Legal Updates

On 4 March 2025, the Ministry of Labour and Vocational Training issued Prakas No. 073/25 on the Procedures for the Resolution of Individual Labour Disputes to set out new procedures governing individual dispute resolution, as well as Prakas No. 074/25 on the Procedures for Resolution of Collective Labour Disputes to set out new procedures governing collective dispute resolution.

In the following Updates, we highlight some of the key features of these Prakas.

On 4 March 2025, the Ministry of Labour and Vocational Training issued Prakas No. 073/25 on the Procedures for the Resolution of Individual Labour Disputes to set out new procedures governing individual dispute resolution, as well as Prakas No. 074/25 on the Procedures for Resolution of Collective Labour Disputes to set out new procedures governing collective dispute resolution.

In the following Updates, we highlight some of the key features of these Prakas.

On 10 March 2025, the Non-Bank Financial Services Authority issued a new Prakas No. 022 on Consumer Protection in Insurance Services (“Prakas 022”). Prakas 022 aims to safeguard the rights and interests of consumers of insurance services and to enhance trust between consumers and insurance institutions, including general insurance companies, life insurance companies, micro-insurance companies and insurance intermediaries.

This Update sets out a high-level summary of the key requirements outlined under Prakas 022.

On 12 March 2025, the Ministry of Economy and Finance issued a new Prakas No. 192 on Rules and Procedures of Taxation on Trust. This Prakas applies to trustors, trustees, and beneficiaries who are resident taxpayers or non-resident taxpayers that are involved in the operation of trusts established in Cambodia, with the exception of trust structures with the legal form of a company or an enterprise.

This Update sets out a high-level summary of the key requirements outlined under this Prakas.

On 11 March 2025, the Non-Bank Financial Services Authority issued a new Prakas No. 026 on the Requirements on Financial Soundness of Trust Companies. This Prakas sets out the requirements and procedures for the examination of financial soundness of licensed trust companies in the Kingdom of Cambodia.

This Update sets out a high-level summary of the key requirements outlined under this Prakas, including the financial requirements, reporting requirements, urgent corrective measures and sanctions.

On 20 January 2025, the Non-Bank Financial Services Authority issued Prakas No. 003 NBFSA/PrK on the Public Offering of Equity Securities of Holding Company. The Prakas establishes the requirements and procedure for the public offering of equity securities by a holding company as well as its obligations following the offering.

In this Update, we highlight some of the key features of the Prakas.

On 17 December 2024, the Commercial Gambling Management Commission of Cambodia (“CGMC”) issued Notification No. 001 on the Setting Up of CGMC Office Based in Casino Premises (“Notification”).

As the new year starts, this Update provides you a reminder of the key regulatory compliance requirements for the year of 2025 that would affect your company.

As a prominent alternative dispute resolution mechanism, arbitration plays a pivotal role in resolving commercial disputes. In Cambodia, the National Commercial Arbitration Centre (“NCAC”) was established as the first commercial arbitral institution aiming to provide comprehensive procedural rules for resolving commercial disputes through arbitration.

On 4 December 2024, the Ministry of Interior issued Circular No. 072 on Banning the Advertisement of Illegal Gambling to ban the propagation of all types of illegal gambling, both in person and online. Circular No. 072 aims to enhance law enforcement and ensure public order, security, and social safety by prohibiting activities related to illegal gambling content

The Ministry of Economy and Finance issued Notification no. ‎020‎ on the Stamp Duty Tax Exemption and Relief on the Transfer of Ownership or Possessory Rights of Real Estate for First-Time Home Buyers dated 31 December 2024 (“Notification no. 020”).

On 26 December 2024, the National Bank of Cambodia issued Prakas No. B7-024-735 on Transactions Related to Cryptoassets.

On 22 November 2024, the Non-Banking Financial Services Authority issued a Decision No. 017 FSA.SSR on Procedures and Mechanisms for Resolving Disputes or Complaints by Social Security Regulator (“Decision”).

On 29 November 2024, the Royal Government of Cambodia issued Decision No. 230 on the Determination of Priority Sectors for Public-Private Partnership Projects 2025-2030 (“Decision”).

The Ministry of Economy and Finance issued Instruction no. 009 on Tax Allowance on Withholding Tax and Specific Tax for Airline Companies dated 7 June 2024 (“Instruction no. 009”).

On 10 October 2024, the Ministry of Economy and Finance issued Prakas No. 626 on Tax Incentives for Enterprises in the Tourism Sector that operate in Siem Reap province (“Prakas no. 626”).

The Ministry of Economy and Finance issued Notification No. 014 on the Continuation and Expansion of Tax Incentives for the Real Estate Sector dated 9 October 2024 (“Notification no. 014”).

The Ministry of Labour and Vocational Training issued Notification No. 026/24 dated 11 September 2024, informing the owners or directors of companies employing foreign employees to apply for the foreign quota for the year 2025 between 1 September 2024 and 30 November 2024

On 6 August 2024, the Insurance Regulator of Cambodia (“IRC”) issued Guideline No. 041 on Reinsurance Diversification (“Guideline”), aiming to ensure the safety and effectiveness of risk management and risk prevention for insurers.

On 12 July 2024, the Non-Bank Financial Service Authority (“NBFSA”) issued Prakas No. 044 on Rules and Guidelines on Reinsurance (“Prakas”), aiming to ensure the safety and effectiveness of risk management and risk prevention for insurers.

On 6 August 2024, the Ministry of Information issued Prakas No. 085 Br.K.P.M on the Implementation of Charter for Professional Journalism, which came into force on the same date.

On 23 July 2024, the Ministry of Information issued Prakas No. 084 on Determination of Formalities, Procedures, and Rules on the Management of Advertisement of Alcoholic Products.

On 16 July 2024, the Royal Government of Cambodia issued Sub-Decree No. 160 on the Establishment of a Special Unit on Tax Audit under the General Department of Taxation of the Ministry of Economy and Finance.

Alternative dispute resolution (ADR) has become an important way to resolve various types of disputes outside of the court system in Cambodia.

On 12 April 2024, the Ministry of Commerce issued Prakas No.95 on Unfair Practices in Business in Relation to Advertisements and Sale Promotions. It aims to define some unfair practices that are not stipulated in the Law on Consumer Protection dated 2 November 2019 and to protect the rights and interests of consumers.

On 3 January 2024, the Non-Banking Financial Services Authority issued Prakas No. 002 on Formalities and Procedure of Administrative Sanction and Penalties in Trust Sector

On 15 January 2024, the Non-Banking Financial Services Authority issued Prakas No. 005 on Corporate Governance for Insurance Companies to replace the Prakas No. 185 on Requirements for Corporate Governance dated 20 March 2007.

The Ministry of Economy and Finance issued Prakas No. 071 on Incentives for Voluntary Rectification of Tax Returns dated 30 January 2024.

On 20 December 2023, the Non-Banking Financial Services Authority issued a new Prakas No. 067 on Trustees’ Obligations to Report, Notify, and Request for Approval (“Prakas”).

Arbitration is a form of alternative dispute resolution (ADR) in which the parties to a dispute agree to have their dispute resolved by one or more arbitrators instead of by a court. One of the notable features of arbitration is the finality and enforceability of arbitral awards.

On 20 September 2023, the Royal Government of Cambodia adopted Sub-Decree No. 286 ANKr.BK on Public Lighting Tax (“Sub-Decree“). This

On 30 August 2023, the Ministry of Labour and Vocational Training issued Notification No. 024/23 informing owners or directors of enterprises or establishments that are employing foreign employees for the year 2024 to apply for foreign employee quota approval from 1 September 2023 to 30 November 2023.

In line with the vision of the Royal Government of Cambodia to innovate financial technology (FinTech) in the non-banking financial

On 20 July 2023, the Non-Banking Financial Services Authority issued Prakas No. 035 on the Issuance of Fund Units of Collective Investment Scheme (“Prakas”). This Prakas is a long-awaited legal instrument under the purview of the Securities and Exchange Regulator of Cambodia to basically kick-off the collective investment scheme (“CIS”) market in Cambodia.

The Law on Competition, which covers all persons conducting business activities, or supporting business activities, that significantly prevent, restrict, and

On 26 June 2023, the Royal Government of Cambodia adopted Sub-Decree No. 139 ANKr.BK on the Implementation of Law on

On 6 June 2023, the National Election Committee (“NEC”) issued a press release no. 004 calling for the immediate halt

On 22 May 2023, the Ministry of Economy and Finance and the Ministry of Land Management, Urban Planning and Construction

新《税法》于2023年5月16日根据NS/RKM/0523/004号皇家法令紧急颁布（”《税法》”），因此从2023年5月17日起生效。《税法》废除了1997年2月24日的旧税法及其2003年3月31日的修正案。在本法律资讯中，我们重点介绍《税法》的主要特点。 如果您想进一步了解，请点击阅读更多。

On 19 May 2023, the Ministry of Land Management, Urban Planning and Construction issued Prakas No. 083 on the Abrogation

The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. NS/RKM/0523/004 (“Law on

On 6 January 2023, the Royal Government of Cambodia adopted the Sub-Decree No. 13 ANKr.BK on Conditions, Formalities, and Procedures

2023年2月3日，柬埔寨王国政府颁布了关于使用SIM模块的电信设备身份登记的第41号二级法令，旨在：（i）防止和限制使用假SIM模块的设备、赃物和非法进口的设备；（ii）保护消费者的健康、安全和权利；（iii）提高电信服务质量；（iv）鼓励诚实和透明的市场竞争；以及（v）加强国家税收。本更新报告简要介绍强调《二级法令》的主要特点。 如果您想进一步了解，请点击阅读更多。

On 12 April 2023, the General Secretariat of Economic and Financial Policy Committee of the Royal Government of Cambodia issued

On 3 February 2023, the Royal Government of Cambodia issued Sub-Decree No. 41 on the Registration of Identity of Telecommunications

The National Commercial Arbitration Centre (“NCAC”) is a non-profit commercial dispute resolution institution based in Phnom Penh, Cambodia. On 18

In line with the intention of the Royal Government of Cambodia (“RGC”) to mitigate the economic impact of COVID-19 and

This article provides a summary of the current state of mediation in Cambodia. It also gives an insight into the

As we approach the start of a new year, this Client Update provides you a reminder of the key regulatory

Pursuant to the Labour Law and Prakas No. 196 MLVT/Pr.K dated 20 August 2014 on the Quota of Foreign Workforce

The Ministry of Labour and Vocational Training issued Prakas No. 168/22 MLVT/Br.K.NSSF dated 5 July 2022 on Formalities and Procedures

On 4 March 2021, the Royal Government of Cambodia issued Sub-Decree No. 32 ANK.BK on the Social Security Scheme on

Cambodia established its first commercial arbitration centre, the National Commercial Arbitration Centre of Cambodia (“NCAC“) in 2006, which then commenced

The new Law on Food Safety (“Law“) came into force on 8 June 2022 by virtue of Royal Kram No.

In November 2020, the Law on Management of Commercial Gaming (“Gaming Law“) was promulgated as the primary legislation that would

On 27 May 2022, the Ministry of Labour and Vocational Training (MLVT) issued Notification No. 022/22 MLVT/NOTIF.DLI on the Implementation

On 30 March 2022, the Securities and Exchange Regulator of Cambodia (SERC) and the Trust Regulator jointly issued a new

On 11 April 2022, the Ministry of Commerce (MOC) issued Prakas No. 0113 on Cooling-off Period (“Prakas“) that sets out

In furtherance of ensuring consumer protection and the promotion of fair competition under the Law on Consumer Protection, the Ministry

The National Commercial Arbitration Centre of Cambodia (“NCAC“) adopted its first arbitration rules on 11 July 2014 (“2014 Rules“). Since

On 17 February 2022, the Cambodia Competition Commission (“CCC“) was established pursuant to the Royal Government of Cambodia’s Sub-Decree No.

On 24 February 2022, the Ministry of Commerce issued Prakas No. 0064 on the Requirements of the Cosmetic Distribution (“Prakas“),

On 3 March 2022, the Ministry of Commerce (“MOC“) issued a Notification No. 0528 MOC.BRD on the Extension of the

Following the promulgation of the new Law on Insurance in 2014, the Royal Government of Cambodia issued a Sub-Decree No.

The Ministry of Land Management, Urban Planning and Construction (“MLMUPC“) has issued two Prakas on formalities of certification work for

On 1 February 2022, the Ministry of Land Management, Urban Planning and Construction issued Prakas No. 047 on the Danger

On 20 January 2022, the Ministry of Land Management, Urban Planning and Construction (“MLMUPC“) issued Prakas No. 013 on Formalities

On 26 January 2022, the Non-Banking Financial Services Authority issued a new Prakas No. 003 OSH/Prokor on Rules on the

On 29 January 2022, amendments were made to the Law on Commercial Enterprises and the Law on Commercial Rules and

The new law on Investment was promulgated on 15 October 2021 by virtue of Royal Kram No. NS/RKM/1021/014 (“Law on

As we approach the start of a new year, this Update provides you a reminder of the key regulatory compliance requirements for the year of 2022 that would affect your company.

On 21 October 2021, the Commercial Gambling Management Commission of Cambodia (“CGCC”) issued Prakas No. 002 on Procedures, Formalities and Conditions for the Issuance, Transfer and Renewal of Licenses for Casinos and Luck-Based Games (“Prakas”).

Following the promulgation of the Law on the Management of Commercial Gaming in November 2020, the Royal Government of Cambodia issued on 26 August 2021 two sub-decrees.

On 31 August 2021, the Ministry of Commerce issued Prakas No. 185 on Standard Information for Consumers (“Prakas No. 185”) that sets out the minimum information required to be provided to consumers in commercial transactions.

The Law on Competition was promulgated by virtue of the Royal Kram No. NS/RKM/1021/013 dated 5 October 2021 (“Law on Competition”). It came into force on 6 October 2021.

On 5 October 2021, Royal Kram No. NS/RKM/1021/011 on the Amendment of Articles 123, 138, 162, 300, 343, 350, 363, and 367 of the Labour Law (“Law on the Amendment of the Labour Law”) was promulgated.

The Ministry of Labour and Vocational Training (“MLVT”) issued Prakas No. 264/21 dated 28 September 2021 on the Minimum Wage Determination for Workers in Textile, Garment, Footwear, Travel Goods and Bags Industries for year 2022 (“Prakas”).

On 25 June 2021, the Ministry of Commerce (“MOC”) issued a new Prakas to set out new procedures governing the certification of exclusive right on mark registration and the recordal of authorisation letter on exclusive right of using the mark.

The Ministry of Economy and Finance announced in a Press Release on 25 August 2021 the launch of Phase II of the Business Registration System on Information Technology Platform (“OBR Portal”), following the successful implementation of Phase I of the OBR Portal on 15 June 2020.

The Ministry of Public Works and Transport has issued Prakas No. 100 Pr.K.PW.RT dated 21 June 2021 on the Conditions and Procedures of Issuance of Permit to Companies Conducting Digital Hailing Services for Road Transport Operation in Cambodia (“Prakas”).

On 10 June 2021, the Ministry of Labour and Vocational Training (“MLVT”) issued notification No. 029/21 on Updating of Current Employees’ Addresses to the Authorities (“Notification”).

On 26 May 2021, the Ministry of Commerce (“MOC”) issued Notification No. 1143 on the Issuance of Permit or Licence on E-Commerce (“Notification No. 1143”). Notification No. 1143 urges all individuals, sole proprietorships, legal entities and branches of foreign companies which carry out their business activities through electronic platform (“Relevant Persons”) to apply for a permit or licence on E-Commerce.

On 12 April 2021, the Ministry of Environment (“MOE”) issued notification No. 550 on the Clarification on Payment of Environmental and Social Contribution of Investment Projects (“Notification”).

The Ministry of Labour and Vocational Training (“MLVT”) has issued two regulations concerning labour law. The first piece of regulations relates to the postponement of deadline to file request for extension of work permits for foreign employees for 2021 and the documentary requirements for newly hired foreign employees. The second piece of regulations relates to paid leave during Khmer 2021 New Year celebration.

On 16 February 2021, the Royal Government of Cambodia issued Sub-Decree No. 23 on the Establishment of National Internet Gateway (“Sub-Decree”).

On 18 January 2021, the Securities and Exchange Regulator of Cambodia (“SERC”), previously known as the Securities and Exchange Commission of Cambodia (SECC), issued a new Prakas No. 001/21 SECC/P on the Obligations to Provide Reports, Notify, and Request for Approval of Central Counterparties and Derivatives Brokers (“New Prakas”).

On 30 December 2020, the Royal Government of Cambodia issued Sub-Decree No. 224 on Construction Permit (“Sub-Decree No. 224”) aimed at determining the authority, conditions, and procedures for the issuance of construction permits, construction repair permits, demolition permits, construction site opening permits, and extension permits.

The Law on Organization and Functioning of Non-Banking Financial Services Authority (“Law”) was promulgated on 16 January 2021.

On 31 December 2021, MLVT issued two sets of Prakas, namely Prakas No. 429/20 on Physical Examination of Cambodian Employees (“Prakas No. 429″) and Prakas No. 433/20 on the Agreement between Department of Occupational, Safety, and Health of MLVT and Health Facilities in order to Provide Health Check Services for Cambodian Employees (“Prakas No. 433”).

MLVT has issued Prakas No. 430/20 MLVT/Pr.K.CBN on the Implementation of Labour and Vocational Training Related Public Services via Online Systems (“Prakas”). According to the Prakas, the online systems were launched to strengthen the quality and effectiveness of public services, and foster transparency and accountability in the public sector.

MLVT has issued Notification No. 003/21 dated 21 January 2021 on the Payment of the Back Pay of Seniority Payment prior to 2019 and the Seniority Payment for 2020 and 2021 for Manufacturing Factories/Enterprises (“Notification”).

On 26 December 2020, the Law on Government Securities was promulgated via Royal Kram No. NS.RK.0220.040 (“New Law”). The New Law abrogated the Law on Government Securities promulgated through Royal Kram No. NS.RK.0107.001 dated 10 January 2007.

The Ministry of Economy and Finance (“MEF”) has issued Prakas No. 009 on the Reclassification of Taxpayers under the Self-Assessment Regime (or the Real Regime of Taxpayers) dated 12 January 2021 (“Prakas No. 009”).