Laws and Regulation
General Department of Taxation Strengthens Real Estate Valuation Skills for Effective Revenue Collection
The General Department of Taxation is conducting training courses on primary real estate appraisal methods and real estate surveys, and classifying property titles to officials for the efficiency of revenue collection in the sector. HE Ken Sambath, Deputy Director-General of the General Department of Taxation, stated in the training course on "Real Estate Appraisal" on 7 May that building profe...
Read MoreDeputy Prime Minister Chea Sophara Works to Prevent Beach Violations
Deputy Prime Minister HE Chea Sophara, Minister of Land Management, Urban Planning and Construction, and Chairman of the National Committee for Coastal Management and Development has instructed the four governors of coastal provinces to jointly maintain the coastline and prevent the construction encroachments of beaches. HE Chea Sophara made the remarks at the ground-breaking ceremony for the ...
Read MoreMinistry Urges Shipping Agencies to Apply for License by July
The Ministry of Public Works and Transport has announced that all shipping agency companies have to apply for ship agent licenses by no later than 29 July 2022, before the port Electronic Data Interchange (Port EDI) system is officially launched. The ministry said in a statement dated 28 September 2021 on the procedure for licensing shipping agencies that after the announcement on the licensing...
Read MoreDenationalization Vs Nationalization of State Property
In Cambodia, the government has divided its property into two types: state public property and state private property. These two types of property can be reclassified through denationalization or nationalization. What are these two types of property? and how do denationalization and nationalization work? State public property refers to the immovable property of the state being used for publi...
Read MoreEngineers ordered not to construct or dismantle unlicensed buildings, or face fine
The Ministry of Land Management, Urban Planning and Construction has instructed engineers registered with the Board of Engineers of Cambodia not to carry out construction work at sites that do not have permits for construction, repair, or demolition from authorities. According to the announcement of the ministry dated 8 April, the implementation of construction work without permit(s) is illegal...
Read MoreEuroCham Partners with Land Ministry on Urban Planning, Construction & Real Estate
EuroCham Cambodia has entered a partnership with the Ministry of Land Management, Urban Planning and Construction (MLMUPC) to help Cambodia enhance city planning, law implementation, and the digitalisation of the construction and real estate sectors. The MoU was signed on 1 April by MLMUPC Secretary of State HE Theng Chan-Sangvar, EuroCham Cambodia Chairman Tassilo Brinzer. Under the MoU, Eu...
Read MorePM Tells Real Estate Developers in SR to Embrace Cultural Value, Not Only Profit
Prime Minister Hun Sen has told all real estate investors who wish to or are currently investing in Siem Reap to embrace the common interests and cultural values of Angkor park rather than focusing solely on profit. Said during the inauguration ceremony of 38 roads in Siem Reap on 4 April, PM Hun Sen used a Khmer proverb "Don’t grab benefit from only one tree, but instead look at the whole fore...
Read MoreLandowners in 3 villages of Banteay Srei district told to present legit doc to prove ownership
Banteay Srei district and the Department of Land Management, Urban Planning, Construction and Cadastral Affairs of Siem Reap Province have required all landowners in three villages to present their legit documents to prove ownership. According to the letter dated 17 March, the order applies to landowners in Prai, Khnar, Sanday village of Banteay Srei District, while the deadline is set for befo...
Read MoreWhat are the prohibited activities for property located adjacent to public infrastructure?
Having a building or real estate adjacent national road or major public infrastructure project comes with high economic potential. However, it also comes with responsibility which the owners must follow according to the law. What activities are prohibited by law if your construction is located near public infrastructure? Road infrastructures refer to lands along the roadsides, road construct...
Read MoreSeparate & Common Property: What are the Differences?
In the Civil Code of 2007, there is the matrimonial property regime which is divided into two systems: the contractual property system and the statutory property system. For the contractual property system, a married couple shall register a marital property agreement at the Ministry of Justice before their wedding, which makes it easier to make sales and purchase transactions or divide the asse...
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