Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
 Issue 1 - Jan/Feb/Mar 2022
 

Second Extension of Imposition of Penalties re: Application for E-Commerce Permit/Licence

On 3 March 2022, the Ministry of Commerce ("MOC") issued Notification No. 0528 MOC.BRD on the Extension of the Imposition of Penalty in relation to the Application for E-Commerce Permit or License ("Notification").


Per the Notification, all individuals, sole proprietorships, legal entities and branches of foreign companies ("Relevant Persons") which carry out business activities through electronic platforms have until the end of June 2022 to apply for permits or licences for E-Commerce. Relevant Persons who carry out e-commerce activities without a permit or license will be subject to pecuniary fines and applicable penalties from 1 July 2022 onward.


Please note that this is the second extension of imposition of penalties in relation to the application for e-commerce permits or licences. The first extension, being until 1 March 2022, was set out in Notification No. 2908 MOC.BRD dated 1 December 2021. 



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

 

Rajah & Tann Sok & Heng Law Office
Vattanac Capital Office Tower
Level 17, No. 66, Preah Monivong Boulevard,
Sangkat Wat Phnom, Khan Daun Penh
120211 Phnom Penh, Cambodia
http://kh.rajahtannasia.com

Contacts:

Heng Chhay
Managing Partner
D +855 23 215 734
F +855 23 726 417
heng.chhay@rajahtann.com

Desmond Wee
Director
D +65 62320474
desmond.wee@rajahtann.com

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This update is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this update.