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MEF’s announcement to buyer of real properties
On May 03 2019, the Ministry of Economy and Finance (“MEF”) has issued an announcement on essential information of land lot and residence sale-purchase with an aim to facilitate... Read More
Signature Delegation from Municipal/Provincial Department of Labour and Vocational Training to Municipal/Provincial Governor
In early February 2019, under Regulation No. 045/19, the Ministry of Labour and Vocational Training has changed signature authority from Municipal/Provincial Department of Labour and Vocational Training to Municipal/Provincial... Read More
Tax Base to Calculate the Stamp Duty Tax for the Transfer of Ownership or Right of Possession of Immovable Property
On 22 March 2019, the Ministry of Economy and Finance (“MEF”) issued the new Prakas on the tax base to calculate the stamp duty tax on the transfer of... Read More
Back Pay of Seniority Suspended Until 2021
Pursuant to Prakas No. 443 of Ministry of Labour and Vocational Training (“MLVT”) on Seniority Payment dated 21 September 2018, all employees, under the unlimited duration contract (“UDC”), are... Read More
The Use of Khmer Riel in Tax Invoice
Following the article 77, article 78 and article 98 of Law on taxation, and the regulation on Value Added Tax (VAT) along with the Instruction No. 1127 dated January... Read More
Trust Law in Cambodia
For the past two decades, Cambodia has experienced rapid economic growth. Broad access to global markets and an economic policy, especially the increasing of the inflow in finance and... Read More