Bloomberg Tax, a research portal featuring information on tax systems around the world, has published the Country Guide for Myanmar , authored by legal practitioners from Tilleke & Gibbins’ office in Yangon.The guide is part of their repository of expert analyses of tax systems worldwide, which features in-depth information on the ins and outs of tax systems around the globe. This guide to taxes in Myanmar includes the following:

Bloomberg Tax, a research portal featuring information on tax systems around the world, has published the Guide to Indirect Taxation in Myanmar , authored by legal practitioners from Tilleke & Gibbins’ office in Yangon.The guide is part of Bloomberg’s repository of expert analyses of tax systems worldwide, which features in-depth information on the ins and outs of tax systems around the globe, including guides to navigating VAT/GST tax systems. In Myanmar, indirect taxation takes the form of commercial tax, which the guide breaks down as follows:

The 2019 edition of Thomson Reuters’ Practical Law Life Sciences Global Guide  has been released, with its Pharmaceutical Intellectual Property and Competition Law in Cambodia chapter written by practitioners from Tilleke & Gibbins’ Phnom Penh office.The guide is a Q&A-style overview of the regulatory frameworks for the life sciences industries across jurisdictions worldwide. This chapter on pharmaceutical IP and competition law in Cambodia addresses the following issues in the country’s legal landscape for life sciences:

On February 19, 2019, by amending the Narcotics Act B.E. 2522, Thailand caught the cannabis industry by surprise and became the first Asia-Pacific country to legalize medicinal cannabis. While hemp had been approved for use in industry since 2018 (see here), the amendment of the Narcotics Act B.E. 2522, providing for a Thai FDA registration pathway for medicinal cannabis, was largely unexpected.   

A steady increase in the number of companies transferring their IP assets to Thailand has seen an increase in the need for these companies to rely on the courts to protect their complex scientific and technological advancements. Recent developments have seen Thailand’s court system rising to the challenge, using international standards of protection including:

Rightsholders enforcing trademark, industrial design, or patent rights in Vietnam will often be advised by counsel of the need to obtain a “VIPRI opinion” as a first step in an enforcement case. The Vietnam Intellectual Property Research Institute (VIPRI) is the only agency in Vietnam authorized to provide expert opinions on IP infringement.

On July 12, 2019, the Securities and Exchange Commission of Myanmar issued Notification 1/2019, which announced that foreign individuals and foreign entities will be permitted to invest in up to 35% of the shares in Myanmar companies listed on the Yangon Stock Exchange (YSX).