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ខ្មែរ Laws and Regulation
Let’s Find Out! EP 47: Does renovating an existing property require a permit?
- 8 October 2020
<div class="youtube"> https://www.youtube.com/watch?v=nuPlpOOxc4I&t=27s </div> Before starting any construction project, the project owner must first apply for a construction permit from different authorities depending on the type and size of the project. But what about renovating or reconstructing an existing building? Is the owner required to file a request for a permit? ...
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Q&A: New Capital Gains Tax & the Impacts on the Cambodian Real Estate Sector
- 6 October 2020
After the Department of General Taxation (GDT) announced that all capital gains, including the profit gained from selling real estate, are subject to a 20% tax after 01 January 2022, there have been doubts regarding how exactly the new tax will be implemented. One of the leading law firms in Cambodia DFDL and renowned real estate agent CBRE Cambodia organised a seminar on 30 September to clarif...
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Sihanouk Provincial Hall Mulls Giving Land to 53 Koh Rong & Koh Rong Samloem Families
- 2 October 2020
Sihanoukville Provincial Administration is working on the possibility of giving to land to 53 families who have proof of occupying land in Sangkat Koh Rong and Sangkat Koh Rong Samloem Province, according to the administration’s announcement on 19 September. The announcement stated that those 53 families are required to submit the proof or related documents before 16 October 2020; otherwise, th...
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Let’s Find Out! EP 46: The Process of Title Conveyance for Land with Soft and Hard Title
- 1 October 2020
<div class="youtube"> https://www.youtube.com/watch?v=zHLruXDqP8A </div> Transferring ownership is the basic yet necessary procedure after purchasing or selling any real estate. How to legally perform title transfer? What are the essential steps? What are the similarities and differences between soft title and hard title when transferring? Subscribe to the Construction &...
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Does renovating an existing property require a permit?
- 29 September 2020
Before starting any construction project, the project owner must first apply for a construction permit from different authorities depending on the type and size of the project. What about renovate or reconstruct an existing building, does the owner require to ask for a permit? Construction Law in 2019 stated that all renovating or restoring project is required to ask for a permit from the relev...
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Construction & Property Weekly Video News (26 September 2020)
- 28 September 2020
This week content (26 September 2020): #1. HLH Group Acquiring 1.2-Hectare Plot in Toul Kork for New Mixed-Use Development [Click] #2. Construction of Kampot International Tourism Seaport Delayed [Click] #3. Kampot Studying Centralized Administrative Area and New Stadium Project [Click] #4. Singapore Mulls Investing in Phnom Penh SuperPort [Click] #5. Thailand Transforming 72 Prison...
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Government Extends Property Tax Payment Deadline to 31 October
- 26 September 2020
The Cambodian government has decided to extend the property tax payment deadline to 31 October 2020, according to an official notice from the General Department of Taxation (GDT)’s on 25 September. The deadline was originally set for 30 September. However, since many property owners have yet to pay their tax, the GDT decided to extend the deadline to October. The notice also stated that thos...
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Let’s Find Out! EP 45: The differences between real estate evaluation and estate service business
- 25 September 2020
<div class="youtube"> https://www.youtube.com/watch?v=nYrLL5C6T8Q&t=17s </div> By law, all businesses in Cambodia must be registered and pay taxes. Similarly, businesses providing real estate evaluation service and real estate services also need licenses. What are the differences between the two types of businesses, and what are the legal procedures to open these business...
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Cambodia Constructors Association Urges Government to Cut Construction Permit Red Tape
- 23 September 2020
The Cambodia Constructors Association (CCA) and private firms in the construction and real estate sector have urged the government to cut some of the complicated and unnecessary procedures when applying for construction permits to attract new investors and ease the business environment in Cambodia. The proposal was made during a meeting between the Ministry of Economy and Finance (MEF) with the...
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The Process of Title Conveyance for Land with Soft and Hard Title
- 16 September 2020
Transferring ownership is the basic yet necessary procedure after purchasing or selling any real estate. To avoid dispute, both the seller and the buyer are required to know the procedure. How to legally perform title transfer? What are the essential steps? What are the similarities and differences between soft title and hard title when transferring? Title conveyance is made with legal docum...
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