With the issuing of Notification 15 of 2017 (“Restriction List”) under the Myanmar Investment Law 2016 (“MIL”), retail and wholesale activities by foreign investors are now permissible with approval from the Ministry of Commerce (“MOC”). The MOC has also announced the imminent circulation of Notification 29/2018 on trading and wholesaling activities for foreign investors. This will lay down the framework, guidelines, and required qualifications for these activities in detail. The notification will soon be published on the MOC’s website.

This is a welcome strengthening of the MOC’s positive trend in opening up the economy to greater levels of foreign participation and investment. This builds upon previous developments such as when they permitted foreign participation in the trading of six limited commodities (seeds, pesticide, fertilizers, medical equipment, agricultural equipment and construction material). The MOC has now issued a notification allowing for unrestricted wholesale and retail activities by foreign companies, joint ventures, and local companies (with initial capital exceeding USD 7 million).

All operations of wholesale and retail shall meet the following qualifications:

Provided that an enterprise satisfies these qualifications, it will then need to apply for a Retail and Wholesale Registration certificate with the following documents:

1. Incorporation certificate;
2. MIC endorsement/MIC permit;
3. Recommendation letter from the relevant city development committee; and
4. A detailed list of the business plan, location, and initial capital regarding the contemplated retail and wholesale activities. 

The following restrictions apply to all Retail and Wholesale operations:

• No Myanmar companies, foreign companies, and Myanmar-foreign ventures will be allowed to engage in wholesale or retail activities for products that are prohibited for retail and wholesale under any existing laws, notifications, or regulations.

• No foreign companies or foreign joint-venture companies will be allowed to operate mini-markets and convenience stores with a floor area of less than 929 square-meters, including retail activities.

• All Myanmar companies, foreign companies, and Myanmar-foreign ventures engaging in wholesale or retail activities must abide by all relevant Myanmar laws, rules, and regulations, and must not engage in any unfair competition practices in the course of selling goods or rendering services.

Through the issuing of Notification 29/2018, the MOC has now streamlined and dramatically eased the otherwise tedious process of foreign investors attempting to actively engage in Myanmar’s retail and wholesale sector. The significance of these recent developments cannot be overstated, and they will be sure to exert profound effects on foreign investor confidence and levels of participation in the coming months and years.

Contact

William D. Greenlee, Jr.
Partner, Managing Director, Myanmar
Head of China Desk
william.greenlee@dfdl.com

The information provided is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Myanmar Legal Alert: Myanmar Permits Wholesale and Retail Business for Foreigners appeared first on DFDL.

Keep up with the most recent developments in Myanmar’s rapidly changing tax landscape and minimize your tax risks by joining DFDL for this informative half-day tax seminar.

At this event, our dedicated tax professionals will discuss recent changes to Myanmar tax laws and regulations, including the 2018 Union Tax Law, new tax notifications, and recent changes to tax policy and practices in Myanmar.

We will lead a comprehensive discussion on your tax compliance obligations in Myanmar. We will outline the key issues facing businesses in Myanmar including tax deductible expenses, output and input commercial tax, the timing of tax submissions, how to deal with tax audits and penalties, and other key compliance issues that everyone doing business in Myanmar needs to know.

Agenda: 

• 9:00 to 9:30 – Registration
• 9:30 to 10:15 – Most recent developments in Myanmar taxation
• 10:15 to 10:30 – Tea Break
• 10:30 to 11:30 – Discussion on how to ensure that you are in compliance with Myanmar tax laws and regulations
• 11:30 to 12:00 – Open forum and Q&A session

Date: 15 May 2018

Time: 9.00 am – 12.00 pm

Venue: Novotel Yangon Max
459 Pyay Road,
Kamayut Township,
Yangon, Myanmar

Fees: USD 20 or MMK 27,000 (walk-in payment)

*Cancellation of registrations not received by 11 May 2018 will be charged a no-show fee of USD 20.

Speakers:

Jack Sheehan
Tax Partner

Head of Regional
Tax Practice

Clint O’Connell
Tax Partner

Diberjohn Balinas
Tax Manager

For more information and registration, please contact events.myanmar@dfdl.com.

The post New Developments in Myanmar Tax 2018 | 15 May 2018 | Yangon appeared first on DFDL.

The Internal Revenue Department (“IRD”) recently issued an announcement (under LTO letter No. 5274 dated 9 May 2018) stating that banks and financial institutions must adopt the new financial year for reporting purposes (i.e., starting 1 October 2018), in order to come into alignment with the Central Bank of Myanmar’s (“CBM”) new reporting requirements.

Our understanding of this Announcement is as below:

From the above, banks, financial institutions, and state-owned enterprises will adopt the new financial year of reporting (beginning 1 October 2018). All private companies other than banks, financial institutions, and state-owned enterprises will stay with the current financial year of reporting (i.e. 1 April 2018 to 31 March 2019).

Contacts

Jack Sheehan
Partner,
Head of Regional Tax Practice
jack.sheehan@dfdl.com

Diberjohn Balinas
Tax Manager,
Myanmar
diberjohn.balinas@dfdl.com

The information provided here is for information purposes only, and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Myanmar Tax Alert: Myanmar IRD Clarifies Financial Year For Banks and Financial Institutions appeared first on DFDL.

Vinay Ahuja, Partner and Simon Z. Rajan, Adviser, authored an article titled ‘Agility or Redundancy: Regulatory Relevance in the Age of Distributed Ledger Technology’ that was published recently by IBA’s Banking Law Committee. The article seeks to explore and make sense of the top compliance and regulatory concerns that have come to the fore in this ever-accelerating era of technology.

To read the full article, click here (page 17).

The post Agility or Redundancy: Regulatory Relevance in the Age of Distributed Ledger Technology appeared first on DFDL.

The In-House Community award for Visionary Client Services aims to recognise external firms that go above and beyond in service to their clients.  The Visionary Client Services Law Firm Award in the Asian emerging markets category went to DFDL Myanmar.  Senior Legal Adviser Dave Seibert collected the award on the night. 

Partner and Managing Director in Myanmar, William Greenlee commented:  “This is a remarkable accolade and we are delighted to achieve this client services recognition for our commitment to delivering top quality advice to our clients.  Congratulations to everyone involved on this great achievement.”

The post DFDL named Visionary Client Services Law Firm Award in the Asian emerging markets at In-House Community Awards appeared first on DFDL.

The 15th edition of ASEAN Path, dealing with the European Union General Data Protection Regulation (GDPR) coming into force shortly, is now available for download.

In this edition, DFDL first provides analysis on the impact of this new regulation on businesses beyond the frontiers of the European Union, then considers the resulting obligations pertaining to the processing of personal data as well as the significant related penalties and, lastly, outlines suitable measures to consider implementing to ensure full compliance with the GDPR.

To download the ASEAN Path #15, please click here.

The post ASEAN Path #15 GDPR appeared first on DFDL.

The face of real estate in Sihanoukville is rapidly changing and has attracted a large number of foreign, in particular Chinese, investors. At this Real Estate & Hospitality Breakfast Talk, you will hear about the latest trends in Sihanoukville as well as the development of its nearby islands.

We will give you a market update and explain how to efficiently structure investments in these developments. We will share our own firsthand experiences of the opportunities and challenges of investing in these projects which are often not clearly covered by laws and regulations.

At this breakfast seminar, our senior panel speakers from CBRE Cambodia, JSM Indochina and DFDL will explore the following:

• Real Estate Drivers;
• Market Update;
• Looking Beyond Sihanoukville;
• Land Management Policies on the coast ;
• Islands Project Structuring and Acquisition;
• Public Private Partnerships and Project Financing;
• Industrial Development Policy and SEZs;
• Sihanoukville Tourism Investment Opportunity
  • Targeted Markets,
  • Products Needed,
  • Build a Destination,
  • Connectivity Infrastructure Needs and Challenges.

Agenda:

• 8.00 am – 8.30 am: Registration
• 8.30 am – 10.00 am: Seminar
• 10.00 am – 10.30 am: Q & A Session

This is a must-attend event for anyone who currently has an investment or is contemplating in investing in projects in Sihanoukville.

Date: 30 May 2018

Time: 8.00 am – 10.30 am

Venue: Topaz
162 Preah Norodom Blvd (41),
Phnom Penh

Fees: USD15 per person

*Last date for registration is on 29 May 2018.

Book a seat

Buy a ticket with

Our senior panel speakers include:

Marc Townsend
Chairman
CBRE Cambodia

Christophe Forsinetti
Chief Operating Officer
JSM Indochina Services

Guillaume Massin
Partner, Managing Director,
DFDL Cambodia

The post Investment Strategies in Sihanoukville | 30 May 2018 | Phnom Penh appeared first on DFDL.

The Royal Decree on the Digital Assets Businesses B.E. 2561 (2018) (the “RDDAB”) was published in the Government Gazette on 13 May 2018 with effect from 14 May 2018. Simultaneously, the Thai Government enacted the Royal Decree on the Amendment to the Revenue Code B.E. 2561 (2018) with the objective of imposing levies on income derived from digital asset transactions.

The publication of the two Royal Decrees represents Thailand’s first attempt to regulate digital assets/cryptocurrencies.  While the RDDAB has been issued, the regulatory process is still in nascence as the Thai crypto framework requires the issuance of subordinated regulations to be issued by the Ministry of Finance and the Securities and Exchange Commission to provide more detailed guidance and procedures on the principles outlined in the RDDAB.

Rationale for the Enactment of the RDDAB:

The Government of Thailand has enacted the Royal Decree in response to:

• Concerns that digital asset related activities can potentially affect Thailand’s financial stability, economic system and community;
• The growing recognition and appetite for Digital assets by the Thai community as being utilized as fund-raising instruments, medium of exchange, and trading on digital asset exchanges; and
• Investor protection concerns given the highly speculative nature of digital assets and the potential risk of illegal transactions.

Who is the Regulator:

The key authority under the RDDAB is the Minister of Finance who is empowered to issue ministerial regulations and appoint competent officers to perform duties under the RDDAB.

Under the RDDAB, certain responsibilities have also been issued to the Securities and Exchange Commission to issue subordinated regulations and determine exemptions to what digital assets are under its purview.

What Activities are being regulated:

The RDDAB regulates the following activities:

(i) Offering of newly issued digital tokens to the public

(ii) Digital Asset Businesses, particularly: (a) digital asset exchanges; (b) digital asset brokers; and (c) digital asset dealers.

In addition to specific regulation of Digital Asset Businesses, the RDDAB provides guidance on:

• The various types of Digital Assets subject to the RDDAB by classifying “Digital Assets” into three categories.
• The prevention of unfair trading practices akin to those provided for under the Securities and Exchange Act B.E. 2535[1] (the “Securities and Exchange Act”).
• Anti-money laundering and terrorist financing principles to be complied with by Digital Asset Businesses.

Penalties:

A contravention of failure to comply with the RDDAB is subject to criminal and civil sanctions, comparable to those under the Securities and Exchange Act.

Compliance Timeline:

The issuance of the Royal Decree triggers the 90 day registration period for existing digital asset operators who are required to register their business and activities with the Securities and Exchanges Commission (SEC), i.e. by the 14th of August, 2018 (which coincidentally is also the last date for registrations and applications per the recently enacted Payment Systems Act, B.E 2560). Such operators will be able to continue their business operations unless specifically ordered to stop by the SEC.

Taxation Implications:

The second Decree, Royal Decree on the Amendment to the Revenue Code B.E. 2561 (2018), amends the Thai Revenue Code (TRC) and imposes a 15% withholding tax (WHT) on income derived from digital assets.

Section 3 of the Emergency Decree also inserts two sub-categories of income under Section 40 (4) of the TRC. These two new sub-categories concern income derived from digital assets:

• 40(4)(h) share of profits or other benefits derived from holding digital assets; and
• 40(4)(i) realized gains derived from the transfer of digital assets. 

Individual taxpayers will also be required to include such income as assessable income upon submission of their annual personal income tax (PIT) returns with the 15% WHT remitted being creditable against final tax owed.

Although the Emergency Decree does not expressly discuss the application of WHT on payments made to a non-resident company, a 15% WHT should be automatically imposed under Section 70 of the TRC. This is due to Section 70 requiring the payer of income to deduct 15% WHT on income under Section 40 (2) – (6) paid to a non-resident company that is not conducting business activities in Thailand.

How can we help:

Should you have concerns that your business may be classified as a “digital asset business” and subject to the newly imposed taxation scheme or are contemplating issuance of an ICO or simply looking for more clarity on Thailand’s cryptocurrency framework, please do not hesitate to contact us.

DFDL Contacts

Mr. Vinay Ahuja

Partner

Vinay.Ahuja@dfdl.com

Mr. Jonathan Blaine

Director – Tax

Jonathan.Blaine@dfdl.com

Mr. Patipan Kongviriyagit

Senior Manager – Tax

Patipan@dfdl.com

Mr. Kunal Sachdev

Regional Legal Adviser

kunal@dfdl.com

Ms. Thamonwan Na Nakara

Legal Adviser

thamonwan@dfdl.com

The information provided here is for information purposes only, and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

[1] Sections 38-50 of the RDDAB.

The post Thailand Legal and Tax Alert: Regulatory Hash – Thailand’s Cryptocurrency Law Comes Into Effect appeared first on DFDL.

Warisa is a Junior Legal Adviser based in DFDL Bangkok office. She graduated from Thammasat University with a Bachelor’s degree in law and now as a Barrister-at-law from The Institute of the Thai Bar.

The post Warisa Monsawat appeared first on DFDL.

Alibaba has acquired Daraz Group, a leading e-commerce enterprise operating in Pakistan, Bangladesh, Sri Lanka, Myanmar, and Nepal. On Tuesday May 8th, Daraz Group announced that it was taken over by Alibaba. As a result of this acquisition, it has now become a fully-fledged member of the Alibaba Group.

Through this transaction, Daraz will now be able to draw upon Alibaba’s global reach, leadership, and wealth of technological experience in sectors such as online retail activities, mobile payments, and logistics. This will ensure its continued robust growth in these five major South Asian nations, comprising a combined population of over 460 million, 60% of whom are under 35 years of age. Daraz was founded in 2012, and has since grown into the most popular online shopping marketplace in the countries where it operates. Daraz will continue to use its name and branding following the transaction.

In Bangladesh, DFDL assisted Alibaba’s subsidiary by performing due diligence on the Bangladeshi operations of Daraz. This included assistance on structuring the investment, legal and regulatory compliance, licensing, corporate restructuring, and completion formalities. With Daraz as one of the foremost e-commerce platforms in Bangladesh, and this being Alibaba’s first foray into the realm of e-commerce in the country, this transaction is highly significant in a number of ways.

In Myanmar, DFDL led the local due diligence and company review of the software application and assets of Daraz. This included assistance on structuring the investment, legal and regulatory compliance, licensing issues, corporate restructuring, and transaction closing formalities. This acquisition of Daraz’s assets in Myanmar, where it operates under the name “Shop.com,” marked Alibaba’s entry into the country’s online marketplace, and subsequent transformation into Myanmar’s largest online retailer.

DFDL’s assistance to Alibaba in Bangladesh was led by Shahwar Nizam, Partner, and assisted by Mahboob Aziz, Senior Associate.

In Myanmar, the local team was led by William Greenlee, Partner, and assisted by Dave Seibert, Senior Legal Adviser.

For more information, please contact info@dfdl.com.

The post DFDL advised Alibaba on Daraz Acquisition in Bangladesh and Myanmar appeared first on DFDL.

The National Committee for setting the Minimum Wage issued Notification 2/2018 establishing an increased daily minimum wage of MMK 4,800 (approximately USD 3.60), for an eight-hour workday.  The increased minimum wage does not apply to small businesses with less than 10 workers and family businesses.
 
Notification 2/2018 replaces Notification 2/2015 which establish the last daily minimum wage of MMK 3,600 (approximately USD 2.70).  Setting the minimum wage in 2015 followed a process established by the 2013 Minimum Wage Law and Rules.  The process involves numerous meetings and discussions among the relevant national, regional and state committees, along with employer and employee organizations, workshops, and other consultations.  The previous minimum wage of MMK 3,600 per day did not apply to small businesses with less than 15 employees and family businesses.
 
Initially announced as a proposal in January 2018, an increased minimum wage has been discussed in the manner required by the 2013 Minimum Wage Law during the months since.  Employer and employee organizations have submitted their inputs, ultimately leading to the issuance of Notification 2/2018, which sets a minimum wage applicable uniformly throughout the country, regardless of the work type or location.
 
Notification 2/2018 is effective from its issuance date of 14 May 2018. 

Contact

Danyel Thomson
Head of Regional Employment Practice Group
danyel.thomson@dfdl.com

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Myanmar Legal Alert: Minimum Wage Increase appeared first on DFDL.

The Prime Minister’s Office has issued a Notification (№ 560/PMO, 20 April 2018) (“Notification 560”) increasing the monthly minimum wage in Lao PDR from 900,000 LAK (USD 108) to 1.1 million LAK (USD 132). The increase took effect 1 May 2018, thereby coinciding with International Labor Day celebrations. Per local media and understanding of the discussions leading up to the announcement, the increase responds to an increased cost of living and a need to improve the livelihoods of workers.

‘Minimum wage’ is not defined under Notification 560, however, according to the previous legislation, Instruction on the Amendment of the Minimum Wage of Employees Working in Business Areas (№ 808/MLSW, 9 Feb 2015) (“Instruction 808”), ‘minimum wage’ refers to the minimum amount of salary or wages payable to employees, working up to: 26 days per month; 6 days per week; and 8 hours per day, to guarantee a basic standard of living in Lao PDR. The minimum wage excludes any other payments which may be due to employees including: overtime payments; bonuses; welfare payments; incentives; and food, lodging, or transportation allowances (if any). For employees who earn wages based on production, the amount paid to such employees may not be lower than the minimum wage then in force.

With regard to scope of application, Instruction 808 specifically applied to business units across all socio-economic sectors with the notable exception of international organizations, which were regulated separately under the Decree on Management of Local Staff Working for International Organizations in Lao PDR (No. 456/PM, 1 November 2010) (the “International Organization Staff Decree”).  Per this Decree, the monthly minimum wage for local employees of international organizations was higher than that of business sector employees subject to Instruction 808: 1 million LAK (USD 120) for manual labor and 2 million LAK for skilled labor (USD 240)).  Per our verbal inquiry with the Lao PDR labor authorities, Notification 560 applies to all employers.  Indeed Notification 560 states that the increase is generally for “labor in the Lao PDR”.

Contact

Danyel Thomson
Head of Regional Employment Practice Group
danyel.thomson@dfdl.com

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Laos Legal Alert: Minimum Wage Increase appeared first on DFDL.

Daniel has over 16 years’ experience specializing in banking and finance, mergers and acquisitions, securities law, insolvency, commercial law and commercial property. He holds Bachelor of Law and Bachelor of Arts degrees (Victoria University, Wellington, NZ). Daniel has extensive experience acting for large institutional clients with particular expertise in the structuring of institutional lending and securities. Daniel has acted on numerous due diligence investigations regarding Cambodian assets and subsequent lending structures, particularly those involving offshore syndication. Daniel heads the project finance team in Cambodia.

The post Daniel Wein appeared first on DFDL.

According to the Notification from the Office of the Council of ministers (Sor.Chor.Nor No.528) dated 7 May 2018, the Royal Government of Cambodia approved the change of format of the certificate of ownership over immovable property. The old form of certificate as previously issued to owners remains valid without them having to change to the new form. The new form will be publicly implemented from 01 June 2018.
The main features of the new form are:

• QR Code on the bottom left of the certificate of ownership over immovable property for public verification;
• Deletion of the watermark of the “certificate of ownership of immoveable property”;
• Insertion of a watermark  within the picture of the Cambodian map and the phrase: “certificate of ownership of immoveable property” within the map and insertion of the phrase: “ AIDOBMAC FO MODGNIG , KINGDOM OF CAMBODIA” along with the Mekong river in the picture of the Cambodian map; and
• The paper number code consisting of 8 figures.

For further details of the new format of the certificate of ownership of immoveable property, please see below.

Old Form of certificate of ownership of immoveable

New Form of certificate of ownership of immoveable

DFDL Contact

Guillaume Massin

Partner; Managing Director, Cambodia

Guillaume.Massin@dfdl.com

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Cambodia Legal Alert: Change of Format of The Certificate of Ownership Over Immovable Property appeared first on DFDL.

On 23rd May, DFDL Thailand sponsored an event hosted by the Canadian – Thai Chamber of Commerce on Leadership in Energy Innovation. The day opened with a pre-event round table discussion on blockchain technology in the energy sector. This was followed by the main event where Audray Souche, Partner and Managing Director of DFDL Thailand and other panelists addressed several topics surrounding emerging energy trends in Thailand and across the world. Also under discussion were the government’s plans for the sector, the skillsets and competencies required to move forward in this field and the type of developments that can be expected in the forthcoming years. The event was very well attended with over 80 guests present, including the Canadian Ambassador of Thailand, business practitioners from a host of different sectors, and a variety of PhD students.

The post Leadership in Energy Innovation Seminar appeared first on DFDL.

On 24th May, DFDL Thailand sponsored the Sustainability for Business Forum hosted by the Franco – Thai Chamber of Commerce. This one-day forum was aimed at enlightening business practitioners looking to create business value while managing their impact on society and the environment. The event featured a series of talks, multiple workshops and a panel discussion, followed by a networking session, where those in attendance could share insights and perspectives with one another. Audray Souche, Partner and Managing Director of DFDL Thailand was honored to serve as one of the panelists at this event, offering discussion and analysis on renewable energy among various other topics. The event was well attended and was an inspiring and informative experience for all of those present.

The post DFDL Sponsors Sustainability for Business Forum appeared first on DFDL.

Our Tax Team would like to remind you of the fast-approaching submission deadline for your annual Corporate Income Tax (“CIT”) return, annual Commercial Tax (“CT”) return, and annual Personal Income Tax (“PIT”) statement. For the financial year ending 31 March 2018 (FY 17-18), all annual tax filings must be submitted to the relevant tax office on or before 2 July 2018. Otherwise, penalties may be imposed.
 
Income Tax
 
If you are registered with Large Taxpayers Office (“LTO”) and Medium Taxpayers Office (“MTO”) 1, you are required to file your own tax assessment based on the CIT return that they have provided. Meanwhile, if you are registered with MTO2, MTO 3, and if under township tax office, you are required to file your tax return (including financial report or audited financial statements) to the respective tax office.
 
An individual earning income from salary does not need to submit an annual return. However, the employer must submit an Annual Salary Statement to the relevant Township Revenue Office.
 
Commercial Tax

If you are engaged in the following activities, you are likely covered by the CT Law:

• Manufacturing and selling goods in the country.
• Importing goods
• Carrying out trading activities
• Providing services

You must submit an annual CT return (including additional details as stated therein) to the relevant tax office, either in person or by registered post.
 
For more information on your tax compliance requirements, please click here.

The information provided here is for information purposes only, and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

The post Myanmar Tax Alert : Myanmar Tax Compliance Reminder appeared first on DFDL.

DFDL is pleased to have assisted Viettel, the largest Vietnamese mobile operator, on its Joint Venture with a consortium of Myanmar companies and individuals grouped together under the Myanmar National Holding Public Company Ltd., in order to create the first 4G mobile phone operator in Myanmar. DFDL was selected as Local Counsel for this transaction: Nick Towle acted as the Lead Advisor, with Jerome Buzenet serving as the Partner overseeing this engagement.

Find out more

The post Viettel Joins Forces with Burmese Partners to Create the First 4G Mobile Phone Operator in Myanmar appeared first on DFDL.

DFDL’s Nishant Choudhary was recently quoted in a piece in the Myanmar Times addressing persistent concerns surrounding the slow pace of reform in Myanmar’s banking and financial sector. He drew particular attention to the lack of consistency between different laws and how this affects the overall market, and the urgent need for reforms in order to liberalize the NBFI sector.

Read more from the Myanmar Times

DFDL Contact

Nishant Choudhary

Senior Legal Adviser

Nishant.Choudhary@dfdl.com

Read more about DFDL Myanmar

Read more News

The post Slow Reformation of Banking and Financial Sector in Myanmar appeared first on DFDL.

Jonathan served as a facilitator for Thailand’s IOD – Director Certification Program (DCP). He offered specific instructions in relation to Module 5, focusing on the legal environment in which corporate directors operate.

The IOD – DPC program is designed and consistently developed by renowned CG experts of Thai IOD and focuses on enhancing the performance of directors through precise understanding of their duties and responsibilities. The course has also been certified by Australian Institute of Company Directors (AICD) for over 17 years.

DFDL Contact

Jonathan Blaine

Tax Director, DFDL Thailand

Jonathan.Blaine@dfdl.com

Read more about DFDL Thailand

Read more News

The post Jonathan Blaine facilitated Director’s Legal Environment course for Thai Institute of Directors appeared first on DFDL.