Legal and Tax Updates

On the 23 December 2016 the General Department of Taxation issued Notification 21588 which provided guidance as to the submission of the 2016 Tax on Profit return for those taxpayers who are registered in the self-assessment regime of taxation in Cambodia. Along with the 2016 Tax on Profit return most enterprises in Cambodia will also...

HEALTH MANAGEMENT OF HEALTH PROFESSION PRACTITIONERS, Royal Kram NS/RKM/1116/014 on Promulgation of the Law on the Management of Health Profession Practitioners, dated 19 November 2016 Covering all health profession practitioners (“Health Profession Practitioners”) in Cambodia, the Law on the Management of Health Profession Practitioners (“Law”) is intended to protect the health and safety of people by...

Welcome to the first DFDL tax update for the year – we wish all our clients and readers a healthy and prosperous 2017. Whilst this festive season has not seen the large amount of tax reform that was witnessed in 2015/2016 there are still a number of important updates that we would like to bring...

Prakas 1127 MEF,BrK – dated 11 October 2016 (“Prakas 1127”) was issued by the Ministry of Economy and Finance (“MEF”) to provide updated requirements for those enterprises in Cambodia that carry out multiple business activities including one or more Qualified Investment Projects (“QIP”). The date of implementation of this important update is the date of...

Procedure for trademark registration in international framework, Prakas № 368 of the Ministry of Commerce, dated 01 November 2016. This Prakas aims to implement the Madrid Protocol and procedures for trademark registration and protection in the international framework....

Instruction 18410 – dated 3 November 2016 (Instruction 18410) was issued by the General Department of Taxation (GDT) to provide guidance on the implementation on the withholding tax (WHT) obligations of the film industry and for real estate entities that operate in Cambodia....

The 2017 Law on Financial Management has yet to be formally enacted in Cambodia however its content has already been disseminated among most tax professionals and the press so with that in mind we have put together what we believe are the salient points of the draft Law on Financial Management (“the Draft Law”) for...

The purpose of Prakas No. 414, issued by the Ministry of Labour and Vocational Training (“MLVT”), is to determine the monthly minimum wage for workers in textile, garment, and footwear industry for the year 2017 to be implemented from 01 January 2017....

Following Vietnam Government’s Resolution No. 19-2016 / NQ-CP on April 28, 2016, the Ministry of Finance (“MoF”) has finally completed the draft of the TP Decree....

With the issuance last week of Circular 011, the General Department of Taxation (GDT) has taken steps to clarify what was a grey area with respect to the taxation and scope of certain allowances provided to employees and workers...