Revocation of Notarized POAs for any IP-related matters in Lao PDR
In Brief
On June 26, 2023 the Department of Intellectual Property, Ministry of Industry and Commerce, issued a Notice of revocation the attachment of notarization for certifying the original power of attorney.
Key Takeaways
The Department of Intellectual Property (DIP) has informed that the notarization of attachment that was used to authenticate the initial power of attorney has been revoked as the DIP intends to facilitate and enhance the procedures on the submission of the application and required documents for registration. It also includes the filling of additional documents that are original and no longer requires a notarization for the power of attorney as following details:
Power of Attorney
Deed of Inventorship
Assignment
Licensing
Declaration of Change of Name and/or Address
The representative companies that require for submission of the original power of attorney must apply the regulation or law concerning the power of attorney and must be responsible for the authenticity power of attorney. The DIP will inquire or verify based on a case-by-case basis, if there are any suspicions.
Conclusion
As the new notice of revocation the attachment of notarization for certifying the original power of attorney, has been announced. The original versions of the accompanying documents mentioned above are no longer necessary for notarization.
However, the Applicant required to submit the original of POA to accompanying the registration.
This notice takes effect from June 26, 2023 onwards. We would like to inform you for acknowledgement and compliance. Should you need further information on Laos Intellectual Property law, please drop us a line at IP@ilawasia.com
2023 Asia IP Trademark Survey Rankings
We are honored to have been ranked Tier 2 in Trademark Contentious area of the Asia IP Trademark Survey Rankings 2023 in Thailand jurisdiction.
This ranking is based on feedback and recommendations from corporate counsel, intellectual property owners, and brand portfolio managers from around the region and the world, as well as submissions from law firms in the global/regional IP community.
ILAWASIA also handled all aspects of trademark portfolio management and trademark strategic consulting, including advice and handling trademark searches, trademark applications, and trademark prosecution in numerous countries around the global.
Furthermore, AsiaIP previously recognized ILAWASIA as Tier 2 in the Copyright Survey Rankings for 2022-2023, as well as Tier 2 in the Patent Contentious Rankings for 2022.
Announcement to New Myanmar Companies’ Registration
The Directorate of Investment and Company Administration (DICA) intends the companies to make a habit of complying with Myanmar Laws and in accordance with the legal requirements when conducting the business in Myanmar.
In order to verify whether the companies, directors and participants comply with relevant applicable laws and to support anti-money laundering and anti-terrorism financing procedures, according to section 97 of Myanmar Companies Law, a company must submit the following information when submitting the Annual Return that it is required to submit within two months after company incorporation.
| No. | Details |
|---|---|
| 1. | A bank account must be opened in the company’s name and evidence that the paid-up capital has been credited to the bank lists as shown in the Myanmar Companies Online (MyCo system). |
| 2. |
The Annual Return is required personal information of an individual who act as a director of the company.
|
| 3. | Recommendation from the relevant township police that the registered office address of the company mentioned in the MyCo system is actually located on the ground and the company is planning to open an office. |
| Remark (i) If a shareholder listed in the company’s registration is a natural person, it is required to submit the same evidences as mentioned in paragraph no.2; (ii) If a shareholder listed in the company’s registration is a legal person or legal entity, related company documents must be submitted as the evidence. |
|
Those who register a new company should fully comply with the above-mentioned points from the date of publication of this announcement which is 1st April 2023 and submit the Annual Return to company.dica@mifer.gov.mm.
Thereafter the Registrar will allow the submitting of the Annual Return that have to submit within 2 months after the company incorporation according to Myanmar Companies Law, section 97 and if there is no fully comply in relation to the submission of the Annual Return, further action will be taken according to Myanmar Companies Law, section 430 (d) as stated the register may give notice to the company that it intends to suspend the company’s registration, and such suspension will take effect within 28 days unless the company makes good the default including by the payment of any outstanding fees and prescribed penalties.
According to the above requirements from DICA, this can be concluded as following remark:
- The new investor is required more responsibility and requirements to incorporate a company in Myanmar than previous company registration system;
- The company’s office address must be an actual established address on the ground and the approval of the relevant department must be applied;
- If the director is a foreigner, the process of applying Form-C at the Immigration Department must be completed.
Therefore, the timeframe for the company’s incorporation should take longer than before.
We will certainly keep you apprised of any future developments in its regard. Should you need further information on Myanmar Companies Law, please drop us a line at corporate@ilawasia.com
d-law firm Membership
ILAWASIA CO., LTD. has been admitted to d-lawfirm Membership of the Digital Economy Promotion Agency (depa) of Thailand, effective April 30, 2023, to April 30, 2026.
This recognition is in accordance with the Notification of the Digital Economy Promotion Agency regarding the Criteria for the Qualifications of Agencies Applying for Registration of Legal Services Providers, dated March 3, 2023, in which our firm met all legal requirements.
ALB: Asia IP Ranking 2023 : The Consecutive Achievement
We are honored to be ranked in various tiers in the Asian Legal Business (ALB) for IP Ranking Firms in Thailand for year 2023.
Tier 2: Copyright and Trademarks
Tier 3: Patent
This year marks the second year of success for ILAWASIA Co., Ltd., as one of Thailand’s notable IP firms.
As the Asian region reopens after three years of the COVID-19 pandemic, the role of intellectual property remains more important than ever.
This is reflected the outcome of our IP service, which have kept our standards when it comes to servicing clients in these time of transition.
The announcement has been notified at this link: bit.ly/3ImPpeo
Myanmar’s Top 20 IP Experts 2022 revealed
Htar Su May is senior associate of ILAW MYANMAR CO., LTD. (ILAWASIA’s Myanmar office),
Recently, Daw Htar Su May has successfully completed the Representative Training Course, certified by Myanmar Ministry of Commerce, Department of Intellectual Property.
With her exceptional expertise, she is not only providing legal advices and services on behalf of ILAW MYANMAR CO., LTD. but also reinforcing the firm’s reliability, and our clients’ trust.
Find out more information at : https://asiaiplaw.com/ip-expert/myanmar/htar-su-may
Benchmark Litigation Asia-Pacific 2023 is revealed
The 2023 edition of Benchmark Litigation Asia-Pacific has appraised ILAWASIA Co., Ltd. as Recommended Firm for consecutive terms since 2022.
By recently concluded the Benchmark Litigation Asia-Pacific research and finalized its rankings, it was noted in their analysis that: “Quick responses and the work is professionally done.”
Furthermore, ILAWASIA is ranked higher for 2023 in tier 3 for “Commercial and Transactions” category.
For the first time, ILAWASIA, also ranked as ‘Notable Firms’ for “Government and Regulatory,” “Intellectual Property,” and “Trade and Customs” categories
A notable analysis stated that: “The firm recently acted for construction company in an arbitration proceeding related to power plant project disputes.” Moreover, “In a breach of contract case, the liquidator of one insurance company turned to the firm to help recoup funds that its insurance brokerage company received from clients that had not been reimbursed to the account of the general insurance fund.”
We would like to take this opportunity to express our gratitude to all our valued clients, and business partners. They have entrusted us with challenging situation; and it has been our privilege acting for them. These recognitions reflect our legal expertise, quality of work, and commitment to our clients.
View the announcement for this year’s rankings at this link : https://benchmarklitigation.com/Jurisdiction/Thailand/Rankings/8540#rankings
Asia IP Copyrights Ranking 2023 : The Continuous Term of Success.
Based on feedback and recommendations from corporate counsel, intellectual property owners, and brand portfolio managers from around the region and the world, as well as submissions from law firms in the global/regional IP community.
We are honored to be ranked Tier 2 in the Asia IP Copyrights Ranking 2023. This year marks the second year of success for ILAWASIA Co., Ltd., as one of Thailand’s notable IP-copyright firms.
ILAWASIA has advised some of our clients over the years to obtain full benefit from their copyright assets by registering and licensing them, enforcing their copyrights where necessary, and preventing infringement of copyrights by recording the copyright in the Thai Department of Intellectual Property online system.
We typically work with our clients to establish best practices for protecting, using, and litigating copyright cases in the fields of information technology and consumer products, so you can be confident that your IP rights are secure.
For more details, please visit at this link : https://asiaiplaw.com/section/the-verdict/asia-ip-copyright-rankings-2023
The 8 Best Estate Lawyers In Bangkok
ILAWASIA was chosen as one of eight firms with the Best Estate Lawyers in Bangkok, Thailand by the CleverThai website.
Survey based on professional credentials and overall attitude of lawyers and law firm toward clients.
Source : https://www.cleverthai.com/best-estate-lawyers-bangkok/#8-ilawasia/
World Trademark Review has ranked Somphob Rodboon in the Enforcement and Litigation and Prosecution and Strategy areas in Thailand for year 2023
For the first time, Somphob Rodboon, Managing Partner of ILAWASIA, has been ranked in the Bronze tier by World Trademark Review (WTR) in Thailand’s Prosecution and Strategy area for 2023. Furthermore, Somphob has held the Silver tier in Thailand’s Enforcement and Litigation area for consecutive terms since 2022.
“ILAWASIA founding and managing partner Somphob Rodboon assists patrons of all shapes and sizes in managing portfolios, devising watertight strategies, and protecting their brands,” WTR complimented.
The WTR 1000 focuses exclusively on trademark practice and has firmly established itself as the definitive ‘go-to’ resource for those seeking world-class legal trademark expertise.
