9 November 2020

The General Department of Taxation (“GDT”) at the Ministry of Economy and Finance (“MEF”) has issued a Notification formally delaying the implementation of the recently enacted MEF Prakas 346/20 on Capital Gain Tax,  dated 1 April 2020.

It was previously announced by senior officials of the GDT that implementation of the Prakas  will begin on 1 January 2021. However, GDT Notification No. 24094 dated 22 October 2020 now officially delays the implementation of the capital gains tax to 1 January 2022.

This decision was made by the MEF, on approval of Prime Minister Samdech Hun Sen, pursuant to a local investment advisory letter submitted to the MEF in September. This delay is to give more time for taxpayers and the public to better understand the requirements and provisions of the new capital gains tax regime and to prepare the relevant tax payments from 2022 onward.

If you would like to know more about this development on the Capital Gains Tax in Cambodia or have any queries regarding this, please contact  Matthew Rendall of SokSiphana&associates (a member of ZICO Law).

This alert is for general information only and is not a substitute for legal advice.


On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

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