Monthly Legal Update: November 2024
Overview
Cambodia’s business regulatory environment witnesses some progresses in the areas of investment, banking, transportation, tax, and labour. This Monthly Legal Update will highlight the following updates:
- Official Announcement No. 2336/24 dated 27 November 2024 on the Launch of the CDC Investment Project Management (cdcIPM);
- Notification dated 1 November 2024 on the Opening of KHR Bank Account for All Business Duly Registered in Cambodia;
- Instruction No. 154/24 dated 01 November 2024 on the Reconciliation of Labor Dispute;
- Instruction No. 026 dated 31 October 2024 on the Tax Incentives for Enterprise Operating in the Arts Sector; and
- Notification No. 049 dated 28 October 2024 on the Implementation of Formalities and Procedures for the Transfer of Vehicle Ownership.
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Authors
Mr. HOUN Vannak
Managing Partner
RHTLaw Cambodia
M +(855) 12 737 123
T +(855) 23 886 616
E vannak.houn@rhtlawcambodia.com
Mr. SAT Sokvisal
Senior Associate
RHTLaw Cambodia
M +(855) 60 333 161
T +(855) 23 886 616
E sat.sokvisal@rhtlawcambodia.com
Ms. PICH Cheymorokot
Associate
RHTLaw Cambodia
M +(855) 81 885 388
T +(855) 23 886 616
E morokot.pich@rhtlawcambodia.com