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Do Cambodia Transfer Pricing Regulations Provide That Third Party Companies in a Benchmarking Study May Not Have +20% Shareholders?

Do Cambodia Transfer Pricing Regulations Provide That Third Party Companies in a Benchmarking Study May Not Have +20% Shareholders?

May 19, 2023

This article addresses a possible misunderstanding of Cambodia’s Transfer Pricing (“TP”) regulations as set out in Prakas 986 on Rules and Procedures for Division of Income and Expense between Related Parties (“the Prakas”).

AUTHOR

Edwin is the senior partner of VDB Loi and a leading foreign legal advisor living in Myanmar since 2012. A frequent advisor to the Government on transactions and privatizations in energy, transportation and telecom, he is widely recognized for his “vast knowledge” (Legal 500) and his ability “to get difficult things through the bureaucracy ” (Chambers, 2016). He advises international financial institutions on their largest Myanmar transactions, oil and gas supermajors, a greenfield multi- billion US$ telecom project and the Japanese Government on the Thilawa SEZ. He assisted two newly licensed foreign banks setup in Myanmar, acted for the sponsor of an 800MUS$ urban infrastructure PPP project and worked on 6 out of 7 power deals inked in 2016.
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