Update Type: Legal Updates

March 25, 2024

要するに、外国企業が事業を行うためにはカンボジアで事業体を登録する必要がありますが、法人である必要はありません。カンボジアの商業企業法(LCE)によると、3つの形態のいすれかを選択することができます。

March 25, 2024

Briefly, a foreign business must register an entity in Cambodia in order to carry on a business, but it is not necessary to be in the form of a company. According to the Law on Commercial Enterprise (“LCE”) of Cambodia, a foreign business may choose one of the three forms.

March 12, 2024

Following where China has been spending and investing its Belt & Road Initiative (“BRI”) capital can provide FDI clues and reveal new opportunities in recipient countries. As infrastructure builds start to yield productive user cashflows and the need for subsequent support services arises, case studies for investment potential become apparent. In this new series, we […]

March 6, 2024

Under Prakas No. 148, a certification of items and quantities of chemical substance use for the purpose other than medicine production shall be obtained before import the products to Cambodia. The process applying for this certification is a straight forward. The application shall submit the application form and fees is to be done at the Single […]

February 19, 2024

VDB Loi Cambodia has just released the latest corporate booklet on ‘Frequently Asked Questions on Corporate Registration in Cambodia’ in both English and Japanese versions. Whether you’re a startup enthusiast or a seasoned business owner, this guide is a must-have! Snag your free hard copy at our office or reach out to Pangarith Buntheth ([email protected]) […]

January 16, 2024

Siem Reap and Phnom Penh’s success as a tourist destination, as well as a fairly robust economic development, has among other things resulted in a significant boost in connectivity by air for Cambodia. Just before COVID, international arrivals amounted to more than 6 million persons per year, roughly 2 million each from ASEAN and China, […]

December 15, 2023

In February 2002, the National Assembly adopted the Law on Marks, Trade Names and Acts of Unfair Competition (“Trademark Law”), with a Sub-Decree on its implementation adopted in 2006. The Trademark Law is quite comprehensive in its scope, as it defines the registration, invalidation, and removal processes, collective marks, the licensing of marks and trade […]

September 28, 2023

The engineering, procurement, and construction (“EPC”) contract constitutes an important component when implementing a project. In this article, we will examine some practical issues related to EPC contracts in the context of cross-border M&A transactions from the perspective of Cambodian laws and practices. Highlights

August 1, 2023

In order to implement the provisions of the Investment Law dated 15 October 2021, the Royal Government of Cambodia adopted Sub-Decree No. 139 ANKr.BK (the “Sub-Decree”) on the Implementation of Investment Law dated 26 June 2023. Notable updates under the Sub-Decree are as follows:   1. New Procedure for QIP Registration In order to obtain […]

June 30, 2023

The Electricite de Cambodge (“EDC“) has shared its newest Power Development Plan with key stakeholders. We exclusively provide this link for our clients and contacts. EDC plans a radical shift towards Renewable Energy before 2030, especially more solar amounting to 3 GW solar by 2040, and a big push in biomass. No more coal and […]

June 30, 2023

Under the E-commerce Law, the Ministry of Commerce (“MOC”) and Ministry of Posts and Telecommunications (“MPTC”) are the competent authorities governing the e-commerce sector. The MOC is in charge of issuing e-commerce licenses and permits to service providers, while the MPTC regulates the technological side of the sector, such as setting security and safety procedures […]

June 5, 2023

On 16 May 2023, the new Law on Public Procurement (“New PPL”) was promulgated by Royal Kram No. NS/RKM/0112/005 to regulate the rules, methods, procedures, and structures for the management and implementation of all public procurement. The new law abrogates the Law on Public Procurement promulgated by Royal Kram No. NS/RKM/0112/004 dated 14 January 2012 […]

May 19, 2023

This article addresses a possible misunderstanding of Cambodia’s Transfer Pricing (“TP”) regulations as set out in Prakas 986 on Rules and Procedures for Division of Income and Expense between Related Parties (“the Prakas”).

May 3, 2023

On 6 March 2023, the Royal Government of the Kingdom of Cambodia issued a Sub-Decree on the Requirements and Procedures for Business Combinations (the “Sub-Decree”), which will be enforced in six months. Its enactment is part of the government’s efforts to improve and strengthen the enforcement of the Competition Law. The aim of the Sub-Decree […]

March 30, 2023

Regional power trades are on the rise in South East Asia. Historically, Laos is a major exporter of mostly hydropower in the region, reaching nearly 2 billion US$ in 2022 to Thailand, Vietnam and Cambodia. And the exported amount keeps growing. For example, Laos and Vietnam have signed another 3000 to 5000 MW of power […]

March 2, 2023

On 5 October 2021, the Royal Government of Cambodia issued the Law on Competition (“Competition Law”) with the aim to provide a more fair and harmonized business environment. Subsequently, on 17 February 2022, Sub-Decree 37 was issued to form the Cambodia Competition Committee (“CCC”) as the authority to enforce implementation of the Competition Law. Furthering […]

February 2, 2023

Overview Seeing rapid improvement in the real estate sector in Cambodia and with the creation of the new Real Estate and Pawnshop Business Regulator of Cambodia, the Non-Banking Financial Services Authority (“NBFSA”) issued Prakas No. 064 on Real Estate Service Businesses (“Prakas 064”) on 27 December 2022 to update and replace the current regulation Prakas […]

September 1, 2022

As per the Constitution of Cambodia, the Investment Law, and the Land Law, foreigners (including foreign-owned entity) are restricted to own land in Cambodia. The land ownership rights are reserved only for Cambodian individuals or entities. Thus, prior to the implementation of the 2019 Trust Law in Cambodia, as the structural options to use land […]

May 16, 2022

As noted in the IPCC Report “Climate Change 2022. Impacts, Adaptation and Vulnerability”, “overall adverse economic impacts attributable to climate change, including slow-onset and extreme weather events, have been increasingly identified.” The report further notes that there are multiple opportunities for targeted investments and finance to protect against exposure to climate hazards, particularly for those […]

May 11, 2022

Scope of registration  On 1 April 2022, the Ministry of Commerce (“MOC”) and the Ministry of Posts and Telecommunications (“MPTC”) issued joint Notification No. 0873 requiring  all companies registered in Cambodia to use the national domain name level 2, type “.com.kh”. Specifically, the notification requires companies registered in Cambodia to: Register a national domain name […]