2023 07 June

Legal Aspects of Restructuring Loans in Myanmar and Key Myanmar Tax Updates



DFDL is pleased to invite you to a live webinar on corporate loan restructuring in Myanmar and recent tax updates and developments in the country.
This seminar, Legal Aspects of Restructuring Loans in Myanmar and Key Myanmar Tax Updates, will be held online at 3 pm (Myanmar time) on 7 June 2023. The format will include an insightful discussion between Nick Towle (Regional Senior Adviser) and Diberjohn Balinas (Tax Director).
The webinar comes at a challenging time in Myanmar. The country’s recent political crisis, the government’s attempt to ‘de-dollarise’ the economy, and recent restrictions on foreign payments – all happening while recovering from the pandemic have prompted investors, borrowers, and lenders to consider or restructure their loans in Myanmar.  

At DFDL Myanmar, we have advised and assisted companies to restructure their loans in myanmar to adapt to the situation and mitigate their risks, given these challenges.


Our presentation will cover the following:

  • Recent issuances by the Central Bank of Myanmar and relevant authorities affecting financing transactions in Myanmar.
  • Common issues faced by lenders and borrowers in terms of documenting their restructuring, obtaining approval obtaining regulatory approvals, and getting their loans paid, and on how to mitigate those issues.
  • Tax aspects on corporate finance restructuring.
  • Recent tax updates (including annual tax compliance reminders for the financial year ended 31 March 2023).

If you are interested on these topics, be sure to join us for this important and informative webinar.

Please register for the event at your earliest convenience.

About the Speakers

Nick Towle
Regional Senior Adviser

Nick is an U.K.-qualified lawyer with 36 years of experience in the U.K. and internationally in the areas of mergers and acquisitions, banking and finance and tech, media and telecoms. Nick is currently a member of DFDL’s Banking & Finance team based in our Yangon office. 

He spent 20 years working for London-based law firms in the U.K., including 12 years as a partner in the corporate departments of three global law firms. Since 1991, Nick has specialised in providing legal advice and transaction assistance to investors, multilateral institutions, and governments in the emerging markets of Eastern Europe, Africa and Southeast Asia, advising on over 130 assignments.

Diberjohn Balinas
Tax Director

Diber has more than 14 years of professional experience as a tax adviser in the Philippines, Myanmar, and Cambodia – over six years of which have been spent with DFDL in Myanmar and Cambodia. He specializes in international tax services on cross-border transactions, corporate restructuring, mergers and acquisitions advisory and implementation, with a particular focus on Myanmar and Cambodia.

He also deals with local business tax advisory services, as well as regulatory and tax compliance matters for Myanmar. He is advising multinational clients in various sectors ranging from oil and gas, telecommunications, banking and financial institutions, government and fund-aided projects.