In a game-changing move, the Directorate of Investment and Company Administration (“DICA”) has for the first time implemented a transfer of shares in a company wholly owned by Myanmar citizens and registered as a Myanmar Company (“MC”) to a foreigner, without incorporating a new legal entity. To date, it was administratively impossible for foreigners to […]

Slowly but surely, experience is building up with respect to project finance and international corporate finance for companies and projects in Myanmar. With the many different deals that we have completed, we prepared a quick overview of the key things to know. We also touch upon some of the remaining hot issues. Highlights of this […]

“Oh, what a tangled web we weave, when first we practice to deceive”. Dealing with issues arising from the Indonesian tax amnesty has led to some questions on the veracity of the concept underlying this quote: dishonesty leads to more and more complexity as one covers tracks and actions and eventually the ‘perpetrator’ is caught […]