Breaking News

27
Nov
2019
The Impact of the 2019 Construction Law On Property Development in Cambodia
In the wake of the tragic and fatal building collapse in Sihanoukville June this year, the new and hotly debated Construction Law has come into force on 2 November 2019 and is now set to become a real factor which will take into account in a wide range of investment projects in Cambodia. Highlights The […]
26
Jul
2019
Client Alert: GDT tightens the definition of zero-rated VAT export services
CLIENT ALERT: GDT TIGHTENS THE DEFINITION OF ZERO-RATED VAT EXPORT SERVICES When applying Value Added Tax (“VAT”), a key consideration is the place of delivery of the goods or services, which is often determined by reference to the place of consumption. If goods are consumed outside of the territory, then they are considered to be […]
19
Jul
2019
Cambodia Legal Update: Seniority Payments – New Regulations Bring Some Things into Clearer Focus
CAMBODIA LEGAL UPDATE: SENIORITY PAYMENTS – NEW REGULATIONS BRING SOME THINGS INTO CLEARER FOCUS As you may be aware, the Ministry of Labor and Vocational Training (“MLVT”) has issued several regulations since its introduction of an employee seniority payment for those with unlimited duration contracts (“UDCs”) (which replaced the indemnity for dismissal previously stipulated in […]
15
Jul
2019
Client Alert: Double Taxation Agreement with Hong Kong
      CLIENT ALERT: DOUBLE TAXATION AGREEMENT WITH HONG KONG   In June 2019, the Royal Government of Cambodia announced that a double taxation agreement (“DTA”) was signed with the Government of Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”), bringing the number of DTAs signed by Cambodia to […]
7
May
2019
Client Alert: Tax treatment of seniority payments clarified and VAT exemption on recruiting and training fees
      CLIENT ALERT: TAX TREATMENT OF SENIORITY PAYMENTS CLARIFIED AND VAT EXEMPTION ON RECRUITING AND TRAINING FEES   On 11 April 2019, the Ministry of Economy and Finance issued Circular 003 to confirm the tax treatment of seniority payments introduced by a 2018 amendment to the Labor Law and the issuance of Prakas […]

Legal Updates

28
Jan
2020
Cambodian Tax Implications on a Typical Power Plant Project
One of the key tax considerations points which should be kept in mind in any investment project into Cambodia is the availability of the benefits under Cambodia’s Investment incentive, specifically the tax incentives once the investment project is registered as a qualified investment project (“QIP”). Highlights Typical power plant project structure with QIP status The […]
27
Nov
2019
The Impact of the 2019 Construction Law On Property Development in Cambodia
In the wake of the tragic and fatal building collapse in Sihanoukville June this year, the new and hotly debated Construction Law has come into force on 2 November 2019 and is now set to become a real factor which will take into account in a wide range of investment projects in Cambodia. Highlights The […]
19
Jul
2019
Cambodia Legal Update: Seniority Payments – New Regulations Bring Some Things into Clearer Focus
CAMBODIA LEGAL UPDATE: SENIORITY PAYMENTS – NEW REGULATIONS BRING SOME THINGS INTO CLEARER FOCUS As you may be aware, the Ministry of Labor and Vocational Training (“MLVT”) has issued several regulations since its introduction of an employee seniority payment for those with unlimited duration contracts (“UDCs”) (which replaced the indemnity for dismissal previously stipulated in […]
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 2019. Through its ministerial […]
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 […]
More Legal Updates

Tax Updates

28
Jan
2020
Cambodian Tax Implications on a Typical Power Plant Project
One of the key tax considerations points which should be kept in mind in any investment project into Cambodia is the availability of the benefits under Cambodia’s Investment incentive, specifically the tax incentives once the investment project is registered as a qualified investment project (“QIP”). Highlights Typical power plant project structure with QIP status The […]
26
Jul
2019
Client Alert: GDT tightens the definition of zero-rated VAT export services
CLIENT ALERT: GDT TIGHTENS THE DEFINITION OF ZERO-RATED VAT EXPORT SERVICES When applying Value Added Tax (“VAT”), a key consideration is the place of delivery of the goods or services, which is often determined by reference to the place of consumption. If goods are consumed outside of the territory, then they are considered to be […]
15
Jul
2019
Client Alert: Double Taxation Agreement with Hong Kong
      CLIENT ALERT: DOUBLE TAXATION AGREEMENT WITH HONG KONG   In June 2019, the Royal Government of Cambodia announced that a double taxation agreement (“DTA”) was signed with the Government of Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”), bringing the number of DTAs signed by Cambodia to […]
7
May
2019
Client Alert: Tax treatment of seniority payments clarified and VAT exemption on recruiting and training fees
      CLIENT ALERT: TAX TREATMENT OF SENIORITY PAYMENTS CLARIFIED AND VAT EXEMPTION ON RECRUITING AND TRAINING FEES   On 11 April 2019, the Ministry of Economy and Finance issued Circular 003 to confirm the tax treatment of seniority payments introduced by a 2018 amendment to the Labor Law and the issuance of Prakas […]
30
Apr
2019
Special Client Alert: Tax Saving Opportunities
      SPECIAL CLIENT ALERT: TAX SAVING OPPORTUNITIES   The Royal Government of Cambodia has been working hard to stimulate investment and economic growth. The General Department of Taxation (“GDT”) is playing an important role in this process and many new tax regulations and procedural changes have been introduced to improve transparency and eliminate […]
More Tax Updates
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