Laws and Regulation
Phnom Penh Records Over US$320m Tax Revenue in 2022, Property Tax Contributes Over US$26m
The total tax revenue in Phnom Penh exceeded expectations, reaching over 1,298 trillion Riels, equivalent to more than US$320 million, or 115.46% of the plan, according to the 2022 annual report on the performance of the Phnom Penh Capital Administration. The report also revealed that property tax contributed significantly to the total revenue, with 108.83 billion Riels, equivalent to more tha...
Read MorePhnom Penh Approves Over 1,000 Construction Projects Valued at US$600m in 2022
According to the 2022 annual report on the performance of the Phnom Penh Capital Administration, more than 1,000 construction projects worth a total of US$600m were approved in Phnom Penh in 2022. The report stated that 1,139 construction projects were granted permits, covering a total area of 1,215,988 square metres. The number of approved projects increased by 8.47% compared to the previous ...
Read MorePhnom Penh Municipal Authority Registers Over 10k Land Titles in 2022
The Phnom Penh Municipal Authority has reported a significant increase in land title registration in 2022. According to the 2022 annual report on the performance of the Phnom Penh Capital Administration, the authorities registered 32,123 plots of land and distributed 16,511 title deeds. The report further revealed that the land registration process resulted in the issuance of 6,006 transferred...
Read MorePursat Authorities Issues Over 100k Land Titles in Past Five Years
Pursat province has made significant progress in land registration and distribution in the past five years, with over 200,000 land titles distributed to the people province-wide. This was announced during the "Success in the Past Five Years" press conference held by the Pursat Provincial Administration on 7 March 2023. According to the provincial authorities, 107,828 plots have been systematica...
Read MoreGov’t Plans Putting More Ferries from Koh Norea to Chroy Changvar to Facilitate Traffic
The Phnom Penh Municipal Administration has announced plans to ease traffic congestion caused by the construction of the Monivong flyover. The Department of Public Works and Transport has been assigned to study the installation of additional ferries from Koh Norea to Koh Pich, providing an alternative travel route to the Chroy Changvar area. This measure is aimed at reducing the traffic load...
Read MoreTakeo Authorities Issue Over 600K Land Titles by 2022
Takeo province has made significant progress in land management and registration, with authorities announcing that a total of 645,687 land titles have been systematically registered for people in 84 communes as of 2022. This was confirmed by HE Ouch Phea, Governor of Takeo Province, on 2 March. According to the governor, the provincial administration has issued a total of 165,220 title deeds to...
Read MoreCambodia Issues Short-Term Transit Visas to Tourists Visiting Cambodia by Cruise Ship
The Royal Government of Cambodia has announced that it will offer short-term transit visas to tourists visiting the country on a cruise ship. The new policy, effective from 1 March 2023, allows international tourists to apply for a transit visa type D for a five-day stay. According to the Ministry of Tourism, transit visas (D) are issued to non-immigrant foreigners who are transit passengers, d...
Read MoreEducational Institutions Nationwide Will Get Revenue Tax Exemption for Five Years
The Royal Government of Cambodia has recently declared a tax exemption for public and private educational institutions nationwide. According to an announcement from the Office of the Council of Ministers on 27 February 2023, these institutions will be granted a five-year tax relief from 2024 until the end of 2028. The exemption applies to income tax, minimum tax, value-added tax, and withholding t...
Read MoreADB advises Cambodia to improve property tax collection
The Asian Development Bank (ADB) has held a workshop to share knowledge and expertise on property tax management as the collection of this type of tax in Cambodia is still limited. Held on 23-24 February, the workshop aims to help strengthen property tax collection and boost revenue at the sub-national level. The workshop shared the results of a detailed appraisal study with policies and rec...
Read MoreRussey Keo flyover to open for traffic in March
The Russey Keo flyover is set to open for traffic from 1 March onwards as the construction is reaching 100% completion, according to the announcement of the Phnom Penh Capital Administration on 24 February. This Russey Keo flyover project is 483m long and 15.8m wide. Built by the Overseas Cambodian Investment Company (OCIC), the construction began on 31 January. (Read more)
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