payment_asialawnetwork
Cambodia Legal Alert: Provision of Seniority Payments & Wage Payments

Reading Time: 5 minutesPROVISION OF SENIORITY PAYMENTS, Prakas 443 of the Ministry of Labour and Vocational Training (“MLVT”) dated 21 September 2018. After the amendments to the Labour Law (including the introduction of seniority payments), which came into effect on 26 June 2018 (as discussed here) the MLVT issued Prakas 443 on Seniority Payments (“Prakas 443”) on 21 September […]

SMEcambodia_asialawnetwork
Cambodia Tax Update: SME Tax Incentives Announced

Reading Time: 2 minutesSub-Decree No. 124 R.N.Cr.BK (“SD 124”) that came into effect on the 2nd of October 2018 has introduced important tax incentives for qualifying Small and Medium Enterprises (“SME’s”) operating in defined priority sectors in Cambodia. We have summarized the key points addressed by SD 124 below: SD 124 applies to Small and Medium Enterprises which […]