A Prakas on Rules and Procedures on Registration of Private Parts of Co-owned Buildings ("Prakas") was released on July 19, 2024 by the Ministry of Land Management, Urban Planning and Construction (MLMUPC). The main effect of this Prakas is to establish a legal framework for the registration of each co-owner's legal ownership rights for properties built prior to December 19, 1997.
Scope
This Prakas applies to all co-owned buildings that were built before 19 December 1997.
Registration requirements
Application Documents: The application form must be completed in Khmer, and the local authorities' certification of the supporting documentation is not necessary.
Individual: Right-thumb fingerprint or signature directly on the registration form by the applicant.
Sole proprietorship:
iii. Enterprise's official stamp;
Partnership and company
iii. The official stamp of the enterprise; and
Other Legal Entities
iii. The official stamp of Enterprise.
Advance Grand Formula Co., Ltd is licensed audit firm from Accounting and Auditing Regulator (ACAR Decision N0. 014), member audit firm of Kampuchea Institute of Certified Public Accountants and Auditors (license number C-00085) and tax agent from General Department of Taxation (license number TA202204002).
This Publication is intended for general guidance only and should not form the basic of specific decisions.
Should you need any further information or support, please contact us at: accounting@advancegroupkh.com (accounting), audit@advancegroupkh.com (audit), tax@advancegroupkh.com (tax) and number and telegram 085 36 8888 and 070 399 888.
Share this: