diploma in

CAMBODIAN BUSINESS LAW

The Diploma in Cambodian Business Law is internationally accredited by the global accounting body
the Association of Chartered Certified Accountants (ACCA) and the National Accounting Council (NAC).

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CamEd Business School ID: @camed CamEd Business School

Diploma in Cambodian Business Law
The Diploma in Cambodian Business Law is an exam-based diploma. Exams are held at the end of a 1 Essential Elements of the Legal System
General presentation of laws and their sources
4-month training course. Sources of laws and other regulations
The Diploma in Cambodian Business Law is internationally accredited by the Association of Chartered Public powers and administrations of Cambodia
Certified Accountants (ACCA).
2 Essential Elements of the Legal System
Holders of the Diploma in Cambodian Business Law are exempt from ACCA paper F4. The judicial system (courts) of Cambodia
The final exam paper is independently prepared by international leading Law experts. Dispute resolutions or trial processing with particular focus on business dispute resolution
The course syllabus is independently reviewed by international leading Law experts.
3 Law on Commercial Enterprises, Law on Investment, and Other Related Laws
Business fundamentals according to the law on commercial enterprises
Course Lecturers: General notion of the law on commercial enterprises

4 Identify the different forms of companies based on Cambodian Law

Dr. Phalthy Hap is currently the Vice Director of the Graduate Program of the Royal University Forms of companies
of Law and Economics (RULE), Phnom Penh. He obtained is Master of Laws and Doctor of Companies with special conditions under the law on investment and other laws
Laws from Nagoya University, Japan. His specialized area is Land Law. Dr. Hap has been the
5 Labor Law and Contracts
working group leader collaborating with JICA on Japanese Technical Cooperation for the
The labor law and its sources of authority
Legal and Judicial Development Project (Phase 4) since August 2012. He also plays a crucial Labor contracts
role in Internal Quality Assurance Committee for RULE in order to write the self-assessment
report for a pilot assessment conducted by the Accreditation Committee of Cambodia in late 2015. More 6 Labor Law and Contracts
remarkably, Dr. Hap has involved with many international institutions for research and quality assurance, Identification of labor contract parties
Labor contract suspension/dissolution
such as Korea Legislation Research Intstitute (KLRI) and ASEAN University Network (AUN). He has been
teaching Civil Law, Property Law, and Cambodian Business Law. 7 Labor Law and Contracts
The civil code as the primary source of contract law
Dr. Prum Virak is a well-known figure in the legal community and brings with him over 10 years Decree No. 38 on contracts for carriage
of international academic and work experience in the fields of law and international develop- Juristic persons under the civil code
ment. He has served in various leadership positions including being a senior political officer at 8 Labor Law and Contracts
the British Embassy, a senior legal consultant, the Dean of a law faculty, a public affairs Labor contract suspension/dissolution (cont.)
specialist at the United States Embassy, a policy advisor for an international organization and
an Associate Dean of a college of social sciences. Dr. Virak has published articles in various 9 Labor Law and Contracts
peer-reviewed journals on decentralization, public administration and climate change. He has also authored Working conditions and employee benefits
many opinion pieces on Phnom Penh Post on constitutional law, administrative law, international economic Labor disputes and their resolutions
law and competition. He is a frequent speaker and acts as a legal expert at numerous conferences and work-
10 Formation and Constitution of Companies
shops and teaches at the Royal Academy for Judicial Professions. Fundamental conditions for company formation
Key characteristics related to company formation
Dr. Virak received his law degree in 2000, a Master of Law in 2003 from Nagoya University (Japan) and a PhD
11 Formation and Constitution of Companies
in international development in 2006, also from Nagoya University.
Key characteristics related to company formation (Cont.)
Formalities of establishing a company

Course: 12 Explanation of the Legal Personality of Companies

Existence of the company's legal personality
The course studies 3 hours every Sunday, starting every January or July and ending in June or December. Company identification
Students can choose to study in either English or Khmer. The final exam may be taken in either English or Legal capacity of company
Khmer. 13 Management, Capital, and Financing of Companies
Meetings and decisions (directors and shareholders)
Fees: Company management

14 Management, Capital, and Financing of Companies

Tuition : $316
Company operations and functions
Exam : $159 Sources of capital and finance
Class materials (compulsory) : $19
15 Corporate Governance and Ethics

Final exams are held every June and December. Official government identification (passport or drivers 16 Dispute Resolution and Insolvency
license) is required to sit the exam. The final exam is recorded on video. All exams are marked twice Resolution by courts
Alternative dispute resolution
independently by separate lawyers. Insolvency

17 Law on Issuance and Trading of Non-Government Securities

18 Law on Corporate Accounts, their Audit, and the Accounting Profession