Laws and Regulation
Uncertainty Surrounds Implementation Timeline for 20% Capital Gains Tax in Cambodia
Cambodian Prime Minister, Samdech Hun Manet, has affirmed that the government has yet to establish a definitive timeline for the implementation or adjustment of the capital gains tax in 2024. This revelation, as conveyed by PM Hun Manet on 27 September 2023, has brought some respite for those monitoring this fiscal development. PM Hun Manet […]
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Cambodia Prepares Groundbreaking Legislation to Foster Public-Private Ventures
The Ministry of Economy and Finance is actively crafting a new law pertaining to the management of public enterprises and state-owned entities. This legislation encompasses a wide spectrum of business endeavours and public-private investments, marking a pivotal step in Cambodia’s economic evolution. The ministry unveiled the initiative during a consultation workshop held on 21 September […]
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Cambodian Gov’t Extends Property Tax Relief: Fines & Penalties Waived Until End of 2023
In a proactive measure to support property owners facing tax-related challenges, the Ministry of Economy and Finance has taken a decisive step. They have announced the waiver of administrative sanctions, which include additional taxes and interest, on property taxes and unused land taxes. This vital decision applies to all those who have not yet registered […]
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Kratie Provincial Authorities Issue Warning Against Unauthorised Land Encroachment
Kratie provincial authorities have issued a stern warning to residents who have encroached upon Tuol Takin security land in Bos Leav commune, Chit Borei district. The warning comes with a deadline of the end of September, after which legal action will be pursued against those in violation, according to an official announcement by the provincial […]
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Gov’t Extends Property Tax Payment Deadline to 31 October to Boost Compliance
The General Department of Taxation has announced an extension of the property tax payment deadline for 2023. Originally set for 30 September 2023, property owners will now have until 31 October 2023, to fulfil their tax declarations without incurring administrative penalties for late submission. The official announcement, made on 26 September 2023, reflects the government’s […]
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Gov’t Greenlights Fee Increases for Airline Services
The Cambodian government has issued a notification sanctioning the SCA Airport Concession Company to revise airfare and related airline service charges for a five-year period, commencing from 1 September 2023 to 1 September 2028. This pivotal decision aims to enhance the quality of passenger services and aviation facilities provided by the SCA concession firm, which […]
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Gov’t Exchanges Over 37ha of Kandal State Land for US$45M Infrastructure Development
The Cambodian government has taken a decisive step towards advancing infrastructure development by trading 37,569 hectares of state-owned land in Koh Thom district, Lerk Dek district, and Sompov Poun town. This transaction, valued at US$45 million, involves the construction of crucial road networks, bridges, and administrative buildings, as per an official letter issued by Secretary-General […]
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Kampong Cham Authorities Put a Halt to Land Transactions in Mekong Area for Sustainable Agriculture
The provincial authorities of Kampong Cham have taken a decisive step to safeguard the pristine beauty of Prang Ta Sok, an area nestled in the heart of Taing Kork village, Taing Krasang commune, Batheay district, Kampong Cham province. In a move signifying their commitment to conservation, the authorities have officially suspended the purchase, sale, and […]
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Gov’t to Revolutionise Property Ownership Transfer: Just 5 Minutes Needed
In a groundbreaking move aimed at streamlining the process of transferring property ownership from parents to children, the Cambodian government is set to unveil a revolutionary procedure that promises to complete the task in just five minutes. The announcement was made by HE Sar Sokha, Minister of Interior, on 5 September 2023. The minister is […]
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Gov’t Bans Fishing & Docking Near Submarine Power Lines
The Preah Sihanouk Provincial Administration has instituted a significant measure prohibiting fishing and docking activities at specific locations along the submarine power lines concealed beneath the seabed in Sihanoukville and Koh Kong provinces effective from 16 August 2023. This regulatory action, born out of a proactive stance towards safeguarding the country’s maritime assets, has far-reaching […]
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