 - Our Yangon Office: New Address (VDB Loi Insights)
October 2023 - VDB Loi Awarded Best for Tax Cambodia, Law in Laos (VDB Loi Insights)
September 2023 - Cambodian Government Increases Subsidies for Pregnant Women and Young Children (VDB Loi Insights)
August 2023 - Vietnam New Regulation from State Bank of Vietnam on Foreign Loans (VDB Loi Insights)
July 2023 - Automated System to Apply for E-Commerce Licenses/Permits Available (VDB Loi Insights)
June 2023 - New National Power Development Plan in Vietnam (VDB Loi Insights)
May 2023 - 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