Benefits and Growth of Bancassurance in Cambodia
AmCham organised an event "The Role of Bancassurance in Cambodia and the Region" at Raffles Hotel in Phnom Penh in March 2023, and the...
Cambodian Treasures Foundation – The Importance of Returning Stolen Cambodian Antiquities...
B2B Cambodia spoke with Bradley Gordon & Steven Heimberg at the recent 2023 AmCham AGM which was also the Charity Gala Dinner to raise...
How Will Cambodia Benefit From FATF Grey List Removal
With the news last week that Cambodia had been removed from the Financial Action Task Force (FATF) grey list, there has been a lot...
Growth of Cambodian E-commerce Driving Tax Collection
The Cambodian General Department of Taxation (GDT) claims to have collected 214.68 billion riel (USD $53.01 million) in taxes from E-commerce between May 2022...
Obtain a Cambodian Police Clearance Certificate Online
The Ministry of Justice has confirmed the launch of its first phase to allow applicants to obtain a ‘Police clearance certificate’ online but applications...
How to get a Criminal Background Check in Cambodia
Some jobs in Cambodia do require criminal background checks and the police certificate is the official document issued for this.
These checks might be...
Increasing Crypto Interest In Cambodia As BitKub looks To Enter the...
Bitkub, a Bangkok-based cryptocurrency platform, is looking to expand into Southeast Asia markets and Cambodia is on their radar.
Bitkub backed by Capital Group Holdings...
Cambodian Banking Systems Continue Digitalisation and Push For Innovation
Hardly a week passes without one of the many many Cambodian banks announcing it's navigating the digital landscape, it's a key area every bank...
Cambodia hosts Asian Regional Credit Reporting Conference for Cross-border Credit Reporting...
The National Bank of Cambodia (NBC) and Credit Bureau Cambodia (CBC) hosted a Regional Credit Reporting Conference from 17-18 November 2022 - bringing more...
Businesses Required To Display Tax Registration Documents
The General Department of Taxation has confirmed that all businesses in Cambodia are required to display their tax registration documents, according to Instruction No....
New Guidelines for Cambodian Gambling Businesses
The General Secretariat of the Commercial Gambling Management Commission of Cambodia (CGMC) issued new guidelines for gambling businesses operating in Cambodia on October 20th...
CBC celebrates the 10th Anniversary of Credit Reporting in the Kingdom
Credit Bureau (Cambodia) Co., Ltd. (CBC) celebrated a decade of establishment of the credit reporting system in the Kingdom at Sofitel Phnom Penh in...
Cambodian Public Holidays 2023
The Kingdom of Cambodia is set to have a total of 21 public holidays in 2023, according to a sub-decree released by the Royal...
CBC and Credit Guarantee Corporation of Cambodia Plc. Sign MoU to...
Credit Bureau (Cambodia) Co., Ltd. (CBC) and Credit Guarantee Corporation of Cambodia Plc. (CGCC) have signed a Memorandum of Understanding to strengthen financial inclusion...
What You Need To Know About The Cambodia My 2nd Home...
From July 22, 2022, foreigners looking to invest in Cambodia will be able to apply for the new 10-year (so-called golden visa) which falls...
Realestate.com.kh EXPO 2022 Generates $30 Million in Property Sales
The Realestate.com.kh EXPO 2022 which was held over the past weekend (2-3 July 2022) at the Premier Centre at Sen Sok welcomed over 12,000...
Will Cambodia legalise and embrace Crypto after SERC & Binance MoU?
In a surprise move, the Securities and Regulator Exchange Regulator of Cambodia (SREC) and Binance signed a memorandum of understanding (MoU) at the end...
EXPO 2022 – Seminars on Property, Legal & Opportunities in Cambodia
The organisers of EXPO 2022 have announced a quality line-up of seminar speakers this weekend for the two-day event which takes place at The...
25 Capital-Provincial Investment Sub-Committees Launched
25 Capital-Provincial Investment Sub-Committees (CPISC) have been launched in Cambodia to help decide on private investment and resolve disputes related to investment projects to...
Behaviour Change Campaign Launched to Reduce Bushmeat Consumption
The Ministry of Environment, the United States Agency for International Development (USAID), World Wildlife Fund (WWF), the Wildlife Conservation Society (WCS), Conservation International (CI),...
Realestate.com.kh EXPO 2022 – Everything You Need to Know
The Realestate.com.kh EXPO 2022 will be held from 2-3 July 2022 at the Premier Centre Sen Sok in Phnom Penh and the offline mega-event...
Local Companies Required to Use National .KH Domain Name
A notification issued by the Ministry of Commerce (MoC) and the Ministry of Posts and Telecommunications (#0837) has requested that all locally registered companies...
Understanding Mediation & Arbitration in Cambodia
Mediation and arbitration are a part of conducting business in Cambodia. Its also been recognised by legal firms and the National Commercial Arbitration Centre...
Clevereen and Belaws Partner to Offers Clients Gateway to Metaverse
Clevereen and Belaws have entered a partnership which will enable them to offer clients packages to enter the metaverse.
Belaws has had a presence...
Confluences – Business Evolution in Cambodia
We recently sat down with Soreasmey Ke Bin, who is the founder and CEO of Confluences, as well as the Chairman of the French...
Cambodia Public Holidays 2022
Cambodia will see a total of 21 public holidays in 2022 which are spread across 15 national, cultural and religious festivals.
Public Holidays in Cambodia...
Non-resident e-Commerce Providers VAT 2021 Deadline
In accordance with the Cambodian General Department of Taxation (GDT) changes to VAT, non-resident e-commerce providers supplying digital products or services or any e-commerce...
Buying property in Cambodia
We look at what you need to know to buy a property in Cambodia, whether as a Cambodian citizen or as a foreign national...
E-Commerce VAT Tax Prakas
The details of the E-Commerce VAT Tax Prakas have been outlined by Cambodian legal firm DFDL. In April 2021 Sub-decree No. 65 S.E on...
Andersen Global Enters Cambodian Market
International legal and tax professional firm Andersen Global has partnered with VDB Loi to enter the Cambodian and Southeast Asian markets.
The international association of...
Cambodia Ends ‘Roll-Over Sunday’ Public Holidays
The Minister of Labour and Vocational Training has confirmed that public holidays that fall on a Sunday, will no longer be carried over to...
Is Cambodian International Tourism Likely to Re-open in 2021?
As Q4 2021 approaches, there has been increasing speculation in the Cambodian media and online that international inbound tourism to Cambodia may re-open before...
How to apply for Cambodian Family & Residence books, ID cards
The process for Cambodians and foreign nationals who hold Cambodian citizenship to renew and/or apply for Family and Residence books, as well as Cambodian...
Nearly 600 Foreigners Obtained Cambodian Citizenship from 2020-2021
A report by the Cambodia China Times suggests nearly 600 foreigners have received their Cambodian citizenship between June 2020 and mid-2021. More than 500...
Cambodia’s Digital Economic Plans
Between 2020-2021, the Cambodian Government has launched a number of digital economic initiatives, online platforms and its official digital plan for the Kingdoms' economic...
What does the curfew mean for Phnom Penh?
Phnom Penh was the first hotspot in Cambodia to have a curfew enforced under a new sub-decree that was signed on 31 March 2021....
Intellectual Property Protection in Cambodia
To mark World Intellectual Property (IP) Day on April 29 2021, the United States Embassy in Phnom Penh held an online webinar to discuss...
COVID City Colour Zones in Cambodia
The new city map zones which were released on April 26 2021 by Phnom Penh municipal governor Khuong Sreng, details the red, yellow and...
Cambodian Trademark Registrations Increased in 2020
The Cambodian Ministry of Commerce reported that local and international companies registered 7,997 trademarks in 2020. This represents an increase of 30 per cent...
Cambodia adds VAT to E-Commerce Transactions
The Cambodian government has announced that with the introduction of Sub-decree No. 65 S.E on the Implementation of Valued Added Tax on E-Commerce (“Sub-decree...
2021 Foreign Employee Work Permit Applications Extended
The Ministry of Labour and Vocational Training (MLVT) confirmed that the Foreign Employee Work Permit Applications have been extended until 31 May 2021.
The extension...
MoT waives 2021 Tourism license renewal fees
The Ministry of Tourism (MoT) announced it will waive fines for late renewals and will not charge for the renewal of 2021 tourism-related business...
2020 Casino Tax Collection Drops by More Than 50 percent
The Cambodian Ministry of Economy and Finance has confirmed that casino tax collections for 2020 dropped to $40 million in 2020, less than 50...
GDT Asked to Delay Income Tax 2020
As many as nine international business chambers in Cambodia have asked the General Department of Taxation (GDT) to extend the deadline for filing the...
Producers to measure beer and non-alcoholic beverage sales
In January 2021, the Ministry of Economy and Finance issued Prakas No. 010 on “the Local Manufacturers Obligation to place devices for measuring the...
Cambodian ranking on 2020 Corruption Perception Index
Cambodia ranked one place better on the 2020 Corruption Perception Index but was still the worst-ranked of the ASEAN nations.
The Transparency International’s (TI) Corruption...
Data automation system links GDT and GDCE
The Cambodian General Department of Taxation (GDT) and General Department of Customs and Excise (GDCE) launched their data automation system which is intended to...
Medical Check-ups for Employees in Cambodia
All employees in Cambodia are meant to undergo medical health checkups. While foreign workers are required to do so annually to renew their work...
Cambodia’s GDT close to 2020 collection target
Cambodia's General Department of Taxation (GDT), confirmed this week that it had collected 95 per cent of its annual revenue collection target for 2020,...
Cambodian Law on the Management of Integrated Resorts and Commercial Gambling...
The Cambodian government has implemented the new Law on the Management of Integrated Resorts and Commercial Gambling (LMCG) this past week, confirmed Deputy Director...
Cambodian business registrations 2020
As of October 2nd 2020, more than 1,360 applications have been approved via the Cambodian online business registration. The Cambodian government launched the online...
Acclime Cambodia Consulting and Advisory Services
Hong Kong-based corporate services provider Acclime has acquired Phnom Penh firm BSE Accounting Co Ltd. and has rebranded it as Acclime Cambodia.
In local media...
Cambodia Craft Brewery Industry
The craft beer industry is growing rapidly, especially in SEA, and the number of local Cambodian craft brewers has grown exponentially in a short...
Cambodia to update Immigration Laws in 2021?
A Cambodian ministry working group is currently drafting a new law on immigration to manage foreigners in the SEA country. New Cambodian Immigration Laws...
NCAC reviewing Cambodian arbitration rules
The National Commercial Arbitration Centre (NCAC) is currently reviewing the Cambodian arbitration rules which have been in place since 2014, local media reported this...
Restrictions on business travellers to Cambodia set to ease
The Cambodian Royal Government has announced the loosening of travel restrictions to Cambodia under COVID-19, which makes it easier for business visa holders to...
Cambodia Withholding Tax (WHT) Rates 2020
The Cambodian government, through the Ministry of Economy and Finance (MEF) has issued Prakas (regulation) no. 525 in late June 2020 on the new...
How To Obtain Cambodian Citizenship
Obtaining Cambodian citizenship may not have crossed your mind just yet, but becoming a national of the Kingdom of Wonder does have its advantages....
FPCS to be enforced from July 2020
Foreigners must register on the FPCS (Foreigners Present in Cambodia System) app with failure to do so resulting in visas not being extended after...
Cambodian Antitrust and Competition draft law near approval
The Cambodian Ministry of Commerce says the government will finalise a draft law on Antitrust and Competition, and submit it to the National Assembly...
Cambodian Tax Rates 2020
The Cambodian Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia in 2020.
According to a...
Foreigners Present in Cambodia System (FPCS)
A new electronic form via an app called the Foreigners Present in Cambodia System (FPCS) has been rolled out in Cambodia to record data...
Small businesses urged to apply for tax incentives
The General Department of Taxation is calling on small and medium-sized enterprise operating in a number of prioritised industries to apply for tax incentives...
Tax Collection Up 17.5 Percent
The General Department of Taxation collected $1.69 billion in tax revenue during the first nine months of the year, an increase of more than...
Cambodia tax alert: Interest rate rules on related party loans
On 10 October 2017, The Kingdom of Cambodia’s Ministry of Economy and Finance issued Prakas No. 986, a transfer pricing regulations that provides guidelines...
GDT Asks Citizens To Report Corruption
The General Department of Taxation (GDT) on Monday encouraged citizens and firms to file complaints against officials who demand additional money when collecting tax...
Admission to Cambodian Bar Association
On 19 March 2018 the Bar Association of Cambodia approved Sciaroni & Associates' senior partner’s application to be admitted as an attorney to practice...
EuroCham Holds Tax Forum In Siem Reap
Eurocham Cambodia held Friday another edition of its prestigious tax forum in Siem Reap, an event that allowed members of the private sector to...
EuroCham Holds Second Tax Forum
Following the success of the first Tax Forum held by EuroCham Cambodia in September last year, the second annual Tax Forum will take place...
Property Insight: Land Title Transfer Process
Sciaroni & Associates legal advisor Kiri Sereyrath helps explains the process for transferring land titles in Cambodia.
After execution of the sale and purchase agreement entered into...
Companies Reminded To Submit Foreign Worker Quota Requests
The Ministry of Labour and Vocational Training has recently issued an announcement which reminds owners or directors of enterprises and establishments falling under the...
Cambodia, Thailand Reach Tax Deal
Cambodia and Thailand yesterday agreed to seek more strategies to boost bilateral trade, cross border development and investment to achieve the target of $15...
First Cases Settled By Commercial Arbitration Body
For the first time in Cambodia, commercial disputes have been resolved using an independent arbitration panel instead of the Kingdom’s court system.
Ros Monin, president...
Government Clarifies Minimum Tax Exemption
The Ministry of Economy and Finance has issued guidelines on how taxpayers who satisfy its accounting guidelines can obtain a minimum tax exemption.
One year...
MOI Notice On Compliance With LANGO
On 4 July 2017, the Ministry of Interior (MOI) issued a Notice, which noted that some local associations (LAs) and NGOs have yet to...
Legal Matters: Creating a Cohesive Workplace Environment
“Employees do not work merely for salary. They are contributing their expertise and service to ensure smooth operations within the work place.”
Vo Vanarith, head...
Tax Insight: Implementation For VAT On Nontaxable Supplies
On 25 May 2017, the General Department of Taxation (GDT) issued Prakas No. 559 relating to VAT for non-taxable supplies in accordance with Article 57...
One Window Service Launched For Tax, Customs
The Ministry of Economy and Finance has officially launched a single window service to streamline work across several departments. The service is intended to...
The Construction Permit Process in Cambodia
With the help of Kiri Sereyrath, a legal associate at Sciaroni & Associates, we find out more about construction permits in Cambodia, in regards...
Professional Organisations Under Cambodia’s Trade Union Law
The Trade Union Law (TUL), initially drafted in 2008, was discussed over an eight-year period at numerous consultative meetings involving the tripartite parties: government...
Tax Insight: Rights And Obligations During Complaints Resolution
The General Department of Taxation (GDT) issued Notification Number 7374 on May 4, entitled "Rights and Obligations of Taxpayers or Withholding Agents in Tax Complaints Resolution".
GDT...
Maximum Concession Period In Laos Cut To 50 Years
In a move aimed at maximising investment benefits for the local economy, the Laos government has amended its Investment Promotion Law to cut the...
Retroactive Fees Dropped During April For Work Permit Applications
Foreigners employed in Cambodia who missed the March 31 deadline to register for a work permit have been given a remarkable reprieve by the Ministry of...
Labour Ministry Adds April For Foreigner Work Permit Registration
In a similar move to the one pulled recently by the General Department of Taxation, whereby they issued a last-minute month-long extension to their...
GDT Issues Late Extension To Annual Tax Filings Deadline
The General Department of Taxation (GDT) has made an unprecedented last-minute move to grant a one-month extension to its traditional March 31 deadline for...
Thailand Named In President Trump’s US Trade Hit List
US President Donald Trump singled out Thailand – along with Vietnam, Indonesia and 13 other countries – when he announced the signing of two...
Getting A Last Will And Testament Written In Cambodia
There is no avoiding the crude reality, we are all going to expire at some point. When we do, we better had got our...
Insiders Suggest Investment Fund For Cambodian Bourse
Industrial insiders and experts on the Kingdom’s nascent stock market have suggested the government set up a fund as an investment vehicle designed to...
Working With Cambodia’s Numerous Official Public Holidays
Like it or not, Cambodia is one of the most festive places on Earth, with over two dozen public holidays every year. In 2017,...
Everjobs Report Finds Top Skills For Accounting & Finance Positions
A recent report from online career platform everjobs Cambodia has revealed the skills that are most demanded from employers in the Accounting & Finance...
Government Offers SME Tax Breaks For Tax Compliance
Sweeping tax incentives are being offered by the Cambodian government to small- and medium-sized enterprises (SMEs) in an attempt to bring them into the...
Employment Policies Under The Cambodian Labour Law
The Cambodia Labour Law of 1997 outlines employment relations resulting from employment contracts performed in Cambodia. The law applies to contracts for employment in...
2017 Patent Tax Filing And Payment Obligation
The General Department of Taxation has reminded and updated all registered taxpayers on their obligation to submit and remit Patent Tax for 2017 as...
Request For VAT Input Credit And Use Of Sequential Invoice Numbers
On 20 December 2016, the General Tax Department (GDT) issued Instruction No. 21406 relating to Requests for VAT Input Credit in accordance with Article...
Cambodian Auditors Given Sharper Tools To Fight Tax Cheats
Government auditors have been given a clearer authority to access individual and corporate financial data thanks to an amendment in the tax code, which...
Investment Insight: Listing on the Cambodia Stock Exchange
The Cambodia Stock Exchange (CSX) is one of the youngest and smallest stock exchanges in the world and is the national stock exchange of Cambodia.
Who has listed...
Cambodia Signs Agreement To Protect European Patents
The Ministry of Industry and Handicrafts signed a new validation agreement with the European Patent Office (EPO) yesterday that will see Cambodia become the...
New Cambodian Law To Crack Down On Unscrupulous Businesses
All the chapters of the draft consumer protection law have been completed by the Ministry of Commerce (MoC) and will soon be submitted to the...
Cambodian Customs Revenue Up Despite ASEAN Trade Tax Losses
An increase in Cambodia's annual customs revenues has been reported even though $150 million was lost in tax last year due to the ASEAN Free...
Tax Insight: Amendments That Will Impact Your Business In 2017
The Law of Financial Management 2017 contains a number of amendments to the Law on Taxation set to take effect this month. With the help...
