Laos to Introduce Transfer Pricing Rules and Global Minimum Tax
Overview of Transfer Pricing Rules in Laos Historically, Laos has had limited transfer pricing regulations, but recent updates signal a shift toward stricter oversight of intercompany transactions....
View ArticleCambodia: Workforce Restructuring in Cambodia – Legal Planning in Challenging...
The global uncertainty recently escalated by the changes in U.S. tariff policies and the halt of USAID funding have posed operational challenges to business and non-business enterprises. In response...
View ArticleDFDL Recognised as IHC Law Firm of the Year 2024 in Three Categories
We are proud to share that DFDL has been named “IHC Law Firm of the Year, 2024” in not just one, but three key practice areas in Vietnam and two key practice areas in Thailand. Vietnam Compliance and...
View ArticleMyanmar’s Tariff Exemptions to Boost Electric Vehicle Industry
On 31 March 2025, the Ministry of Planning and Finance issued Notification 27/2025 (“Notification 27/2025”) announcing significant tariff changes to promote the development of Electric Vehicles...
View ArticleCambodia: Deadline for Work Permit Application Now Extended to 31 May 2025
On 5 May 2025, the Ministry of Labour and Vocational Training (“MLVT”) issued Notification 015/25 (“Notification”) extending the deadline for work permit applications once more. This extension is due...
View ArticleCambodia should embrace AANZFTA Upgrade: Unlocking Prosperity Across ASEAN,...
On 21 April 2025, the Second Protocol upgrading the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) agreement came into effect, directly advancing the economic integration efforts among ASEAN,...
View ArticleMyanmar: Annual Tax Compliance Reminder for FY 2024-2025
Our Tax Team would like to remind you that the deadline for filing corporate tax returns for the fiscal year ending 31 March 2025 (“FY 2024-2025”) in Myanmar is fast approaching. All individuals,...
View ArticleCambodia Issues Inter-Ministerial Prakas to Combat Origin Fraud with respect...
On 30 April 2025, the Ministry of Economy and Finance and the Ministry of Commerce (“MOC”) issued an Inter-Ministerial Prakas aimed at preventing origin fraud and enhancing the transparent enforcement...
View ArticleCambodia’s Trust Taxation Framework: Key Developments and Compliance...
Introduction With the issuance of Prakas 192 on Tax Rules and Procedures for Trust, dated 12 March 2025 (“Prakas 192”) by the Ministry of Economy and Finance, Cambodia has introduced a new taxation...
View ArticleVietnam MOIT decision on Tariff Ceilings for Pumped Storage Hydropower Plants
On 26 April 2025 the Ministry of Industry and Trade (MOIT) issued Decision No. 1198/QD-BCT (“Decision 1198”) with immediate effect. Decision 1198 prescribes the price tariff ceiling of VND...
View ArticleMyanmar: Amendment to the Myanmar Registration of Ships Act, 2025
Ship registration in Myanmar is currently governed by the Myanmar Registration of Ships Act, 1841 (“Act”), which has been amended from time to time. Most recently, the Amendment to the Myanmar...
View Article