Contract between Royal Government of Cambodia and Delcom Cambodia Pte.Ltd on Mining Investment in Phnum Daek areas, Rovieng District, Preah Vihear Province
Published by: Open Development Cambodia
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Data Resource Preview - Contract between Royal Government of Cambodia and Delcom Cambodia Pte.Ltd on Mining Investment in Phnum Daek areas, Rovieng District, Preah Vihear Province
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|Government Entity (multiple)||
|Access and use constraints||
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|Version / Edition||1|
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|Metadata Reference Information||
Metadata last updated on 2017-2-23. For inquiries contact: Open Development Cambodia (ODC). Address: #43 St. 208, Sangkat Boeung Raing, Khan Daun Penh, Phnom Penh, Cambodia. Email: email@example.com
|Signature date||March 24, 1994|
Ministry of Mines and Energy
Address: 51, 79-89 Pasteur, Sangkat Phsar Thmey3, Khan Daun Penh, Phnom Penh Tel 023 219 574 Fax 023 219 584 E-Mail: firstname.lastname@example.org Website: www.mme.gov.kh
|Contract term unit||Years|
|Payment for concession fees||1. For exploration: Year 1, $0.03 Year 2, $0.05 Year 3-6, $0.15 Year 7-10, $0.2 2. For Exploitation: Year 1-5, $2 Year 6-10, $5 From Year 10, $8|
|Payment for concession fees unit||$/ha|
|Party's obligation in the implementation of the project||
1- Financial obligation: - payment for tax on annual profit - land concession fees - payment for fees on registration, license extension, forest rights, transfer rights, and other general services. 2- obligation for protecting the environment.
|Environmental protection obligation||
After its mining exploration operation finished, the contractor shall be responsible for restoring the environment, including soil erosion protection, in its licensed operation areas.
The contractor and its employees shall respect traditions of local residents who live in its licensed areas and shall not interfere in their daily lives.
|Fiscal duties summary||
The contractor shall pay tax on annual profit based on: A. 26% of the net profit if the contractor earns up to 500,000 USD, B. 30% of the net profit if the contractor earns from 500,001 to 1,000,000 USD, C. 35% of the net profit if the contractor earns from 1,000,001 to 2,000,000 USD, D. 40% of the net profit if the contractor earns from 2,000,001 to 5,000,000 USD, E. 45% of the net profit if the contractor earns more than 5,000,000 USD.
|Legacy reference document||Mining_License_Agreement_Delcom_Cambodia_Pte_Ltd__24.03.1994.pdf|
|Date uploaded||February 23, 2017, 09:55 (UTC)|
|Date modified||September 18, 2023, 04:53 (UTC)|