Myanmar Legal Alert: New Gambling Law Permits Casinos to Operate in Myanmar
Following several discussions on significant changes being proposed in Myanmar in relation to the gambling landscape, the Pyidaungsu Hluttaw (Myanmar parliament) finally enacted The Gambling Law (“GL”) on 7 May 2019. The enactment of the GL heralds positive news for investors looking to invest in the “casino” […]
Vietnam Legal Update: Draft Decision 3 and Vietnam’s Solar Future from July 2019
On 12 April 2019, the Ministry of Industry and Trade of Vietnam (“MOIT”) released a new draft Decision (the “Draft Decision 3”) that will replace Decision No. 11/2017/QD-TTg issued by the Prime Minister of Vietnam dated 11 April 2017 (“Decision 11”) on mechanisms to encourage the […]
Legal Update: New Amendment to Thailand’s Labor Protection Act Taking Effect on May 6, 2019
The Thai National Legislative Assembly approved a resolution to amend the existing Labor Protection Act (the “LPA”) on December 13, 2018. This amendment to the LPA has been published in the Government Gazette on April 5, 2019, and will come into effect on May 6, 2019. […]
Vietnam: Proposed New Solar Feed-In-Tariff
The Ministry of Industry and Trade of Vietnam publicized a draft Decision that will replace Decision No. 11/2017/QD-TTg issued by the Prime Minister of Vietnam dated 11 April 2017 on mechanisms to encourage the development of solar power projects in Vietnam. The Draft Decision is expected […]
Insolvency Laws in Myanmar
This article has been published in IBA Banking Law Committee Publications. Insolvency laws in Myanmar Myanmar insolvency legislation is interspersed with and revolves around the Rangoon Insolvency Act 1910 (‘Rangoon Act’), the Burma Insolvency Act 1920 (‘Burma Act’) and the Myanmar Companies Law 2017 (MCL). Like […]
Cambodia Legal & Tax Alert: Fortnightly Payments in Effect
The Ministry of Labour and Vocational Training (“MLVT”) introduced “Prakas 442 – On the Payment of Wages” (Prakas 442) in September 2018. Prakas 442 provides that from January 2019 all enterprises and establishments covered by the provisions of the Labour Law shall prepare their payroll to […]
ASEAN Employment Legal Update 2018 Q.4
DFDL’s Employment Practice Group is dedicated to advising clients on employment and labour issues and preparing human resources documentation that is compliant with local laws. Our employment team’s in-depth knowledge of the law and practices in the countries where we operate allows us to provide specialized, […]
Thailand Tax Alert: New Law on Transfer Pricing
On 22 November 2018, the Thai Revenue Department (TRD) took another significant step towards tightening its transfer pricing compliance and enforcement regime with the release of “the Additional Revision of the Thai Revenue Code No.47 (TRC47)”. Over the past five years, based on the Base Erosion […]
The Thai Government Announces New International Business Center Incentives and the Cancellation of the IHQ Program
On 10 October 2018, the Thai government announced the cessation of the International Headquarters (“IHQs”) program (which also included Regional Operating Headquarters or “ROHs” and International Trading Centers or “ITCs”) and the creation of a replacement initiative; International Business Centers (“IBCs”). The move is part the OECD […]
Myanmar – Tax Pocket Guide 2018 Edition
DFDL Myanmar is pleased to announce the publication of the 2018 edition of the Myanmar Tax Pocket Guide. Written by DFDL’s tax experts, this comprehensive guide offers clear and detailed insight into tax laws and practices in Myanmar. While tax law can be notoriously difficult to […]
Tax Issues & Strategies For Successful Investments in Cambodia
VAT Refund process? Audits? Tax incentives? Profit repatriation? Transfer Pricing? Cambodia/China double tax agreement? You want to understand more about these terms? Watch our latest video where our tax expert, Clint O’Connell, discusses tax issues and strategies for successful investments in Cambodia. DFDL, in collaboration with […]
Vietnam Investment Guide 2018
It is our great pleasure to introduce the 2018 edition of our Investment Guide for Vietnam. Understanding the ins and outs of opening and developing a business in Vietnam can often be daunting. The latest investment guide identifies some of the important pitfalls, difficulties and solutions […]