If you have existing contracts or are contemplating execution of new contracts in Myanmar, you should be aware of a recent announcement made by the Internal Revenue Department (IRD). The announcement addresses the requirement that a contracting party affix proof of paid stamp duty to all dutiable contracts made within Myanmar in accordance with the Myanmar Stamp Act.

Cambodia has introduced a new law and subsequent regulations which categorize all taxpayers into one of three classes based on criteria relating to their size. Each class has a different annual patent tax (a type of annual business registration tax), which is payable on every business activity of the company. The classes and criteria, as well as their fees, are set out in the following table:

The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements. The guide provides an invaluable primer for investors new to Thailand.

The first edition of Global Agriculture Law, a Q&A-style guide that provides detailed overviews of agriculture law worldwide, has been published. The guide covers key practical issues, including those affecting agricultural companies and cooperatives, land ownership and usage rights, tax and financing, crop seed business, plant variety right protection, GM crops, importing animals, gene patents, and product liability.The Thailand chapter, written by lawyers at Tilleke & Gibbins, delves into the following main issues: