INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia
On 29 November 2022, VDB Loi hosted the “New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia” seminar in collaboration with Electricite du Cambodge, the Securities and Exchange...
IN THIS ISSUE
All Border Trade Transactions Will Be Allowed Only via Banking System Starting From 1st November 2022
[From our Myanmar Office]
To strengthen the compliance with the report from the Financial Action Task Force (“FATF”), Ministry of Commerce (“MOC”) has issued its bulletin no. 10/2022...
Myanmar: FATF’s Call for Action to Apply Enhanced Due Diligence Measures
[From our Myanmar Office]
As Financial Action Task Force (“FATF”) reported, one of the outcomes of the FATF 20-21 October 2022 Plenary, was that Myanmar has been added...
Newly Enacted Law on Registration of Association
[From our Myanmar Office]
The State Administration Counsil (“SAC”) passed the new Registration of Association Law 2022 on 28 October 2022 (“2022 RAL” or the “Law”) to regulate...
Instruction No. 27185 GDT dated 14 November 2022 issued by the General Department of Taxation on “The hanging or displaying of the tax registration documents at the business premises”
[From our Cambodia Office]
On 14 November 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 27185 GDT, on the hanging or display the tax...
Instruction No. 26118 GDT dated 28 October 2022 issued by the General Department of Taxation on “The Use of Exchange Rates for Self-Assessment Taxpayers”
[From our Cambodia Office]
On 28 October 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 26118, on the implementation of the official exchange rate...
SRO No. 255-Law/2022, on “The Air Pollution Rules 2022”, dated 25 July 2022
[From our Bangladesh Office]
Aiming to protect environmental health, the government has published a new rule based on section 20 of The Bangladesh Environment Conservation Act, 1995. The...
SRO No. 257-Law/2022, on the “Electricity Rules 2022”, dated 4 August 2022
[From our Bangladesh Office]
The government introduced a new rule based on the Electricity Act of 2018, named Electricity Rules 2022. In this new rule, among many things,...
RECENT VDB LOI WORK
Market entry in Bangladesh: VDB Loi Bangladesh is assisting a large regional industrial group with the establishment of an entity in Bangladesh.
Tax and structuring advisory in Vietnam: The Vietnam team advised on the taxation and structuring of an acquisition of a global mobility division of a major accounting and audit firm in Vietnam.
Transfer pricing analysis in Cambodia: VDB Loi Cambodia’s Transfer Pricing team was engaged by a regional e-payment service provider to analyze and advise on pricing for a number of different types of related party transactions.
Assistance with new financial regulations in Myanmar: The Regulatory team successfully assisted a global telco to obtain approval from the Foreign Exchange Supervisory Committee in Myanmar for its payments to offshore vendors, a new area of regulation in the country.
Airport project in the Lao PDR: The Lao team advised a regional construction company on the Lao legal framework for PPP projects and investments for the upgrading and expansion of an international airport in the Lao PDR.
Archive
- 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 - 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