Myanmar – Tax Pocket Guide 2023 Edition
DFDL is delighted to announce the release of the 2023 edition of the Myanmar Tax Guide. This guide is a comprehensive and practical resource for anyone who wants to learn more about Myanmar’s tax...
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Cambodia: Procedures and Fines for Violation of the Competition Law
Overview On 22 February 2023, the Ministry of Commerce (“MOC”) issued a new regulation on the Forms and Procedures for Issuance of Temporary Suspension Measures and/or Decisions by the Cambodia...
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Vietnam’s National Power Development Plan 2021 – 2030
The Prime Minister executed Decision No. 500/QD-TTG, dated 15 May 2023 approving the National Power Development Plan for the period of 2021 – 2030, with a vision to 2050 (the “PDP 8”). PDP 8 confirms...
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Consumer Rights Under Prakas 0113 on Cooling-Off Period
In furtherance of ensuring consumer protection, the Ministry of Commerce (“MOC”) issued Prakas 0113 on Cooling-Off Period dated 11 April 2022 (“Prakas 0113”). Prakas 0113 sets out a legal framework...
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A New Regulation Related to Real Estate Development Business is Coming Up
On 2 March 2023, the Royal Government of Cambodia issued Sub-Decree No. 50 on the Management of Real Estate Development Business (“Sub-Decree 50”). Although Sub-Decree 50 was issued, Prakas No. 089...
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Tax and Legal Aspects of Restructuring a Business in Myanmar
As a continuation of our successful webinar on loan restructuring held last 7 June 2023, DFDL is pleased to invite you again to a live webinar on corporate restructuring in Myanmar and the important...
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Myanmar: Introduction of CBM’s Online Forex Trading Platform
Central Bank of Myanmar’s LetterOn 21 June 2023, the Central Bank of Myanmar (“CBM“) issued a letter to authorized dealer (“AD”) banks, assigning them the responsibility of reporting forex trading...
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Cambodia: 2023 Property Tax Deadline – 30 September
On 22 June 2023 the General Department of Taxation (“GDT”) issued Notification 20923 reminding property owners of their annual obligations with respect to immovable property tax (“TOIP”) and Unused...
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Tax Exemptions Update for Private Power Generation Companies
We are delighted to share some news on tax exemptions for private power generation companies. On 19th June 2023, the Government of Bangladesh issued a gazette, extending the deadline for availing...
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Cambodia: Annual Labour Compliance Obligations and Self-Declared Labour...
Annual Labour Compliance Obligations Enterprises are subject to various labour obligations and filing requirements pursuant to the Labour Law and its implementing regulations. To assist with your...
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Trademark Disputes: Deciphering the Jurisdictional Labyrinth
Are you interested in trademark disputes in Myanmar? Check out our latest publication: Trademark Disputes: Deciphering the Jurisdictional Labyrinth. It covers the recent notification by the Supreme...
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Cambodia Tax Alert: Key Tariff Adjustments Under Sub-Decree 122
On 6 June 2023, the Royal Government of Cambodia issued Sub-Decree 122 on the Adjustment to Customs Tariff, Specific Tax, and Export Tax Rates on certain goods. The Sub-Decree 122 aims to address...
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Bangladesh – Tax Guide 2023 Edition
We are excited to announce the launch of the first edition of DFDL’s Bangladesh Tax Guide. The guide is designed to provide you with a comprehensive overview of the tax system in Bangladesh and help...
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Myanmar: IRD Clarifies Taxation of Housing and Medical Benefits Given to...
On 28 June 2023, the Internal Revenue Department (“IRD”) issued Interpretation Statement No. 1/2023 (“IS 1/2023”) clarifying the Personal Income Tax (“PIT“) treatment of housing and medical benefits...
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Vietnam Introduces a Reduced VAT Rate from 1 July 2023
On 30 June 2023, the Government of Vietnam issued Decree No. 44/2023/ND-CP stipulating a reduction of the VAT rate by 2% (“Decree 44”). Decree 44 was issued to implement the VAT rate reduction policy...
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Cambodia Adopts Implementing Regulation for the 2021 Investment Law – Part One
On 26 June 2023, the Royal Government of Cambodia adopted Sub-Decree 139 (“Sub-Decree 139”) to establish a comprehensive legal framework for implementing the Investment Law dated 15 October 2021...
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Cambodia Tax Alert: Cambodia Adopts Implementing Regulation for the 2021...
Part One, click here , of our analysis of Sub-Decree 139 (“Sub-Decree 139”), that was adopted on 26 June 2023, outlined that it established a comprehensive legal framework for implementing the...
View ArticleDFDL Strengthens its Indonesia Practice
DFDL is pleased to announce the expansion of its Indonesia practice with the addition of a new team at Nusantara DFDL Partnership in Indonesia. Afriyan Rachmad joins as a Partner, bringing with him...
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Bangladesh: Simplified Taxation Takes Center Stage with Implementation of New...
On 22 June 2023, the Parliament of Bangladesh approved the Income Tax Act 2023. An official gazette has been published, and the new law will be in effect starting 01 July 2023. This Act replaces the...
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Myanmar: Banking and Finance Compendium 2022-2023
DFDL is excited to announce the release of the Myanmar Banking Compendium. This compilation comprehensively covers the latest updates in legislation within the banking and finance sector from April...
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