Southeast Asian legal and tax advisory firm VDB Loi has strengthened its presence in Myanmar through a partnership with Earnest Financial Group, an organisation specialising in audit and tax services.
VDB Loi’s Yangon team now features local partner Thida Cho Win, an ACCA-qualified CPA with 25 years of experience in Myanmar tax and accounting matters, and Cynthia Herman, a qualified CPA from the UK with more than five years of advisory experience with KPMG, DFDL, and VDB Loi. Herman has also advised oil companies, oilfield service providers, distribution companies, and private equity funds on Myanmar tax and investment matters.
The new partnership follows a string of recent moves designed to enhance the firm’s taxation and advisory practice throughout the region. For example, last month the firm announced that Christopher Muessel, a partner specialising in M&A, real estate, project finance and compliance – who was formerly with Singapore’s Rajah & Tann – had joined the firm.
“With our strong local partner, our expatriate advisers on the ground and VDB Loi’s more than five years of experience advising on taxation in Myanmar, our new team is poised to become the country’s leading international tax outfit,” said Jean Loi, managing partner of VDB Loi, in a statement. “In terms of market for quality tax and legal services, Myanmar is not the next Cambodia; it is the next Thailand.”
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