Stay up to date with legal developments in Cambodia.
What's New
Sub-Decree on Establishment of a Special Unit on Tax Audit
On 16 July 2024, the Royal Government of Cambodia issued Sub-Decree No. 160 on the Establishment of a Special Unit on Tax Audit ("SUTA") under the General Department of Taxation of the Ministry of Economy and Finance ("Sub-Decree No. 160"). SUTA functions as a mechanism to promote and expedite the resolution of any taxpayer matters in respect of tax audits. This Update sets out the key functions and responsibilities of SUTA.
A Newborn National Authority for Alternative Dispute Resolution and its Development in Cambodia
Alternative dispute resolution ("ADR") has become an important way to resolve various types of disputes outside of the court system in Cambodia. The National Commercial Arbitration Centre (NCAC) handles commercial disputes through arbitration and mediation, while the Arbitration Council resolves labour disputes. Additionally, various government institutions also settle disputes within their respective areas of authority. For example, the Telecommunication Regulator of Cambodia is the exclusive body that mediates telecommunications disputes between operators and between operators and subscribers.
Recently, a new government-run dispute settlement institution called the National Authority for Alternative Dispute Resolution ("NADR") has been established to provide mediation and conciliation services. This article will provide an overview of NADR and chart its current status and future development.
Visit Arbitration Asia for insights from our thought leaders across Asia concerning arbitration and other alternative dispute resolution mechanisms, ranging from legal and case law developments to market updates and many more.
Unfair Practices in Business in Relation to Advertisements and Sale Promotions
On 12 April 2024, the Ministry of Commerce issued Prakas No.95 on Unfair Practices in Business in Relation to Advertisements and Sale Promotions. The Prakas 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.
The Prakas applies to any person who conducts the business of supplying and advertising goods and services through promises, advertisements, or false or misleading representation in any type, form, and means including digital means in Cambodia. This Update highlights the key provisions of the Prakas.