Laws and Regulation
GDT Officially Postpones Capital Gains Tax Collection to 2024
The General Department of Taxation (GDT) has issued an official statement announcing the postpone of capital gains tax collection for another two years after receiving approval from PM Samdech Hun Sen earlier this year. The implementation of the capital gains tax will start on 1 January 2024, instead of 2022 to help boost economic growth and recovery in the context of COVID-19. The implement...
Read MoreMondulkiri Authorities Issue New Orders to Crackdown on Illegal Divided Land Plot Businesses
Mondulkiri provincial authorities have warned of severe fines and legal action against any unlicensed divided land plot businesses (Dey Lo), while they currently crack down on these businesses at their locations. The warning came after provincial authorities have found many businesses operating illegally without permits. In some cases, the developers refuse to transfer land ownership to buyers ...
Read MoreApsara Authority Strengthens Land & Construction Regulations in Angkor Park
The APSARA Authority recently hosted a training course to promote and strengthen the law and regulations enforcement regarding land and construction management in the Angkor archaeological park zone. Joined by over 100 officials and students, the training educated the participants on the construction evaluation and provided an in-depth understanding of the law enforcement on construction manage...
Read MoreLand Ministry Prohibits Construction & Demolition Work Without Permission
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has strongly prohibited all construction companies from entering into construction contracts with any owners that have not yet received a construction permit, repair permit, demolition permit and construction site opening permit from the competent authorities. According to the notification letter dated 2 March 2022, this ...
Read MorePM Orders Relevant Ministries for Request Permission Before Using Expropriation Law
Prime Minister Hun Sen has ordered the relevant authorities and ministries to ask for permission or approval before deciding to implement the Law on Expropriation, whereby the government can claim private land for public infrastructure development. PM Hun Sen made the order on 2 March during the inauguration ceremony of NR3. “The Law on Expropriation is generally enforced in cases where peop...
Read MoreLand Ministry, JICA Host Intensive Training Course on Construction Law Implementation
The Ministry of Land Management, Urban Planning and Construction (MLMUPC), in collaboration with JICA, has organised a training program for 25 officials to strengthen the implementation of the new construction law. This training course is being conducted in two phases. The initial phase took place online from 7-14 February, while the main phase is scheduled for July to September 2022. After ...
Read MoreUnderstanding Technical Requirements for Land & Property Development
According to Prakas No. 087 DNS on land development, all developers must ask permission from the competent authority before developing any land or beginning any property development project. However, besides the permit, developers also have to follow other technical requirements. Commercial land developments shall follow the following legal requirements: 1. Must allocate 25% of the total lan...
Read MoreIs Buying Off-plan Property Good Choice in Cambodia?
By Harbor Property When it comes to buying property for investment or a permanent stay, generally you will have three options: 1. Buy project with construction completed 2. Buy under-construction project and 3. Buy off-plan property. Among the above three options, buying off-plan property is the popular method for some buyers due to three main reasons. First, if you purchase off-plan prop...
Read MoreCCA to Host Online Seminar Promoting Newly Enforced Construction Inspection Regulation
The Cambodian Constructors Association (CCA) will host an online seminar on 28 February to promote the newly-enforced construction regulations. The seminar will touch upon the detailed procedures of how to apply for a construction permit and a certificate of occupancy, as well as the importance of each license. The event also aims to provide up-to-date information on the trends of the developm...
Read MoreWhat is a Split Title? What to Do After Receiving Split Titles from Developers?
Split or divided title deeds have become popular in Cambodia’s real estate market, especially for the borey or Dey Lo (divided land plot business) sector. But what exactly is a split title? How many types are there? And as a buyer, what should you do after receiving a split title from the developer? According to Prakas No.087 on Land Development, a split title refers to the division or splittin...
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