Breaking News

22
Jun
2018
Cambodia Tax Alert: Transfer Pricing – Important New Developments!
      TRANSFER PRICING: IMPORTANT NEW DEVELOPMENTS!   VDB Loi have recently had the opportunity to meet senior members of the GDT’s Transfer Pricing team to discuss and clarify certain issues that are not clearly addressed in the new Transfer Pricing (“TP”) regulations. These issues, and the GDT’s current thinking on them, are as […]
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 to be financed by the Asian Development Bank (“ADB”), which, […]
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
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 […]

Legal Updates

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 to be financed by the Asian Development Bank (“ADB”), which, […]
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 […]
More Legal Updates

Tax Updates

22
Jun
2018
Cambodia Tax Alert: Transfer Pricing – Important New Developments!
      TRANSFER PRICING: IMPORTANT NEW DEVELOPMENTS!   VDB Loi have recently had the opportunity to meet senior members of the GDT’s Transfer Pricing team to discuss and clarify certain issues that are not clearly addressed in the new Transfer Pricing (“TP”) regulations. These issues, and the GDT’s current thinking on them, are as […]
24
Jan
2018
Cambodia Tax Alert: DTAs with Singapore and Thailand now in effect
      DTAS WITH SINGAPORE AND THAILAND NOW IN EFFECT   Last week the General Department of Taxation (“GDT”) issued a press release to confirm that the Double Taxation Agreements (“DTAs”) signed in 2016 and 2017 between Cambodia and Singapore, and Cambodia and Thailand, respectively, became effective 1 January 2018, following the issuance of […]
18
Oct
2017
Special Client Alert: Transfer Pricing Part 3
      TRANSFER PRICING PART 3 In our third Special Client Alert on Transfer Pricing, we look at the process of selecting the most appropriate transfer pricing method, and discuss what documentation you will need to have.   Key Takeaways If you have transactions with a related party (parent or sister company) you will […]
12
Oct
2017
Cambodia Tax Alert: Changes in Public Lighting Tax and clarification on tax incentives for SMEs
      CHANGES IN PUBLIC LIGHTING TAX AND CLARIFICATION ON TAX INCENTIVES FOR SMES Public Lighting Tax changes On 9 October 2017, the Ministry of Economy and Finance (“MOEF”) issued Prakas No. 976.MEF.Prk, a new Prakas on Public Lighting Tax (“PLT”) that supersedes the previous Prakas on PLT. PLT applies on the supply of […]
10
Oct
2017
Special Client Alert: Transfer Pricing Part 2
      TRANSFER PRICING PART 2 In this, our second Special Client Alert on Transfer Pricing, we review the five methods acceptable under the OECD Guidelines for determining the arm’s length price of related party transactions.   Key Takeaways There are 5 acceptable transfer pricing methods under the OECD Guidelines 3 traditional transaction methods […]
More Tax Updates
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