Breaking News

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 […]
14
Mar
2019
Cambodia Tax Alert: Additional Incentive for Qualified Investment Project
        ADDITIONAL INCENTIVE FOR QUALIFIED INVESTMENT PROJECTS   As seen recently, the Royal Government of Cambodia (“RGC”) has been making a number of improvements in the investment regime in order to attract more investors and encourage existing investors to continue and/or expand their business operations in Cambodia. To this end, on 13 […]
12
Mar
2019
Breaking news: Interest-free loans, an update
      BREAKING NEWS: INTEREST-FREE LOANS, AN UPDATE   As you are all aware, following the introduction of Prakas 986 (the transfer pricing regulations), Instruction Letter 151, which permitted interest-free loans between related parties, was withdrawn, and under Instruction 11946, such loans were required to bear interest. On 7 March 2019, at a meeting […]
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 […]
5
Feb
2019
Cambodia Client Alert: Double Taxation Agreements – Latest Developments
      DOUBLE TAXATION AGREEMENTS – LATEST DEVELOPMENTS   In December 2018, the Royal Government of Cambodia announced that Double Taxation Agreements (“DTAs”) had been signed with Vietnam and Indonesia, bringing the number of DTAs signed by Cambodia to six. It was also announced that with effect from 1 January 2019, the DTAs signed […]

Legal Updates

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 […]
More Legal Updates

Tax Updates

14
Mar
2019
Cambodia Tax Alert: Additional Incentive for Qualified Investment Project
        ADDITIONAL INCENTIVE FOR QUALIFIED INVESTMENT PROJECTS   As seen recently, the Royal Government of Cambodia (“RGC”) has been making a number of improvements in the investment regime in order to attract more investors and encourage existing investors to continue and/or expand their business operations in Cambodia. To this end, on 13 […]
12
Mar
2019
Breaking news: Interest-free loans, an update
      BREAKING NEWS: INTEREST-FREE LOANS, AN UPDATE   As you are all aware, following the introduction of Prakas 986 (the transfer pricing regulations), Instruction Letter 151, which permitted interest-free loans between related parties, was withdrawn, and under Instruction 11946, such loans were required to bear interest. On 7 March 2019, at a meeting […]
5
Feb
2019
Cambodia Client Alert: Double Taxation Agreements – Latest Developments
      DOUBLE TAXATION AGREEMENTS – LATEST DEVELOPMENTS   In December 2018, the Royal Government of Cambodia announced that Double Taxation Agreements (“DTAs”) had been signed with Vietnam and Indonesia, bringing the number of DTAs signed by Cambodia to six. It was also announced that with effect from 1 January 2019, the DTAs signed […]
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 […]
28
Jan
2019
Cambodia Client Alert – Transfer Pricing: Related Party Loans
      TRANSFER PRICING: RELATED PARTY LOANS   On 21 August 2018, the General Department of Taxation (“GDT”) issued Instruction 11946 to clarify its position with respect to the applicability of Prakas 9986 (the transfer pricing (“TP”) regulations) to interest-free loans between related parties. Since 2014, Instruction 151 had permitted loans from related parties […]
More Tax Updates
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