Friday September 23rd, 2022

Legal Alert on Prakas on Unfair Contract Clause

In support of the enhancement of the Law on the Consumer Protection (“LCP”) which was promulgated in November 2019, the Ministry of Commerce (“MoC”) issued the Prakas No. 0067 on Unfair Term Clause (“Prakas”) on 01 March 2022, in order to set out formalities ​and procedure to govern​​ Standard Form Contracts and unfair contract clauses […]

Monday June 27th, 2022

Legal Alert: The Law on Trust

It has been almost three years and a half now since the promulgation of the Law on Trust (“LoT”) in January 02, 2019. Noticeably, following the introduction of the LoT, some relevant regulations have been issued to provide further details and instruction on the establishment and registration procedure, licensing and approvals, obligation and responsibilities of[…..]

Monday February 14th, 2022

Legal Alert on the Law on the Amendment of the Law on Commercial Enterprises

On 29 January 2022, our Majesty King of Cambodia signed on the Law on the Amendment of the Law on Commercial Enterprise (“Amended LCE”). Law on the Commercial Enterprise (“LCE”) is the main instrument in governing business forms in Cambodia – sole proprietorship, partnership, limited liability company, and foreign business in Cambodia. Please download the[…..]