Legal Updates

29
Mar
2019
Cambodia Legal Update: Deadline for foreigner work permit renewals extended to 30 April 2019
      CAMBODIA LEGAL UPDATE: DEADLINE FOR FOREIGNER WORK PERMIT RENEWALS EXTENDED TO 30 APRIL 2019   As you may be aware, according to the applicable regulations, foreign employees are required to renew their 2019 work permits and employment cards (“Work Permit”) with the Ministry of Labor and Vocational Training (“MLVT”) by 31 March […]
27
Mar
2019
Cambodia Legal Update: Implementation of retroactive seniority payments postponed to 2021
        CAMBODIA LEGAL UPDATE: IMPLEMENTATION OF RETROACTIVE SENIORITY PAYMENTS POSTPONED TO 2021   With the 2018 amendment of the Labor Law and Prakas No. 443 of the Ministry of Labor and Vocational Training (“MLVT”), which introduced seniority payments for all existing unlimited duration contracts (for more details, please see our prior Cambodia […]
19
Mar
2019
Cambodia Legal Alert: Deadline fast approaching for work permit renewals
      CAMBODIA LEGAL ALERT: DEADLINE FAST APPROACHING FOR WORK PERMIT RENEWALS   As you may be aware, according to the applicable regulations, employers of foreign employees are required to ensure that they obtain a work permit and employment card (“Work Permit”), and that such Work Permit is renewed with the Ministry of Labor […]
15
Feb
2019
Cambodia Announces Tender for 100MW Solar Plant
      CAMBODIA ANNOUNCES TENDER FOR 100MW SOLAR PLANT   Electricite du Cambodge (“EDC”) has finally issued the long-awaited tender for the development of a 60MW solar power plant to be connected to the national grid, which is Phase 1 of a planned 100MW solar power park. On 13 February 2019, EDC issued an […]
31
Jan
2019
Cambodia Legal Update: Online re-registration filing deadline extended again to 31 December 2019
      CAMBODIA LEGAL UPDATE: ONLINE RE-REGISTRATION FILING DEADLINE EXTENDED AGAIN TO 31 DECEMBER 2019   According to a previous notice of the Ministry of Commerce (“MOC”) dated 22 December 2017, all corporate entities were required to complete their online re-registration with the MOC by 31 December 2018. Recently, the MOC issued another notice, […]
30
Jan
2019
What Happened in Cambodia While You Weren’t Looking
      What Happened in Cambodia While You Weren’t Looking   Financing and tax 2018 saw several changes to the tax regulations. The application of transfer pricing rules in Cambodia is now a reality. Starting from 2018, companies have to comply with the regulations issued in October 2017, which adopt the arm’s length principle […]
8
Jan
2019
Cambodia Legal Update: Clarification of Seniority Payments for 2019 Onwards
      CAMBODIA LEGAL UPDATE – CLARIFICATION OF SENIORITY PAYMENTS FOR 2019 ONWARDS   Further to the amendment in 2018 of the Labor Law and Prakas 443 on seniority payment, which is applicable to all existing unlimited duration contracts (for more details, please see our Cambodia legal update here), the Ministry of Labor and […]
1
Oct
2018
Cambodia Legal Update: Mandatory changes for 2019 – Seniority payments and twice monthly pay for employees
      MANDATORY CHANGES FOR 2019 – SENIORITY PAYMENTS AND TWICE MONTHLY PAY FOR EMPLOYEES Seniority payment On 11 July 2018, the Labor Law was amended by Royal Decree (“Labor Law Amendment”), particularly Articles 89, 90, 91, 94, 110, 120, and 122. One notable amendment is the elimination of the “indemnity for dismissal”, which […]
12
Sep
2018
Cambodia Legal Update: Deadline for 2019 quota and work permit applications
          DEADLINE FOR 2019 QUOTA AND WORK PERMIT APPLICATIONS   On 20 August 2018, the Ministry of Labor and Vocational Training (“MLVT”) issued notice No. 028 K.B./S.Ch.N (“Notice 028”) regarding approval requests for employing foreign employees (“Quota Approval”) and renewing work permits for 2019. According to Notice 028, employers or managers […]
31
May
2018
Cambodia Legal Update: New Solar Park Project Receives Approval from the Council of Ministers
      NEW SOLAR PARK PROJECT RECEIVES APPROVAL FROM THE COUNCIL OF MINISTERS   The Council of Ministers of Cambodia has recently approved the long-awaited project for the construction of a 60MW solar power plant. This is the first part of a 100MW project, which, according to the pre-feasibility study, proves to be not […]
31
May
2018
Cambodia Legal Update: Developments in Commercial Arbitration in Cambodia
            DEVELOPMENTS IN COMMERCIAL ARBITRATION IN CAMBODIA   Cambodia’s regulatory framework in the area of alternative dispute resolution has developed considerably. In the last few years, Cambodia has seen the first foreign arbitral award successfully enforced by the Cambodian courts and has also seen the first completion of domestic commercial […]
27
Apr
2018
Power Sector Update – April 2018
With Cambodia’s rapid economic growth and development, the country’s demand for reliable electricity supply continues to increase. This growth, combined with Cambodia’s liberal approach to foreign direct investment, provides significant opportunities for foreign investment in electricity production, transmission and distribution. This power sector update provides an overview of this sector and a discussion of the […]
27
Apr
2018
Cambodia Legal Update: Labor Law – Deadline to Apply for Renewal of Foreign Employees’ Work Permits Extended Again
      LABOR LAW – DEADLINE TO APPLY FOR RENEWAL OF FOREIGN EMPLOYEES’ WORK PERMITS EXTENDED AGAIN   Further to its Notice No. 012/18 dated 29 March 2018, the Ministry of Labor and Vocational Training (“MLVT”) issued Notice No. 016/18 dated 25 April 2018 (“Notice 016”) to further extend the deadline to apply for […]
3
Apr
2018
Cambodian Legal Update: Commercial Law – New Rules on Associations
        Cambodian Legal Update: Commercial Law – New Rules on Associations   On 7 March 2018, the Ministry of Commerce (“MOC”) issued Prakas No. 088 MOC (“Prakas 088”) regarding the filing of business association statutes. According to Prakas 088, as part of ongoing obligations after registration with the government authorities, all business […]
30
Mar
2018
Cambodia Legal Update – Labor Law – Extension of Time to Apply for Renewal of Foreign Employees’ Work Permits
      Cambodia Legal Update – Labor Law – Extension of Time to Apply for Renewal of Foreign Employees’ Work Permits   Good news for corporate entities that have not yet renewed the 2018 work permits for their foreign employees with the Ministry of Labor and Vocational Training (“MLVT”). On 29 March 2018, the […]
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