Any profits made on the sale or transfer of a capital asset will now be taxed for capital gains in Cambodia. This tax will…
The Ministry of Health of Cambodia (“MOH”), through Announcement No. 226 dated 11 November 2020 (“Announcement No. 226”), amended the entry requirements and sponsorship…
Hungary has recently launched a consulate office in Phnom Penh with the primary intention of facilitating future trade and investment between Hungary and Cambodia….
The General Department of Taxation (“GDT”) at the Ministry of Economy and Finance (“MEF”) has issued a Notification formally delaying the implementation of the recently enacted MEF Prakas 346/20 on Capital Gain Tax,…
Do you need to hire employees from abroad in 2021? If you do, you may want to note that the deadline for application of…
On 10 September 2020, the Ministry of Labour and Vocational Training (MLVT) published the 2021 minimum wage for workers in textile, garment and footwear…
The new Law on Anti-money Laundering and Financing of Terrorism was promulgated on 27 June 2020 (“AML Law”). The AML Law takes immediate effect…
A year and a half have passed since the promulgation of the Trust Law (“Trust Law”) in Cambodia on 2 January 2019. The much-anticipated…
On 28 August 2020, the Ministry of Information (“MOI”) together with the Ministry of Commerce (“MOC”) issued a “Joint Prakas No. 0256 on Business…
The Ministry of Labour and Vocational Training (“MLVT”) on 14 August 2020 has issued Prakas 277/20 on Employing Foreign Nationals in Special Circumstances (“Prakas…
