Legal & Tax Updates - Regional
Indian investment in the emerging economies of the Mekong region has been rising since 2000, influenced by recent policy changes in Cambodia, Laos, Myanmar, Thailand and Vietnam. The existence of untapped natural resources and improving investor confidence in these countries has contributed to the upward trend.
Tags: India Desk, November 2012 Read MoreThe Vietnam-Singapore DTT has generally been considered to provide advantageous benefits compared with other treaties. This favorable treatment has made Singapore a preferred location for investment vehicles for investment into Vietnam.
The changes under the second Protocol reduce the existing advantages available under the Vietnam-Singapore DTT. These changes include the restriction on the availability of the capital gains tax exemption, the criteria for the length of period for the determination of a permanent establishment for the provision of services, and certain other confirmations and clarifications.
In this issue we present Cambodian regulations and information touching on the following:
- Pronouncement on licensing of financial lease companies
- Order on business names of factories and handicrafts
- Instruction on development of coastal areas of the Kingdom of Cambodia
- Promulgation of the Law on Control of Drugs
- Tax collection on all kinds of transportation means and vehicles for the year 2012
- Establishment of Special Economic Zone Administration of Neangkok-Koh Kong
The opening of the Cambodia and Lao stock exchanges poses some questions with respect to the tax policy issues in relation to listing on these new stock exchanges. Devising a tax policy in relation to tax incentives for companies that newly list on the CSX and LSX is a complicated matter.
Tags: Thailand, Vietnam, Laos, Cambodia, August 2011 Read MoreJulia Birk et fabian Doppler du DFDL Mékong nous rapportent ce que pense la Banque Mondiale de l'installation des investisseurs étrangers en Asie du sud-est.
Tags: Untagged Read MoreAlors que les échanges commerciaux entre les pays de la région du Mékong ont augmenté de manière significative durant ces dernières années, de plus en plus de sociétés s’implantent dans plusieurs pays en créant de nouvelles entités. Dès lors, la question du rapatriement des bénéfices entre les pays de la région du Mékong se pose fréquemment. Le point sur la réglementation propre à chaque pays.
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