Breaking News

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 […]
12
Oct
2017
Cambodia Legal Update: Employers required to pay the full health care contribution for their workers starting in 2018
      EMPLOYERS REQUIRED TO PAY THE FULL HEALTH CARE CONTRIBUTION FOR THEIR WORKERS STARTING IN 2018 On 26 August 2017, the Ministry of Labor and Vocational Training issued Sub-Decree No. 140 (“SD 140”) to amend Article 7 of Sub-Decree No. 01 dated 6 January 2016 (“SD 01”) regarding health care under the national […]
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 […]
27
Sep
2017
Look Out, Transfer Pricing Is Coming!
LOOK OUT, TRANSFER PRICING IS COMING! This is the first in a series of 4 Special Client Alerts aimed at giving you a heads-up on what this means for your business, and what you should do now to prepare for it! Key Takeaways Issuance of transfer pricing regulations in Cambodia is imminent Regulations are modeled […]

Legal Updates

12
Oct
2017
Cambodia Legal Update: Employers required to pay the full health care contribution for their workers starting in 2018
      EMPLOYERS REQUIRED TO PAY THE FULL HEALTH CARE CONTRIBUTION FOR THEIR WORKERS STARTING IN 2018 On 26 August 2017, the Ministry of Labor and Vocational Training issued Sub-Decree No. 140 (“SD 140”) to amend Article 7 of Sub-Decree No. 01 dated 6 January 2016 (“SD 01”) regarding health care under the national […]
7
Aug
2017
Briefing Note: Labor Compliance
PYT & Associates, a member of VDB Loi, has hosted a seminar briefing to update participants on how new labor compliance rules are impacting the private sector in Cambodia and to create awareness on how, more than ever before, businesses in Cambodia should refocus their efforts to understand current labor rules and think ahead. Future […]
12
Jun
2017
Cambodia Legal Update: MOC extends deadline for online re-registration to 31 December 2017
On 31 May 2017, the Ministry of Commerce (“MOC”) issued notice No. 2729 (“Notice 2729”), extending the deadline for existing entities to complete their online re-registration. Under Notice 2729, the deadline has been extended to 31 December 2017. This extension applies to any existing company, enterprise, branch of a foreign company, representative office, subsidiary, or […]
18
Jan
2017
Legal Update: Cambodia – Due date for filing the 2015 Annual Declaration of Commercial Enterprise
This is an update to the information we sent previously regarding the Ministry of Commerce’s (“MOC”) Annual Declaration of Commercial Enterprise (“ADCE”) filing requirements. Once the MOC introduced its online system in January 2016, it stopped accepting ADCE filings; consequently, many companies never filed their ADCE for 2015. We now understand that the MOC is […]
3
Jan
2017
Legal update Cambodia: The Ministry of Commerce begins processing liquidations of corporate entities through its online system
2016 was the year of e-government, spurred by efforts to reform the government administration. Vast changes have been seen, in particular with the Ministry of Commerce’s (“MOC”) launch of its new online registration system. Corporate entities1 must now process their corporate registrations, registrations of changes in and filings of corporate information, and corporate liquidations through […]
More Legal Updates

Tax Updates

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 […]
27
Sep
2017
Look Out, Transfer Pricing Is Coming!
LOOK OUT, TRANSFER PRICING IS COMING! This is the first in a series of 4 Special Client Alerts aimed at giving you a heads-up on what this means for your business, and what you should do now to prepare for it! Key Takeaways Issuance of transfer pricing regulations in Cambodia is imminent Regulations are modeled […]
18
Aug
2017
Cambodia Client Alert: Now it’s a hat trick of DTAs!
On 27 July 2017 representatives of the governments of Brunei and Cambodia signed Cambodia’s third Double Taxation Agreement (“DTA”). Brunei and Cambodia have good diplomatic relations, and Brunei is a significant customer for Cambodian rice exports. Perhaps this DTA will encourage additional trade and investments between the two Kingdoms. What does this DTA mean for […]
More Tax Updates
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