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DFDL Myanmar Gives an AMCHAM Myanmar Legal & Tax Updates Webinar

On 13 May 2020, DFDL Myanmar was pleased to provide for AMCHAM Myanmar the latest webinar for its members on Recent Legal & Tax Updates. William Greenlee (Partner & Managing Director, Myanmar/Singapore), Diberjohn Balinas (Senior Tax Manager), Nar Wah (Senior Legal Adviser) and Rohan Bishayee (Legal Adviser) discussed recent and relevant legal and tax updates for businesses operating in Myanmar. The first part of the webinar focused on the very timely subject of the new Insolvency Law and Rules for 2020 with discussion on the transition from the previous regime under the Yangon Insolvency Law, Myanmar Insolvency Act and Myanmar Companies Law to the present regime under this new law. The corporate insolvency regime and winding up procedures were also outlined in greater detail. For the tax portion, the team presented recent tax updates and tax relief measures offered by the Myanmar Government to businesses across the country affected by COVID-19. At the end of the webinar, the team answered a variety questions and queries from the audience.