Laws and Regulation
New Government Regulations Set Property Tax Procedures & Rates
The Ministry of Economy and Finance has announced new regulations governing the management of property tax collection in Cambodia, setting a fixed rate of 10% of total real estate rental fees. This proclamation is outlined in Prakas No. 169 MEF.PrK.PD dated 20 March 2024, aims to streamline property tax procedures and ensure fair taxation across […]
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Cambodia Pioneers Digital Education with Launch of First Digital University in Kampong Speu Province
The Cambodian government has taken a significant step towards advancing digital education by issuing a sub-decree to establish the country’s inaugural digital university in Kampong Speu province. Sub-Decree No. 60, signed by Prime Minister Hun Manet on 22 March 2024, heralds the establishment of the Digital University of Cambodia (DUC), a pioneering private higher education […]
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PM Issues Directive on Dormant Tourism Projects to be Revoked Licenses If Remain Inactive for 6 Months
Prime Minister Hun Manet made a significant announcement regarding the status of small-scale tourism projects in Cambodia by emphasising the necessity of reviewing and potentially revoking licenses for projects that have remained inactive for six months after obtaining approval. This directive was announced during a recent plenary session of the Council of Ministers on 15 […]
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NRPC Issues Warning Against Purchasing Plots in Four Unlicensed Projects
The National Real Estate and Mortgage Regulator (NRPC) has issued a cautionary notice advising residents to exercise caution when engaging in the sale, purchase, or lease of land in four unlicensed projects located in Prey Veng and Kandal provinces. The announcement was made by the regulator on 11 March 2024. The unlicensed land development projects, […]
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Gov’t Launches Stringent Crackdown on Illicit Gold Mining Operations in Mondulkiri Province
In a decisive move to curb illicit gold mining activities, the Ministry of Mines and Energy (MME) has initiated a rigorous campaign targeting unruly operations in Me Sam, Chong Plas commune, Keo Seima district, Mondulkiri province, according to the ministry’s press release dated 2 March 2024. This renewed crackdown comes as a response to the […]
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The Gov’t Greenlights New Legislation to Propel Waterway Investments
The Office of the Council of Ministers has given its approval to a draft law on waterway transport comprising of 18 chapters and 275 articles, marking a significant stride towards enhancing waterway investment and port management in Cambodia. This development was announced in a press release dated February 2, 2024. The primary objective of this […]
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Gov’t Launches Special Task Force for Tonle Sap Land Registration to Safeguard Natural Heritage
In a decisive move to protect the invaluable natural resources of the Tonle Sap region, the Cambodian government has issued Decision No. 37, dated 6 February 2024, to establish a dedicated commission for land registration. Recognizing the critical importance of preserving these resources for national identity and the prosperity of future generations, the government aims […]
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Gov’t Unveils Special Program to Revitalise Stalled Real Estate Projects in Sihanoukville
In a bid to invigorate economic growth and industrial development, the Cambodian government, led by Prime Minister Samdech Hun Manet, officially inaugurated an ambitious special program to promote investment in Sihanoukville on 31 January 2024. The initiative introduces a comprehensive set of measures designed to facilitate and incentivize three distinct categories of investment in the […]
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Gov’t Unveils Five New Features in IT Nursery System
The Cambodian government has introduced five new functionalities to the Information Technology Nursery Business Registration System. This landmark decision, announced through a joint press release on 15 January 2024, aims to streamline online company registration processes and foster a more efficient business environment. Effective from 15 January 2024, the five new functions integrated into the […]
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MLMUPC Mandates Licensed Engineers for Project Approvals
In a bid to reinforce the standards of construction projects across Cambodia, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) issued a crucial announcement on 11 January 2024. According to Article 15 and Article 32 of the Law on Construction, the MLMUPC asserts that all design projects utilised for construction or demolition purposes […]
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