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 Competition Commission (“CCC”) to strengthen the enforcement of the Law on Competition (“Competition Law”) in Cambodia. Thereafter, on 24 February 2023, the MOC issued an additional decision on the Formalities and Procedures for the Calculation of Pecuniary Penalties under the Law on Competition to ensure that the calculation of pecuniary penalties is transparent and effective...
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DFDL ASEAN Desk in Singapore
Spanning over two decades, DFDL has evolved from being a pioneer in the frontier markets of Asia to an established gateway into ASEAN markets and beyond, truly setting us apart from our competitors. With increasing numbers of international companies choosing to base their regional headquarters in Singapore, DFDL has instituted a hub approach by similarly establishing its ASEAN desk in Singapore. This serves as a first point of contact for clients and businesses seeking legal and tax advice in support of their regional expansion throughout the dynamic markets of ASEAN, along with Bangladesh, Bhutan, Nepal and Sri Lanka.
Our ASEAN team comprises 8 regional legal advisers from a wide range of legal backgrounds. They strive to provide seamless, tailored, and integrated services to companies on their foreign investment strategies and cross-border transactions across multiple jurisdictions.
Nowadays, clients rightfully expect consistent and international standards of legal services. Our ASEAN Desk assures the delivery of premium quality legal services by bridging the service gaps frequently encountered by companies when doing business in these emerging markets. We understand the Asian cultures, and can help navigate the language barriers through a single point of contact.
Our ASEAN Desk is an integral part of DFDLs fully integrated offices and has the full support of over 145 legal and tax advisers from across eight countries.
DFDL in Singapore is qualified as a foreign law practice and is not licensed to practice Singapore law.
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L-Martin Desautels
Regional Managing PartnerOther
Maly Courtaigne-Op
Head of DFDL ASEAN Desk in SingaporeArticles
Myanmar: Annual Tax Compliance Reminder for FY 2022-2023
Less than a month to go! Our Tax Team wishes to remind you of the fast-approaching deadline for the submission of your annual corporate tax returns for the financial year ended 31 March 2023 (“FY 2022-2023”). All Myanmar taxpayers (corporate entities, non-profit organizations, and individuals) should file their annual tax returns on or before 30 June 2023. This annual return submission applies to Corporate Income Tax (“CIT”), Personal Income Tax (“PIT”) Salary Statement, Consolidated Capital Gains Tax (“CGT”), and Commercial Tax (“CT”) for the FY 2022-2023...
Press
DFDL Advises Pentagreen Capital and Clifford Capital in its Joint Financing of BECIS Bioenergy
DFDL is pleased to announce its role as local legal counsel, supporting international counsel Mayer Brown, in advising Clifford Capital and Pentagreen Capital on their joint financing of BECIS Bioenergy Pte. Ltd. (BECIS). The financing package, structured as a green loan of USD 30 million, will support the development and construction of bioenergy projects across Southeast Asia and India. The loan includes an accordion feature, potentially increasing the total financing by an additional USD 20 million, which could bring the overall project value to USD 50 million...
Audray Souche Moderated a Panel Discussion on Financing Low Carbon Opportunities
DFDL’s Audray Souche, Regional Managing Partner, had the pleasure to moderate a panel on Financing Low Carbon Opportunities at the APAC Energy Capital Assembly in Singapore. This event brought together leading players in the energy sector to discuss the latest trends and developments in sustainable financing in Asia. It was a stimulating and informative session that highlighted the importance of collaboration and innovation in achieving a low carbon future. We would like to thank the panelists for sharing their valuable insights and experiences: Ryoichi Abe, Japan Bank for International Cooperation, Roberta Wong, Kerogen Capital,