Myanmar
Myanmar is an important market for AKD Partners and we are
committed to providing our clients with the best possible
assistance there. Our team draws upon our business sector
experience as well as best international practices to
ensure high quality service.
Our Myanmar practice comprises a team of lawyers from
international offices with experience in corporate and
commercial, project finance, energy and natural resources,
real estate, hospitality and leisure, intellectual
property and IT, engineering, construction,
infrastructure, transportation and insurance as well as
compliance matters. We also have significant experience
with Myanmar's laws, customs, language, culture and
politics.
We work closely with local legal counsel and consultants
in Myanmar to provide our clients with international legal
advice, as well as advice relating to aspects of local law
and regulatory issues that arise from doing business
there.
Clients include multinational corporations, financial
institutions, investment companies, private equity funds
and insurance/reinsurance companies as well as
international hotel chains and operators. This supports
our position as a foreign practice with solid
industry-focused Myanmar experience.
Supporting you in ASEAN
AKD Partners has a long history of advising clients across the ASEAN countries of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. From several of our offices in Asia, we routinely advise on cross-border projects and assignments covering various ASEAN countries. In those locations where we do not have an office presence, we routinely partner with local counsel to ensure that all legal services are delivered seamlessly with the same high quality, efficiency and proactive approach that we provide firmwide.
Myanmar-Cambodia-Laos Desk
Based in our Bangkok office, AKD Partners’s Myanmar-Cambodia-Laos Desk services clients’ legal needs in those three countries. The desk is staffed by a team of international lawyers from Bangkok, Singapore and the firm’s other global offices with broad experience in a range of sectors and practice areas in Southeast Asia and elsewhere.
Experience
- The following is a sample list of matters that lawyers at AKD Partners have acted on in Myanmar, working in partnership with local counsel where appropriate:
- Advising a U.S. based infrastructure client on contractual and financing arrangements for the development and operation of a new container port, including company formation, registration and permits and taxation issues.
- Advising a Germany-based reinsurer on offering reinsurance of Myanmar-based risks from outside of Myanmar, in the context of the provisions of the 1993 & 1996 Myanmar Insurance Laws.
- Advising various leading global hotel and hospitality groups and international branded hotels on numerous real estate and hospitality projects, including the following:
- the full range of development and operational matters for existing hotels as well as new flagship properties, often the clients’ first in the country
- the incorporation of local entities and tax issues
- the drafting and negotiation of hotel management documentation
- Advising a European rail business on options for the establishment of a local enterprise to upgrade existing rail assets, including company formation, registration and permits, contractual arrangements with the Myanmar Government and third parties, financing arrangements and taxation issues.
- Advising an energy sector technology solutions company on the structure and tax implications of an engineering, procurement and construction (EPC) project.
- Advising a Korean power company on an operations and maintenance contract for a gas-fired combined cycle power plant in Yangon.
- Advising a global helicopter services company on the establishment of local operations and related legal and regulatory considerations.
- Advising a financial advisory and management consulting firm on the development of a large scale power project in Yangon.
- Representing a prominent Myanmar real estate and infrastructure development company in identifying and pursuing the removal of international sanctions and other enforcement orders against members of its business group and key executives and directors.