News

18th - September, 2026

Prakas 063 Introduces a New Framework for Financial Statement Filing and Inde...
On 18 August 2026, the Non-Bank Financial Services Authority, acting through the Accounting and Auditing Regulator (“ACAR”), issued Prakas No. 063 on the Obligation to File Annual Financial Statements and Submit Financial Statements for Independent Audit (the “Prakas”), replacing Prakas No. 563 dated 10 July 2020. ACAR subsequently issued an implementation notification (Notice No. 033/26) on 26 August 2026. The Prakas gives effect to the decision reached at the 19th Royal Government–Private Sector Forum. Background Financial statement obligations in Cambodia derive from the Law on Accounting and Auditing 2016. Until now, the independent audit requirement was governed by Prakas 563, while the obligation of all enterprises, including those not subject to audit, to file annual financial statements with ACAR was ...

18th - September, 2026

2027 Foreign Employee Quota Application Window Open Until 30 November 2026
By Circular No. 025 dated 31 August 2026, the Ministry of Labour and Vocational Training (“MLVT”) has opened the application window for the 2027 Foreign Manpower Quota. All enterprises and factories that employ, or intend to employ, foreign nationals in 2027 must apply through the Foreign Workers Centralized Management System (“FWCMS”, fwcms.mlvt.gov.kh) between 1 September and 30 November 2026. Quota Cap Foreign employees are in principle limited to 10% of an enterprise’s Cambodian workforce, comprising office employees (3%), skilled employees (6%) and unskilled employees (1%). Enterprises seeking to employ foreign nationals in excess of this cap must obtain special approval from the MLVT under Prakas No. 277/20 dated 14 August 2020, on the basis that suitably qualified Cambodian nationals cannot ...

07th - September, 2026

Online Seminar on Tax Audit and Compliance Readiness
JBL Mekong is pleased to announce an online seminar on “Tax Audit and Compliance Readiness”. Since July 2026, Mr. Ryo Kawahara, Certified Public Accountant, has joined JBL Mekong, enabling us to provide tax consulting services in addition to our existing support for company incorporation and licensing. This seminar is offered as part of that expanded practice. The number of tax audits conducted in Cambodia has been increasing in recent years, making advance preparation and day-to-day document management more important than ever. The seminar will cover the tax audit process, the matters typically examined by the General Department of Taxation, the internal arrangements companies should maintain in readiness for an audit, and practical points on the preparation and retention of supporting ...

07th - September, 2026

MOC Business Registration System Moves to CamDigiKey Login – Account Ownershi...
By a Notification on the Change of Login Method for the Business Registration System and the Procedure for Account Ownership Claims dated 23 August 2026, the Ministry of Commerce of Cambodia (“MOC”) changed the login method for the Business Registration System (businessregistration.moc.gov.kh) from the conventional username-and-password method to login via CamDigiKey account. To continue managing company information already registered in the system, a “Request for Account Ownership” must be submitted through the system. Companies Affected The change applies to company information submitted to the system on or before 31 July 2026. Companies submitted from 31 July 2026 onward are expected to be linked automatically to a CamDigiKey account, subject to a separate notification from MOC. Consequences of Not Completing the ...

26th - August, 2026

MEF Issues Notification on Tax Exemptions and Incentives for Transfers of Imm...
On 4 August 2026, the Ministry of Economy and Finance (“MEF”) issued Notification No. 008 on the Policy of Tax Exemptions and Incentives Regarding the Transfer of Ownership or Possession Rights over Immovable Property (the “Notification”). The Notification implements the instruction of Samdech Thipadei Hun Manet, Prime Minister, set out in Letter No. 7962 dated 28 July 2026, following a dialogue with immovable property owners and citizens held in Ksach Kandal District, Kandal Province, on 24 July 2026. Suspension of Additional Tax on Late Payment of Registration Tax Late payment of Registration Tax (Stamp Duty) is in principle subject to additional tax equal to 100% of the tax due. Under the Notification, the application of that additional tax is suspended ...

18th - August, 2026

NBC Requires Businesses Issuing Closed-Loop E-Wallets to Notify the Central B...
On 6 August 2026, the National Bank of Cambodia (“NBC”) issued Notification No. 14.026.1075 on the Notification Obligations of Business Owners Who Have Issued Electronic Money (E-Wallet Accounts) for Payments for Products or Services Within a Closed-Loop Network (the “Notification”). Businesses falling within its scope must file a written notification with the NBC within 90 days of receiving the Notification. Calculated from the date of the Notification itself, that period expires on 4 November 2026. Where no notification is filed within that period, the NBC has stated that it will take measures in accordance with the procedures under the laws in force. Businesses Affected The NBC observes that a number of businesses – it names coffee shops, service stations, transport ...

16th - July, 2026

Cambodia Prohibits the Import of Goods Linked to Forced Labor
The Royal Government of Cambodia adopted Inter-Ministerial Prakas No. 450 MEF.PrK dated 1 July 2026 on the Prohibition on Imports of Goods Linked to Forced Labor (the “Prakas”), which took effect on the same date. The Prakas establishes a coordinated regulatory framework addressing the importation of goods produced with forced labor, and is jointly administered and enforced by three ministries: the Ministry of Economy and Finance, the Ministry of Commerce, and the Ministry of Labour and Vocational Training. Background The Prakas was adopted against the backdrop of the United States Trade Representative’s (“USTR”) Section 301 investigation into the failure of various economies to impose and effectively enforce a prohibition on the importation of goods produced with forced labor. The USTR ...

14th - July, 2026

New Member Announcement
JBL Mekong is pleased to announce that Ryo Kawahara has joined the firm as our first certified public accountant. Having worked in accounting and taxation in Cambodia for many years, Mr. Kawahara has served as Chair of the Taxation Committee of the Japanese Business Association of Cambodia (JBAC) and has engaged closely with the country’s tax administration. By uniting his accounting and tax expertise with our legal practice, we look forward to offering clients more comprehensive, cross-disciplinary support. His message follows below. “My name is Ryo Kawahara, and I am delighted to join JBL Mekong Law Firm as a member of its team. Since October 2022 I have been based in Cambodia at an accounting firm, handling accounting and tax ...

06th - July, 2026

Cambodia Introduces New Guideline on Construction Permit and Certificate of O...
The Ministry of Land Management, Urban Planning and Construction (“MLMUPC”) issued Guideline No. 291 DNS/KHTT dated 4 February 2026 on the Procedures for the Issuance of Construction Permits and Certificates of Occupancy (the “Guideline”), which took effect on the same date. Issued as part of the Royal Government’s broader public service reform agenda, the Guideline establishes clear timelines and a streamlined workflow for the issuance of construction permits and certificates of occupancy, providing greater predictability for developers, investors, and enterprises undertaking construction projects in Cambodia. Background Prior to the Guideline, applicants for construction permits often faced uncertainty as to processing timelines, with approval periods varying significantly from project to project. The Guideline addresses this by imposing time-bound obligations on the ...

27th - June, 2026

Cambodia Issues Sub-Decree on Penalties for Violations of the Law on Accounti...
The Royal Government of Cambodia issued Sub-Decree No. 102 SD.Es on Penalties for Violation of the Law on Accounting and Auditing, dated 25 May 2026 (the “Sub-Decree”). The Sub-Decree sets out the specific offenses and corresponding fines for violations of the Law on Accounting and Auditing, together with the authorities, measures, and mechanisms for imposing and managing penalties. It replaces the interim penalty regime under Sub-Decree No. 79 dated 1 June 2020. Enforcement of the penalties is within the jurisdiction of the Accounting and Auditing Regulator (“ACAR”). Scope of Application The Sub-Decree applies to: – Audited and non-audited enterprises registered with the Ministry of Commerce and/or the General Department of Taxation that are large taxpayers or medium taxpayers, and all ...