Legal and Tax Updates

CORPORATE & COMMERCIAL EMPLOYMENT SECTOR Law on Amendments of Article 87 (K), Articles 89, 90, 91, 94, 110,120 and 122 of the Cambodian Labour Law dated 13 March 1997, dated 26 June 2018 (“Amendment Law”) The Amendment Law has introduced significant changes to the 1997 Labour Law, in particular to provisions relating to termination and...

DFDL’s collaborating firm in the Philippines, OS Law, gave clients, both local and international, an update on pressing legal issues. Atty. Jude Ocampo discussed recent developments on data privacy, job contracting and constitutional law.  Agenda DATA PRIVACY: The National Privacy Commission has identified enforcement as its focus for the year 2018. 2017’s focus was compliance while 2016’s was...

The Law on Minimum Wage was promulgated on 6 July 2018 and now guarantees a minimum wage for employees covered by the provisions of the Labour Law. A tripartite National Council on Minimum Wage (“NCMW”), comprised of the government, employer representatives, and employee representatives, will be established to study, research and provide recommendations on the...

Prakas 597 titled “The Recognition and Tax Obligation regarding the supply of Goods and Services made by an Agent on behalf of a Principal” was issued on 27 June, 2018 (“Prakas 597”) and provides some important clarifications and requirements for a number of taxpayers currently operating in Cambodia. This update is extremely important to those...

A new electronic registry system called Myanmar Companies Online (“MyCo”) is to be launched with the coming into force of the new Myanmar Companies Law 2017 (“MCL”) on the 1st of August. The Directorate of Investment and Company Administration (“DICA”) is introducing MyCo with the purpose of streamlining company filings and making the process more...

REAL ESTATE PRAKAS NO.087 DATED 11 MAY 2018 ON LAND DEVELOPMENT FROM THE MINISTRY OF LAND MANAGEMENT, URBAN PLANNING AND CONSTRUCTION The Prakas No. 087 aims to determine measures addressing both private and public land development in Cambodia: – Mechanisms, formalities and procedures on land development; – Technical conditions of land development to ensure decent...

Contributed by Ocampo & Suralvo Law Offices Philippine Department of Transportation Issues Rule Disqualifying Companies with Pending Cases against the Philippine Government from Participating in Public Bidding for Transportation Projects The Department of Transportation (“DOTr”) has issued a Memorandum dated June 26, 2018 which disqualifies bidders with pending case/s against the Philippine Government from participating...

It is fair to say that one of most consistent complaints we hear from taxpayers regards the issues associated with applying and obtaining a Value Added Tax (VAT) refund in Cambodia. Until now the VAT refund process was a very lengthy process – sometimes taking years – and often subject to uncertainty and delays. It...

Regional Legal Update on Labor and Employment Law Issues DFDL’s Employment Practice Group is dedicated to advising clients on employment and labor issues and preparing human resources documentation that is compliant with local laws.  Our employment team’s in-depth knowledge of the law and practices in the countries where we operate allows us to provide specialized,...

The Ministry of Planning and Finance issued Notification 47/2018 on 18 June 2018 outlining the new withholding tax (“WHT”) rules that now apply on payments to resident and non-resident taxpayers in Myanmar. This Notification is effective from 1 July 2018 and will supersede the current WHT Notification 51/2017 that was issued last 22 May 2017....