Jul 11 2025

Vietnam: Extension of the Reduced 8% VAT Rate to 31 December 2026

On June 17, 2025, the Vietnam National Assembly passed Resolution 204/2025/QH15, extending the 2% VAT rate reduction. Following this, on…

Jul 8 2025

Cambodia: Implements New Customs Transit Procedures under Instruction 3133

On 4 July 2025, the General Department of Customs and Excise (“GDCE”) has issued Instruction 3133/25 (“Instruction 3133”) to modernize…

Jul 8 2025

Cambodia: U.S. Tariff Increase on Cambodian Garments – Key Implications and Strategic Considerations

Executive Summary The White House has announced a new 36% tariff on Cambodian exports, effective 1 August 2025, as part…

Jul 3 2025

Cambodia: General Department of Taxation Launches Formal Notification Process for Tax Declaration Irregularities

Overview On the basis of Article 7 of the Law on Taxation (Royal Kram No. NS/RK/0523/004, dated 16 May 2023),…

Jul 1 2025

Cambodia: Clarification on the Tax Treatment of Share Premium

The General Department of Taxation (“GDT“) has issued new guidance under Instruction No. 18574 GDT dated 17 June 2025 regarding…

Jun 30 2025

Cambodia: Clarifies Tax Obligations for Directors: Salary or Services?

Via Instruction 19116 dated 20 June 2025 Cambodia’s General Department of Taxation (“GDT”) has released detailed guidance on the tax…

Mar 17 2025

Vietnam: Transfer Pricing Update

On 10 February 2025, the Government of Vietnam issued Decree No. 20/2025/ND-CP (“Decree 20”), which amends and supplements certain articles…

Mar 7 2025

Tax and Transfer Pricing Considerations for Intragroup Services in Thailand

Our latest article is now available for download. In this article, we discuss the tax and transfer pricing considerations involved…

Jan 29 2025

Bangladesh: Updates on Amendments to the VAT Law

On January 9, 2025, the interim government of Bangladesh issued an ordinance to amend the Value Added Tax and Supplementary…

Jan 28 2025

Myanmar: MOPF Reinstates CBM’s Reference Exchange Rate for Customs Duties and Import/Export Taxes

Less than a month after implementing a new procedure for calculating customs duties and taxes on imports and exports, the…

Jan 14 2025

Myanmar: Key Updates to CMP Customs Duty and Import Tax Exemptions

The Ministry of Planning and Finance (“MOPF“) recently issued two important notifications affecting businesses engaged in Cut-Make-Pack (“CMP”) operations in…

Jan 7 2025

Myanmar: Significant Updates on Foreign Currency Tax Payments - New Procedures for Import/Export Taxes and Personal Income Tax in Myanmar

In December 2024, the Ministry of Planning and Finance (“MOPF“) and the Internal Revenue Department (“IRD”) introduced two significant updates…

Jan 6 2025

Recent VAT Developments in Vietnam

The National Assembly of Vietnam has approved a new Law on Value Added Tax, which will take effect on July…

Dec 16 2024

Chambers Asia-Pacific 2025 has ranked DFDL in 6 countries, 11 departments and 19 practitioners

The recently announced 2025 edition of Chambers Asia-Pacific has ranked DFDL in 6 countries, 11 departments and 19 practitioners! Congratulations…

Nov 29 2024

Cambodia: Updated Tax on Transportation Means for 2025

Key Highlights To download the full alert, click on the button below:

Nov 22 2024

DFDL Cambodia Officially Launched the 2025 Guide to Cambodia Customs

On November 22, DFDL officially announced the release of the DFDL Customs Guide 2025. This comprehensive resource is tailored to…