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ខ្មែរ Laws and Regulation
Gov’t Initiates Two Measures in Siem Reap to Propel Tourism Growth in 2024
- 15 November 2023
In a groundbreaking move to fortify the tourism sector, Prime Minister Hun Manet unveiled pivotal measures at the 19th "Royal Government-Private Sector" forum on 13 November 2023, geared towards propelling Siem Reap's tourism to unprecedented heights in 2024. PM Hun Manet's visionary announcement included a comprehensive study on transforming Phnom Kulen in Siem Reap into a natural tourism have...
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PM Unlocks Opportunities: Foreigners Granted 50-Year Leasing Rights for Real Estate in Cambodia
- 14 November 2023
In a significant announcement at the 19th "Royal Government-Private Sector" forum on 13 November, PM Samdech Hun Manet unveiled a groundbreaking initiative granting foreigners the legal right to long-term leases for real estate in Cambodia, extending up to an impressive 50 years. This landmark decision comes at a time when foreign ownership of land remains restricted in the country. During the ...
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PM: To Spur Economic Activity, Unused Land with Size More Than 5 Hectares is Subject to Tax
- 13 November 2023
Prime Minister Samdech Hun Manet revealed a groundbreaking tax reform concerning unused land in Cambodia. The prime focus of this reform is to impose taxes on idle lands exceeding 5 hectares, while lands below this threshold will enjoy exemption. The pivotal announcement was made at the 19th "Royal Government-Private Sector" forum on 13 November 2023. PM Samdech Hun Manet emphasised that the un...
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Minister of MME Champions Sustainable Practices in Issuing Mining Licenses
- 11 November 2023
The Ministry of Mines and Energy has declared its commitment to prioritising environmental conservation principles before issuing mining licenses to private companies. During a recent meeting with stakeholders in the mining sector, HE Keo Rattanak, the Minister of Mines and Energy, emphasised the ministry's stand to strike a delicate balance between conservation efforts and industrial development....
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Deciphering Property Rights: Private vs. State Ownership Explained
- 4 November 2023
In any nation, the right to own and enjoy property is a fundamental cornerstone of society. Understanding the distinction between "Private Property" and "State Property" is pivotal in ensuring the harmony and well-being of a country's citizens. Private Property encompasses both tangible and intangible assets owned by individuals or groups, secured by legally recognized title deeds, and subject ...
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Gov’t Unlocks 639 Hectares of Prime Land in Stung Hav for Private Investment
- 29 October 2023
Cambodia's government has unveiled an ambitious plan to transform 639 hectares of pristine state-owned land in Tumnup Rolok commune, Stung Hav district, Preah Sihanouk province into a hub of commercial and service excellence. This strategic development initiative, outlined in Sub-Decree No. 137 issued on 23 June 2023, marks a significant step towards fostering private investment in the region's bu...
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Gov’t Unveils 15 Land & Construction Policies for Advancing Urban Development
- 10 October 2023
In an effort to bolster urban planning and construction in Cambodia during its seventh mandate, the Ministry of Land Management, Urban Planning, and Construction has introduced 15 pivotal policy priorities. His Excellency Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, unveiled these policies during a recent meeting with ministry civil servants ...
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Uncertainty Surrounds Implementation Timeline for 20% Capital Gains Tax in Cambodia
- 2 October 2023
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 further elaborated that in light of the new government...
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Cambodia Prepares Groundbreaking Legislation to Foster Public-Private Ventures
- 29 September 2023
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 2023. H...
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Cambodian Gov’t Extends Property Tax Relief: Fines & Penalties Waived Until End of 2023
- 28 September 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 or declared their taxes, or for those ...
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