Best Investment Lawyers in Phnom Penh

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Tip & Partners Law Firm

Tip & Partners Law Firm

Phnom Penh, Cambodia

Free Consultation: 30 mins


Founded in 1995
10 people in their team
Tip & Partners is one of Cambodia’s leading independent law firm. The firm provides a comprehensive range of legal services to serve the...
English
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ILAWASIA

ILAWASIA

Phnom Penh, Cambodia

Founded in 2011
26 people in their team
ILAWASIA, a full service Thai law firm, was established in April 2011 located in Bangkok Thailand by Mr. Somphob Rodboon, an experienced litigator....
English
Davies SM Attorneys-at-Law

Davies SM Attorneys-at-Law

Phnom Penh, Cambodia

Founded in 2022
10 people in their team
ABOUT OUR FIRMAt Davies SM Attorneys-at-Law, we are committed to delivering high-quality, affordable legal services.Registered with the Bar...
English
Chinese
Khmer
IAO Asia

IAO Asia

Phnom Penh, Cambodia

Free Consultation: 15 mins


Founded in 2021
10 people in their team
IAO is an international legal and investment firm supporting international investment to the Kingdom of Cambodia.  Our services include...
English
Khmer
Chinese
BNG Legal

BNG Legal

Phnom Penh, Cambodia

Founded in 2002
20 people in their team
We differentiate ourselves by coupling a deep understanding of the local business environment with international professionalism and integrity.We...
English
Chinese

About Investment Law in Phnom Penh, Cambodia:

The Cambodian Investment Law governs investment activities in Phnom Penh and throughout Cambodia. Investment Law in Cambodia is designed to promote and encourage domestic and foreign investments by offering various incentives and protections to investors. It includes all sectors and regions, with a specific reference to tourism, industry, infrastructure, and high-tech agriculture. The law encourages transparency, ensures the equal treatment of investors, and looks to improve the overall business climate.

Why You May Need a Lawyer:

Investment activities often involve complex financial transactions and legal documents that could impact one's financial health significantly. Hence, having a lawyer by your side can help you make sure that all your transactions are lawful and all your contracts have been executed correctly. A lawyer can also help you in issues related to dispute resolution, contract drafting and negotiating, intellectual property protection, and laws and regulations understanding, which are vital aspects of the investment process.

Local Laws Overview:

The Cambodian Law on Investment provides important legal protections for investors including safeguarding against nationalization, allowing repatriation of profits, and ensuring compensation in case of across-the-board nationalization or expropriation. It also comes along with a number of incentives such as tax holidays, no minimum capital requirement, and permission for 100% foreign ownership. Nevertheless, there are restrictions on foreign ownership in certain sectors and a requirement on the percentage of local employees.

Frequently Asked Questions:

What types of investments are safeguarded by the Investment Law?

The Cambodian Investment Law protects all kinds of investments including equity, reinvestments, and rights conferred by contracts, including licenses and permits according to the laws and regulations of Cambodia.

Can foreigners own land in Cambodia?

Foreigners are not legally allowed to own land in Cambodia. However, there are methods for foreigners to secure control over land, such as long-term leases and other legal arrangements.

Are there tax benefits for investors in Cambodia?

Yes, Cambodia offers a variety of tax incentives for investors such as profit tax exemptions, special depreciation allowances, and reductions on import duties.

What are the sectors where foreigners cannot invest?

Foreign investments aren't allowed in land ownership, electricity production, television stations, and radio stations.

How is the investment dispute resolution managed in Cambodia?

Most investment disputes are usually resolved through the courts, arbitration or mediation. Cambodia is a member of ICSID (International Centre for Settlement of Investment Disputes) and is a signatory to the New York Convention, which allows for enforcement of foreign arbitration awards.

Additional Resources:

The Council for the Development of Cambodia (CDC) is the main government entity in charge of managing and approving projects. It also provides support relating to contract enforcement and dispute resolution. Those interested in investing in Cambodia should refer to the CDC’s official website for more information about investment opportunities, regulations, and procedures.

Next Steps:

If you're considering investing in Cambodia or already have investments and need legal assistance, be sure to engage a legal professional familiar with Cambodian laws and regulations. They can guide you through the complexity of local laws and help protect your interests. Be sure to present all relevant details of your case to your lawyer to ensure you receive tailored advice with your specific needs taken into account.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.