ILAW MYANMAR CO., LTD. > Yangon, Myanmar > Firm Profile
ILAW MYANMAR CO., LTD. Offices
ILAW MYANMAR CO., LTD.
Myanmar Centre Business Suites, F10, F11, F12, Myanmar Centre Tower 2
192 Kaba Aye Pagoda Road
Bahan Township
Myanmar
Myanmar Centre Business Suites, F10, F11, F12, Myanmar Centre Tower 2
192 Kaba Aye Pagoda Road
Bahan Township
Myanmar
Email firm 95 9 694485971
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ILAW MYANMAR CO., LTD. > Firm Profile
ILAWASIA , a full-service law firm, was established in 2007, located in Bangkok Thailand and founded by Mr Somphob Rodboon, an experienced litigator. During 2018-2023, he expanded the firm to Myanmar, Cambodia, and Laos which makes the firm grow quickly into a medium-sized business law firm and accessed to a network of high-quality experienced lawyers. As such, the firm is in well placed to service the requirements of clients across regional and international in all fields of laws.
ILAWASIA offer services in business and international law ranging from litigation, intellectual property, corporate and commercial law, due diligence, immigration, real estate, labour law, as well as contract and agreement drafting. Our teams are individualistically experienced in legal practice and always combine cutting-edge understanding with a unique sensitivity to international clients’ business needs. With pride, we take our ethical standards seriously, ensuring responsibility, care and respect in all aspects of our operations.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Managing Partner | Somphob Rodboon | [email protected] | +6620482534 |
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Mr Somphob Rodboon | Mamaging Partner | View Profile |
|
|
Miss Htar Su May | Senior Associate | View Profile |
Languages
English Thai Burmese Lao CambodianMemberships
Cambodia Business Council (CBC) Thailand-Laos Business Council (TLBC) Thai-Myanmar Business CouncilClient Testimonials
CLIENT: Kobe Yukio
COMPANY/FIRM: TTCL Public Company Limited
TESTIMONIAL: “My experiences with ILAWASIA was excellent. My attorneys, Somphob Rodboon and his team always provide us with practical legal advices relating to a complex international property and construction disputes, and arbitrate on arguments in my cases with supportive evidences and documents that were needed to be successful in arbitral proceeding. The entire team is responsive, helpful, and well informed across area of arbitration under which we have solicited their services for years.
CLIENT: Mr.Kittipong Vivitvorakit (Group Supply Chain and Operational Director)
COMPANY/FIRM: Do Day Dream Public Company Limited
TESTIMONIAL: “Mr. Somphob Rodboon is very responsive to all our requirements, and he has a great understanding of all aspects related to Intellectual Property law. I highly recommend anyone with a need for trademarks and copyrights management to contact Mr. Somphob and ILAWASIA’s attorney is a very professional team with all the expertise you would need.”
CLIENT: Ms.Tapanarch Li-m (Assistant to Managing Director)
COMPANY/FIRM: DFT (Thailand) Co., Ltd.
TESTIMONIAL: “The IP and Litigation team at ILAWASIA has organised complex intellectual property matters for us, focused on the sensitive issues, and developed litigation strategies. In addition to the prosecution and continuous, they have been helpful with filings regarding trademarks and other aspects of our intellectual property. This full-service management by Somphob Rodboon and ILAWASIA’s attorneys brought effective legal services and delivered in a cost-effective manner.”
CLIENT: Mr.Unnop Pannasiri (Law Director)
COMPANY/FIRM: ZEN Group
TESTIMONIAL: “Somphob Rodboon and his attorneys of ILAWASIA’s extensive IP knowledge and advice has enabled us to manage all of our IP needs seamlessly. His expertise is outstanding and his team service and action are always prompt and punctual. Somphob is also a prominent lawyer that understands our business and the direction where we aimed to achieve, as well as to prevent any IP disputes that may occur. This is the reason why we trust ILAWASIA’s administration of our IP portfolio.”
Press Releases
Tanadee Pantumkomon Appointed as Partner at ILAW Cambodia Law Office.
9th June 2025 [20 May 2025] — ILAWASIA is pleased to announce the appointment of Tanadee Pantumkomon as the firm’s new Partner in ILAWASIA’s Cambodia Office, ILAW Cambodia Law Office.Cambodia to Launch an Accessing Office of WIPO
2nd May 2025 Beginning from 1st March 2025, Cambodia launches the Accessing Office of WIPO’s digital access service. This integration will facilitate applicants in providing priority documents and all other IP-related documents between the participating IP offices.The Evolution of Taxation in Thailand’s E-commerce
17th January 2025IN BRIEF
Since 2019, the COVID-19 pandemic has drastically reshaped traditional retail, pushing consumers toward online platforms during global lockdowns and fueling an E-commerce boom.Newsflash: Recent Updates on Myanmar Trademark Registration
10th June 2021The New Trademark Application under the old Registration System is still accepting
Currently, the Registration of Deeds Office is still accepting the filing of new trademarks during the soft opening period under the Old Trademark Registration System. When the new Trademark Law comes into force, accepting the filing of new trademarks will be stopped by issuing the notice from the Ministry of Commerce (MOC).Legal Developments
Scrutiny Guidelines to Prevent Land Holding for the Benefit of Foreigners
2nd May 2025 Thailand generally prohibits foreign nationals from owning land. However, there are notable exceptions that allow land ownership under specific conditions. For instance, a foreigner may acquire land for residential purposes if they invest a legally prescribed minimum amount. Additionally, land ownership may be granted under special laws, such as those related to investment promotion privileges.Managing and Preservation of Evidence for Criminal Case in Myanmar
2nd May 2025 IN BRIEF In Myanmar, the law enforcement agencies and the courts have the duties and responsibilities to manage and preserve the evidence for criminal cases. Police force is responsibilities for investigating and authority to seize the evidence.Plants Varieties, Its registration, and the Protection of Rights
28th February 2025 IN BRIEF Developers or breeders who invest in the plant variety development process should be legally protected.Thailand Petroleum 25th Onshore Bidding Round: Invitation for Petroleum Exploration and Production Rights
11th February 2025 IN BRIEF The Ministry of Energy has announced a new 25th bid-round of applications for petroleum exploration and production rights,Key Guidelines on RoPA Exemptions for Small Enterprises
31st January 2025 IN BRIEF The Personal Data Protection Act B.E. 2562 (2019) ("PDPA") exempted small enterprises from the obligation to create, record, and retain a Record of Processing Activities ("RoPA") under Sections 39 and 40.Thailand’s Top-up Tax Decree: Aligning with Global Standards while Supporting Investment
24th January 2025 IN BRIEF On January 8, 2025, the Minister of Finance proposed the Emergency Decree on Top-up Tax, B.E. 2567 (2024) (“Top-up Tax Decree”) to Parliament for consideration and affirmation of the Cabinet’s approval.Update on Copyright and Related Rights in Myanmar
14th January 2025 IN BRIEF Myanmar’s Copyright Law 2019 was enacted on May 24, 2019 and the Ministry of Commerce issued the Copyright Rules with the Notification No. 70/2023, dated October 23, 2023.The Rise of Data Centers: Why Thailand is Becoming a Hotspot for Colocation Services
14th January 2025 In today’s digital era, Data Centers are the backbone of our technology-driven world.Crypto Currency Business in Laos
13th January 2025A. Legislation:
In 2021, the Ministry of Technology and Communication has issued the Ministerial Decision on experimenting with digital asset transactions No. 888.MTC, dated November 9, 2021. To defines the types, regulations and measures regarding the trial of digital asset transactions in the Lao PDR to be safe, reliable and effective, aiming to protect the rights and legitimate interests of the transaction operators and service users to contribute to the economic and social development of the nation.1 After that, the Bank of Lao PDR (BOL) has issued the Ministerial Decision on the trial operation of Crypto currency Trading Platform No. 777.BOL, date December 15, 2021; to defines the principles, regulations and measures regarding the operation of crypto currency trading during the trial period in order to make the management, risk management and operation of crypto currency trading stable, safe, reliable and effective, aiming to protect the rights and legitimate interests of service users and contribute to the development of the financial and monetary institution system as well as the economic and social development of the nation. 2B. Requirements for Operator of Cryptocurrency Trading Platform
- Must have Lao shareholder(s) to hold at least 51% of the total share;3
- The register capital is at least 10.000.000 USD (TEN MILLION US DOLLARS)4
- Must be a company registered as an enterprise in the Lao PDR to exclusively operate shopping centre business Cryptocurrency only;5
- Must have at least one manager who holds Lao nationality and has a passport in Lao PDR;6
- Must be in a cooperation and connection system with commercial banks under the management of the Bank of the Lao PDR7
C. Required Supporting Documents
- Feasibility study and its timeframe8
- Security system9
- Business Impact Analysis (BIA), Business Community Management (BCM), Business Community Planning (BCP), and Complexity 10
- Internal Control System11
- Anti Money Laundry Policy12
D. Requirements of Digital Asset Businesses13
For cryptocurrency mining activities:- Royalty fee for permission to conduct cryptocurrency mining transactions is collected once in the amount of 500,000 US dollars (five hundred thousand US dollars) per license;
- Cryptocurrency mining enterprises must pay a tax based on the size of electricity supply: every 10 (ten) megawatts must pay 1,000,000 US dollars (One Million US dollars), which means that every 1 (one) megawatt in the contract must pay 100,000 US dollars (One Hundred Thousand US dollars), by giving it to the state budget in instalments (4 (four) instalments per year). Delivery of each instalment shall be no later than the 20th day of the first month of the next instalment. Starting from the 3rd year onwards, there must be a review of the payment of taxes in the form of assigning a new contractor
Exemption from importation of electronic equipment used in cryptocurrency mining.
For cryptocurrency transactions:- One-time fee for the license to operate the cryptocurrency trading center is 1,000,000 US dollars (one million US Dollars) per license;
- Crypto currency buying and selling service enterprises (centers) must pay a Lump-Sum tax at the rate of 15% (fifteen percent) of the fees that the service center collects from buyers and sellers at the time of buying and selling each time by giving it to the state budget in installments (4 (four) installments per year). Delivery of each installment not later than the 20th day of the first month of the next installment.
- 3. The obligations above are defined as principles for business operators to implement. In addition to the above, business operators and those with income must comply with relevant laws and regulations.
E. Application Process, Time frame and Government Fees
i. Application Process: According to Article 11 of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, dated December 15, 2021:- Step 1. The Bank of the Lao PDR must consider the application for Crypto currency Trading Platform Business and give an answer in principle within 30 days from the date of receipt of complete and accurate document.
- Step 2. After receiving the letter of approval in principle, those who intend to apply for a cryptocurrency trading center must fulfill the following conditions:
- Pay one million US dollars in Royalty fees to the Ministry of Finance;
- Pay up fully registered capital;
- Have operation office and equipment to serve the appropriate business operations;
- Have an operating system and an information technology system that can meet the operation of the cryptocurrency trading center and obtain a technical standard certificate for the trading system.
- Compose standard staffs in sufficient numbers
- Meet other conditions as determined by the Bank of the Lao PDR.
- Step 3: The Bank of Lao PDR will issue a business license to those who intend to apply for a license to Crypto currency business, have fully fulfilled the conditions set forth in Step 2 and such applicant must be active in business within thirty days from the date of receiving the business license.
- Application Fee:20,000,000 LAK (Twenty Million Lao Kip) (approximately 920 USD) per one application on the date of submission the application;
- License Fee: 5,000,000 LAK (Five Million Lao Kip) (approximately 240 USD) per one license and it must be paid on the date of receiving the License.
- Operation Annual fee: 0.1% of the total revenue.
F. Conclusion
The regulatory framework for cryptocurrency businesses in Laos, as outlined in this article, reflects the Lao PDR's commitment to fostering a secure and efficient digital asset environment. With clear requirements for operators, robust taxation measures, and government oversight, the country has established a foundational structure to attract investment while ensuring compliance and stability in this emerging sector. For businesses seeking to navigate these complex regulations, ILAW LAOS offers unparalleled expertise and guidance. As a prominent legal entity, ILAW LAOS has built a strong reputation for its comprehensive understanding of local and regional laws. The firm's team of experienced professionals is adept at assisting clients in meeting regulatory requirements, securing necessary approvals, and mitigating risks associated with this dynamic market.AUTHOR
- Tanadee Pantumkomon, Partner; and
- Viphavanh Syharath, Associate.
1Article 1 of Ministerial Decision on experimenting with digital asset transactions No. 888.MTC, dated November 9, 2021. 2Article 1 of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 2Article 8 (No.3) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 4Article 10 of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 5Article 8 (No. 1) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 6Article 8 (No. 4) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 7Article 8 (No. 6) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 8Article 9 (No. 9.4; 9.5;) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 9Article 9 (No. 9.6) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 10Article 9 (No. 9.7) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 11Article 9 (No. 9.8) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 12Article 9 (No. 9.11) of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021. 13Article 10 of Ministerial Decision on experimenting with digital asset transactions No. 888.MTC, dated November 9, 2021 14Article 14 of Ministerial Decision on the trial operation of Cryptocurrency Trading Platform No. 777.BOL, date December 15, 2021.