Environment Protection

Posted by & filed under News Laws And Regulations.

As a basic policy of environmental protection, Article 59 of the Constitution stipulates that the State shall protect the environment and balance of abundant natural resources and establish a precise plan of

Land

Posted by & filed under News Laws And Regulations.

Land Law was first promulgated in 1992 and was amended in August 2001 (2001 Land Law).  The 2001 Amendment to the Land Law especially aims to determine the regime of ownership for immovable

Social Securities

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“Law on Social Security Schemes for Persons Defined by the Provisions of the Labor Law” was promulgated on September 25, 2002 to establish a social security scheme composed of pension scheme,

Employment and Labor

Posted by & filed under News Laws And Regulations.

Cambodian labor relations, employment and work terms and other labor-related matters are basically regulated by the Constitution and the 1997 Labor Law. The 1997 Labor Law, which was enacted in March

Foreign Exchange

Posted by & filed under News Laws And Regulations.

The “Law on the Foreign Exchange” of September 1997 stipulates that “there shall be no restriction on foreign exchange operations” through authorized banks (Article 5) but the authorized banks shall report

Financial Sector

Posted by & filed under News Laws And Regulations.

The “Law on Banking and Financial Institutions” was enacted in 1999, aiming to serve to improve financial facilities, strengthen the base of financial institutions and make it easier for the investors to get

Taxation and Accounting

Posted by & filed under News Laws And Regulations.

The assessment of the Tax on Profit shall be made according to the taxation system of the real regime, simplified regime or estimated regime. The tax payers’ regime shall be determined according to the form

Trade and Custom

Posted by & filed under News Laws And Regulations.

In January 2000, “Prakas (Ministerial Order) on Trading Activities of Commercial Companies” was issued by the Ministry of Commerce, and both Cambodian and foreign companies, which are registered

Company

Posted by & filed under News Laws And Regulations.

The “Law Bearing upon Commercial Regulations and the Commercial Register” was first enacted in May 1995 and modified in November 1999. This law defines the meaning of “Merchant”, “Trade”, “Trading