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April 20, 2021

Webinar: Investing in Cambodia – Why Now is the Right Time

On April 13, Jay Cohen, partner and director of Tilleke & Gibbins’ Phnom Penh office, collaborated with global real estate giant CBRE to present a webinar on the market for foreign investment in real estate in Cambodia.

In the first half of the two-hour webinar, Jay went through legal requirements and processes for investing in real estate in Cambodia, and covered a number of key topics of interest to potential investors—including nationality requirements, corporate structuring options, land due diligence, and the process of purchasing and registering properties.

The second half of the webinar was led by James Hodge, managing director of CBRE Cambodia. His market-oriented overview of the Cambodian real estate landscape laid out the growth of the sector and its possibilities for foreign investors in the commercial, hospitality, and residential sectors.

Finally, the speakers fielded specific questions about regulations and market conditions for foreign investors in real estate in Cambodia.

A recording of the webinar is available below.

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September 29, 2021
On September 28, Tilleke & Gibbins’ corporate and commercial group and dispute resolution group hosted a webinar titled “Land Acquisition for Industrial Purposes” to provide foreign companies with some insight into Thailand’s sometimes complex regulations. In the first part of the webinar, Chaiwat Keratisuthisathorn and Chanchai Jhongsathit of Tilleke & Gibbins’ corporate and commercial department discussed foreign land ownership restrictions in Thailand, explained key steps to acquire land for industrial purposes, explained the process of conducting land due diligence, addressed sale and purchase agreements, and outlined the process of registering land transfers. In the second part of the session, Alongkorn Tongmee and Jidapa Srisummacheep of the firm’s dispute resolution department provided an overview of litigation in Thailand, spoke about Thailand’s court system, addressed different types of civil disputes, explained initiation of criminal action between the police and the court, and clarified special considerations for real estate disputes. The video recording of this webinar is available below.
September 1, 2021
On August 31, Tilleke & Gibbins lawyers from across the region teamed up with the Australian Chambers of Commerce in Cambodia, Laos, and Myanmar to offer a session on the legal environment for e-commerce in each jurisdiction. The speakers included Aye Thuzar Hlaing, associate in Tilleke & Gibbins’ Myanmar office; Chandavya Ing, associate in the firm’s Phnom Penh office; Dino Santaniello, head of Tilleke & Gibbins in Laos; Jay Cohen, partner and director of the Phnom Penh office; and Yuwadee Thean-ngarm, director of the firm’s Myanmar office. Together they provided an overview of the regulatory framework for e-commerce businesses, discussed licensing requirements that may be applicable in each jurisdiction, explained disclosure requirements, addressed the principles of online contracts, and covered sanctions for unlawful activity in each country. A full video recording of the webinar can be viewed below.
August 18, 2021
On August 12, Jay Cohen, partner and director of Tilleke & Gibbins’ office in Phnom Penh, spoke on recent legal developments in Cambodia in a webinar hosted by the American Chamber of Commerce. Titled “Cambodia’s Investment Law 2021,” the webinar focused on the country’s new draft Investment Law, which was unveiled in July 2021. The law encourages greater investment in Cambodia by aiming to increase the competitiveness and productivity of local industry, offering investment incentives, protecting investors’ rights and interests, and improving Cambodia’s ability to plug into regional and global supply chains. During the session, Jay and the other panelists discussed: The development of investment legislation in Cambodia; The anticipated impact of the Cambodian’s draft Investment Law; and Implications of the draft law for investors and the larger business community in Cambodia. The video is available below.
August 10, 2021
Jay Cohen, partner and director of Tilleke & Gibbins’ Phnom Penh office, recently sat down with realestate.com.kh—a leading property portal in Cambodia—to provide an overview of the legal and business implications of guaranteed rental return (GRR) schemes for property investors in Cambodia. During the concise yet informative session titled “Introduction to Guaranteed Rental Returns in Cambodia,” Jay discusses: The definition of a GRR scheme under Cambodian law, including an overview of certain benefits for investors; Key considerations investors should understand before entering into a GRR agreement; The possibility of changing GRR contract terms during force majeure events; and What happens when the GRR period ends. The video is available to watch online, free of charge, below.