Laws and Regulation
Koh Kong Authorities Greenlight Another Sand Mining Business in Kiri Sakor District
The Koh Kong provincial administration has granted a permit to KNPG Investment Co., Ltd to operate a sand mining business in Preaek Khsach commune in Kiri Sakor district. However, the firm must follow a set of guidelines, according to an official meeting on 13 May. The meeting mainly discussed the social and environmental impact of […]
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Understanding Each Owner’s Rights on Undivided Property
When buying a plot of land or a house together with friends or multiple shareholders, each co-owner has a right to that property based on the number of shares. However, the rights are limited under uncertain conditions, especially when it comes to selling the property or selling your shares. According to the 2001 Land Law […]
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Mondulkiri Landowners Instructed to Build Fence or Path Around Lands to Prevent Encroachment
Mondolkiri Provincial Governor Svay Sam Eang has instructed all concessional landowners or companies to build paths or fences around their investment lands to prevent illegal encroachment and unexpected disputes. HE Sam Eang made the statement during a site inspection of the Pacific York Stock Company Limited encroachment case on 9 May. “Marking borders in form […]
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Unlicensed Construction Sites Reduced by 7.7% After Construction Law Enforced
The construction sector in Cambodia has seen further regulation since the new construction law was implemented in 2019. One positive result has been that the number of unlicensed construction sites nationwide dropped by over 7.7% from 2019 to the end of 2020. This data was presented during an online meeting between the Minister of Land […]
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How Can Foreigners Buy Land in Cambodia?
The 1993 Cambodian Constitution states that only persons or legal entities of Khmer nationality have the right to own land. However, this law does not prohibit foreigners from investing in land in Cambodia. So, how can foreigners buy land in Cambodia? 1) Through Khmer National Nominee This method allows a foreigner to buy land by […]
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Poipet Casinos Ordered Closed as Community Outbreak Surges
The Banteay Meanchey Provincial Administration has ordered the temporary closure of all casinos in Poipet as more COVID-19 positive cases are found in the province, according to an official announcement on 27 April. There were 171 cases of COVID-19 reported in the province on Tuesday, prompting authorities to issue the temporary closure notice. According to […]
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Understanding Six Types of Property Ownerships in Cambodia
For most people, property ownership might only refer to public or state ownership. However, according to the Land Law and the Civil Code, ownership of immovable property is divided into six categories. 1) Private Ownership This type is the most common that all legal immovable property owners possess. It shows that the property is privately […]
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Comparing Two Types of Real Estate Business Licenses in Cambodia
All development business for condominiums, land lots, office buildings, malls and residences for the purpose of selling or long-term leasing must be licensed by the Ministry or permitted by the Provincial-Municipal Department. All real estate development businesses are divided into three categories: 1) residential development building apartments and villas for sale, 2) co-ownership building business […]
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Gov’t to Collect VAT on Online Business
The Generation Department of Taxation (GDT) announced on 13 April that it will begin to collect value-added tax (VAT) on all online businesses soon, while the detailed procedures are set to be announced later. This announcement is made following the new sub-decree issued on April 8, which states that the tax will be applied to […]
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Understanding Four Major Property-Related Taxes in Cambodia
In Cambodia, all real estate transactions are taxable. The four major property-related taxes as follows: Property Transfer Tax or Stamp Duty Tax (4%) A tax rate of 4% applies to all transfers of property. This tax is often paid by buyers, but it can be negotiable depending on their contracts. Taxpayers must pay the tax […]
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