LaosCambodiaIndonesiaLaosMyanmarVietnam Get to the point.

OUR PRACTICE IN LAOS

OUR PRACTICE AREAS

HEAD COUNT OUR APPROACH

� We are known for our hands-on commercial approach – our focus is on getting things done.

� Our ability to navigate the Government administration is exceptional, saving precious time on approval processes and improving the transparency of transactions.

� We offer both traditional legal services as well as the full spectrum of corporate compliance services to suit clients’ needs for an integrated value proposal.

� We have an experienced tax-focused team in Laos, and have been recognized for our outstanding expertise in taxation.

� We also provide comprehensive accounting and bookkeeping services.

Legal

Our lawyers have built up a wealth of knowledge and expertise in a broad range of areas with leading international or regional law firms. At VDB Loi, the legal team focuses mainly on transactions in TMT, M&A, investment, real estate, resources, energy, infrastructure and capital markets.

Our team brings a solution-minded approach to the deal, a safe pair of hands with a responsive and dynamic attitude. Of particular note is our policy of working with Government authorities in all the countries we cover, and our emphasis on “on-the-ground” knowledge.

Regulatory

Regulatory matters are a core strength of VDB Loi in all of our jurisdictions. Clients rely on our experience and our local relationships with Government organizations for licensing of foreign investment, assistance with securing operating permits, and all regulatory permits and requirements applicable to a wide range of industries. We offer an unusually wide scope of regulatory services, aimed at delivering the desired result for all of a client’s commercial and operational needs.

Our regulatory team comprises lawyers and regulatory experts with compliance or even technical backgrounds. We have extensive experience in the following areas:

Tax

VDB Loi is widely recognized as a leading tax advisory firm. We offer a full range of professional tax services, from corporate tax structuring to due diligence. With tax advisers working in close conjunction with our transactional lawyers, VDB Loi is in a unique position to structure transactions in a tax-efficient manner. Our advisers adopt a dynamic and assertive approach to improve your tax situation and avoid unnecessary adverse tax consequences.

Our credentials on international taxation are unique in the region – we have extensive experience with regional tax structuring for corporations, and other international tax issues.

There are three things you need to know about our approach:

1. We deliver the ultimate in ground connectivity.

2. Our quality is trusted by the most discerning.

3. We never give up.

These three core values are why our clients choose us.

� 2 Partners

� 20 Fee earners (full-time Lao residents only)

� Including 2 expatriates

� 25+ Staff in total in Laos

� Investment

� TMT

� Mergers & acquisitions

� Real estate transactions

� Oil and gas

� Mining transactions

� Capital markets

� Energy

� Infrastructure

� Corporate & commercial law

� Investment licensing

� Operating permits

� Importation

� Construction and zoning

� Environmental

� Food and drug approvals

� Foreign exchange

� Manufacturing licensing

� Telecommunications

� Labor compliance

� Corporate tax structuring

� Real estate tax structuring

� Oil, gas and mining tax services

� Customs and excise advisory

� Tax due diligence

� Transfer pricing advisory

� Tax optimization

� Taxation of banks and financial services

� Tax controversy and litigation

LEGAL AND REGULATORY TEAM

TAX AND COMPLIANCE TEAM

PARTNERS

Jean is one of the region’s most experienced tax and regulatory specialists with more than 15 years of experience in Indochina, Myanmar and Singapore. She has advised on a large number of project transactions and tax disputes in the specialties of structuring, power plant projects, and oil & gas. As the managing partner of VDB Loi, Jean has extensive experience with projects related to the market entries of companies in the infrastructure, telecommunications, energy, and financial services industries in the region, as well as with supply chains. In Laos, she works with clients from a variety of industry sectors, conducting due diligence and advising on investments and M&A projects.

She has been recognized for her outstanding practice with a number of awards. Jean is accredited for Income Tax and GST Advisory by the Singapore Institute of Accredited Tax Professionals (SIATP) and is a member of the Chartered Accountants of Australia and New Zealand.

Edwin was formerly with Loyens & Loeff and a partner at DFDL. He has 25+ years of experience as a legal adviser, academic, author, and government consultant. He has worked in Southeast Asia for over 20 years.

Edwin has structured some of the largest acquisitions and investments in the region, and is a renowned tax specialist. In Laos, Edwin has assisted clients with tax disputes and advising on the legal and tax implications of their operations. He has worked on transactions and compliance issues in Laos since 2008. He advised on the purchase of one of the largest telecom operators in the country, on the acquisition of an oil and gas interest by an exploration company based in the UK, and has advised development financial institutions on financing transactions with Lao borrowers and sovereigns.

Jean Loi EdwinVanderbruggen

Daodeuane is regarded as one of Laos’ most experienced and knowledgeable advisers. She has over 20 years of experience, including leading the tax team at PwC in Laos, and prior to that, working at a top regional law firm.Daodeuane advises multinational and local firms in Laos across a wide range of sectors, including mining, hydropower, gas exploration, and banking, and has formed excellent working relationships with the government authorities.

Previously an associate director managing PwC Laos’s legal practice, Sornpheth is an attorney-at-law with an impressive legal background, having been a district court judge, a legal researcher, and a law lecturer in Laos. He was part of the working group that prepared the civil law textbook, and amended the contract, tort and economic arbitration organization laws, and is an expert in anti-corruption. At VDB Loi, Sornpheth provides legal advisory to clients from a broad range of industry sectors on their Lao law matters.

DaodeuaneDuangdara

SornphethDouangdy

Meckhala, a member of the Lao Bar Association, is an experienced legal adviser, and worked for five years with PwC Laos in the legal and tax services division. She has assisted a wide range of local and international clients with their corporate and legal issues, on matters such as investments, labor issues, market entry, company setup, and legal due diligence.

Anonglack, an experienced legal adviser, worked as a senior consultant for PwC Laos in its legal and tax services division before joining VDB Loi. He assists a wide range of local and international clients with their corporate and legal issues, including on investment, labor, immigration, company establishment and legal due diligence.Anonglack

PhongsavanhMeckhalaVilivong

Sibasish is a lawyer qualified in India with specialization in business law and corporate matters. As a legal associate, he assists with research, analysis and advice on Lao PDR and international laws and treaties, and their interpretation; as well as with drafting and reviewing commercial contracts and preparing a range of other legal documents, including legal opinions and letters of advice.

Khammanh is a legal associate with a strong grounding in civil procedure law and intellectual property law. Prior to joining VDB Loi, he interned with Tilleke & Gibbins in Hanoi and Bangkok, where he focused on intellectual property law, conducting intellectual property investigations, legal research, and advising clients to successfully register trademarks. He speaks Laotian, Thai, and Vietnamese.

Khammanh Vathanaphone

Sibasish Mohapatra

Anthony is a French expert in taxation with varied international experience. He spent several years in tax consulting with Big Four firms Ernst & Young and PwC in emerging markets. A consultant for the Cameroon and Comoros tax/customs authorities, he understands customs duty and cross-border taxation from both the government’s and the client’s perspectives. Anthony advises clients across a range of industries, and has particular expertise with regard to the energy sector, advising on clients’ power and resources projects.

Vilaysack is an accounting professional with over 10 years of experience. He is a CPA of Australia and a Lao CPA. His work as a financial analyst and an accountant in both the private and public sectors has given him a solid understanding of the regulations and practices in Laos, as well as of international standards. Prior to joining VDB Loi, he worked for KPMG, the World Bank, and as the financial controller for the Swiss Development Cooperation in Laos. Vilaysack assists VDB Loi’s clients with their accounting and compliance matters.

Vilaysack Syvilay

AnthonyAssassa

Souklany, a tax consultant with several years of experience, has worked in a variety of industry sectors. She ran her own business, and held finance and admin positions in manufacturing and for the IFC, among others. Souklany assists clients with their tax compliance and immigration matters.

Sengmanila is an experienced accountant and financial manager, with expertise in budgeting and planning. She holds a Business Administration degree from the National University of Laos. She assists clients with their financial management and accounting needs.

SengmanilaSiensilibouth

Souklany Sengbouapha

RECENT PROJECTS RECOGNITION

� Acted as counsel for an international financial institution on the financing of a real estate project

� Advised an investor in a large hydropower project

� Assisted the developer of a specialized passenger screening system on its market entry and planned project

� Assisted on the transfer of shares in a concession company, provided a legal opinion, and handled the notarization and registration of security interests

� Drafted the business cooperation agreements for a Lao-Japanese real estate investment

� Assisted with litigation for a number of clients, including preparing petitions and responses

� Provided legal advisory on a project financing deal for a Chinese bank

� Advised the sponsor of a 1,878 MW lignite mine mouth power plant on Lao law issues

� Provided legal and tax advice regarding the concession agreement of a major power generation project

� Advised a European development financial institution on financing transactions

� Advised the subsidiary of an Australian-listed mining company on a range of complex tax issues stemming from its investment agreement with the government

� Advised on the development and financing of an SEZ

� Assisted an international bank with two financing deals, drafting the facility and other required agreements

� Advised a global management consulting, technology services and outsourcing company on the legal and tax aspects of providing services

� Advised on legal compliance for a multinational steel producer

� Advised an international bank on cross-border taxation, tax minimization, personal income tax and loan agreements

� Drafted the concession agreement for a foreign infrastructure development company and advised on JV agreements and other legal issues

LaosLevel 4, Kolao Tower II23 Singha Road, Nongbone Village, Saysettha District VientianeT: +856 21 454 679E: daodeuane.duangdara@vdb-loi.com sornpheth.douangdy@vdb-loi.com

MyanmarLevel 10, Units 01-05Junction City Office Tower Corner of Bogyoke Aung San Road and 27th StreetPabedan Township, YangonT: +951 9253 752~756F: +951 9253 758

ParkRoyal HotelJade Villa No. 13/14Hotel ZoneDekhina Thiri TownshipNay Pyi TawT/F: +95 678 106 089

IndonesiaPlaza Bisnis Kemang Suite 211JI. Kemang RayaNo. 2Jakarta 12730T: +62 21 718 3415

The Cityloft Sudirman Suite 1119Jalan K. H. Mas Mansyur Kav. 121Jakarta, 10220T: +62 21 2555 6611

CambodiaNo. 33, Street 294 (corner of Street 29)Sangkat Tonle Bassac Khan ChamkarmornPhnom Penh 12301T: +855 23 964 430~434F: +855 23 964 154

VietnamLevel 20, Unit 2010 Sun Wah Tower115 Nguyen Hue Blvd.District 1Ho Chi Minh CityT: +84 28 3821 9525

www.vdb-loi.comFind us on: BDA

OFFICES IN LAOS AND THROUGHOUT THE REGION