Legal Aspects of Restructuring Loans and Key Tax Updates in Myanmar

06/16/23 • 55 min

If you missed our live webinar from 7 June 2023, here is another chance at listening to a recording of Legal Aspects of Restructuring Loans and Key Tax Updates in Myanmar by DFDL experts, Nick Towle (Regional Senior Adviser) and Diberjohn Balinas (Myanmar Tax Director).
The webinar came at a challenging time in Myanmar. The country’s recent political crisis, the government’s attempt to ‘de-dollarize’ 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.
The presentation included 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).
Recording Date: 7 June 2023
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Previous Episode

An Expert Overview of the Logistics & Industrial Real Estate Sector in Thailand

If you are interested in investing in Thailand’s logistics and industrial real estate sector, listen to this highly informative episode!

Although the logistics and industrial real estate market in Thailand has gone through several rough months due to COVID-19 and its ongoing impacts, many lucrative opportunities remain and are there for the taking by forward thinking and eagle-eyed logistics players. This sector is anticipated to witness tremendous growth in the coming years due to the unprecedented expansion of e-commerce activities, digitalization of the economy and rapid changes in the ways we order and purchase items whether they be everyday household goods, food, consumer electronics or even furniture. All of these developments will create huge demand in the logistics space requiring greatly overhauled and streamlined supply chain and logistics operations, storage facilities and vehicle depots, warehouses, factories, assembly stations, repair facilities, IT systems and more throughout the country.

Guillaume Massin (Partner, Cambodia & Thailand Managing Director, Head of Regional Real Estate & Construction Practice) and Paul Volodarsky (Deputy Head of Regional Real Estate & Construction Practice) address the primary concerns of logistics and industrial site developers along with foreign and local investors when deciding on the best ways to enter this market. In this spirit, our experts lay out the most relevant laws, current opportunities and the regulatory challenges that prospective investors need to fully understand before embarking on their activities in this sector.
Recording Date: 21 September 2021

Top 4 Questions Discussed:

What are the legal and due diligence considerations to be taken into account when entering the logistics/industrial real estate market in Thailand?
What are some of the practical considerations that investors need to be aware of prior to entering the market?
What are some of the recent changes to the law that affect Thailand’s logistics/industrial real estate sector?
Looking into your crystal ball, where do you see Thailand’s logistics/industrial real estate market in the coming years?

Next Episode

Tax and Legal Aspects of Restructuring a Business in Myanmar

On 7 July 2023, our Partner and Myanmar Managing Director, Nishant Choudhary, had an informative discussion with Diberjohn Balinas (Myanmar Tax Director) and Rohan Bishayee (Myanmar Legal Consultant) on the tax and legal aspects of restructuring a business in Myanmar.
Our team discussed the approaches on how to navigate issues in Myanmar given the current political climate, restrictions on foreign payments, and issuances from the authorities. Our team shared insightful case studies that were well received by the participants during the live webinar.
The high-level discussion included the following topics:
 Understanding the common types of business restructuring in Myanmar
 Overview of the applicable Myanmar taxes related to business restructuring
 Strategies for tax planning when exiting or restructuring a business in Myanmar
 Practical insights into the process of deregistration and dissolution in Myanmar
Recording Date: 7 July 2023
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