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...
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...
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...
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...
First Tax Service Agent Licences Granted By Government
The Cambodian government made another significant step towards the professionalisation of its tax industry yesterday by issuing 43 tax service agent licenses to individuals...
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...
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...
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...
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...
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...
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...
The National Commercial Arbitration Center
Due to Cambodia’s growing economy, more and more companies are registering in the Kingdom every year. As with any increase in commercial transactions there...
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...
Commercial Arbitration In Cambodia
Cambodia launched the National Arbitration Centre (NAC) on March 4th 2013 and it is hoped that the launch will boost both local and international...
Talking Legal With Bretton Sciaroni
The B2B team sits down with founder and senior partner at Sciaroni & Associates, Bretton Sciaroni. We discuss taxation law, accountancy practice and ASEAN...
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),...
New Online System To Manage Foreign Workers, Prakas No. 352 KB/BrK
The Ministry of Labor and Vocational Training (MLVT) will launch a new online system to manage foreign workers in the upcoming days, as set...
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...
New Tax License Law To Come Into Effect In January
As part of the country’s efforts to revamp its tax administration, the General Department of Taxation (GDT) has established a new system to govern...
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...
The Certification Mark, HBS Law
The Ministry of Commerce (MoC) has introduced a procedure to register, protect and manage a new type of mark in Cambodia called a Certification...
More Industries To Benefit From Tax Exemption On Fringe Benefits
The government has extended the fringe benefit tax exemption to several new industries, removing a 20-percent tax that employers were required to pay on...
Cambodia’s New Online Work Permit System Slammed
The Ministry of Labour’s new online work-permit application and issuance system, which was established in September through a public-private partnership with E-Solutions (Cambodia) Co...
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...
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...
AEC Awakes
Did we wake up in a different world on January 1, 2016? Indeed, that date marks the beginning of the ASEAN Economic Community (AEC)...
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...
MEF Announces Visit To Businesses To Gather Tax Data
Beginning this month, the Ministry of Economy and Finance (MEF) intends to visit all businesses in the capital to collect some basic documentation and...
Cambodian Tax Factsheet Circular No.1707
Sciaroni & Associates is pleased to offer translation of Prakas 1707 recently issued by the General Department of Taxation. Subject to clarification from taxing...
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...
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...
Getting Tough On Tax
Cambodia's tax system is undergoing a huge overhaul as the country gears up for the launch of the ASEAN Economic Community (AEC 2015), the...
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...
How Businesses Resistance To IT Change Undermines Productivity
In the 1960s-80s business software systems were built by people who at the time thought that, with the rate at which technology was advancing,...
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...
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...
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...
Resolving Labour Disputes Swiftly, Amicably
To deepen our understanding of labour disputes in Cambodia and the process of resolving them, the B2B team sits down with Men Nimmith, the...
Tax Revenue Up 18 Percent
The Department of Taxation (GDT) collected $829 million in tax revenue during the first half of 2016, an increase of 18 percent over 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...
Anthony Galliano On Cambodia’s Tax System and Accounting Standards
This week we learned that Cambodia’s businesses are generally performing poorly when it comes to applying international accounting standards. A recent study by the...
New IP Body Seeks Cooperation With Government
The Intellectual Property Association of Cambodia (IPAC) officially launched last week with 58 intellectual property agents and lawyers among its ranks. The aim of...
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...
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...
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...
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...
Online Quota And Work Permit Registration For Foreign Workers, HBS Law
On 17 August 2016, the Ministry of Labor and Vocational Training (MLVT) issued Prakas No. 352 on Using Online Labor Centralized Management System. This...
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...
GDT Announces Window For Road Tax Compliance
The General Department of Taxation (GDT) announced this week that it will collect annual road tax payments from July 1 until November 30.
All vehicles—except...
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...
Khmer Accountants Step Up Their Game
Accounting standards in Cambodia continue to improve as the highest ever intake of Khmer students pass global body for professional accountants ACCA exams.
There are...
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...
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...
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...
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...
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...
Accounting Standards Poor Across The Kingdom: Study
A recent study to measure compliance with Cambodia’s Law on Accounting and Auditing found few companies are willing to share information about their accounting...
Asean Ipr Sme Helpdesk Opens Its Doors
The European Chamber of Commerce in Cambodia in partnership with the ASEAN IPR Helpdesk and the European Chamber of Commerce in Indonesia organized a...
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...
Faster Set-Up For Business
The tightening up of rules and introduction of new regulations in Cambodian law is helping business to boom across the Kingdom, claim industry insiders.
Government...
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...
Gov’t Issues Prakas On Fines For Violations Of Labour Law
The Ministry of Economics and Finance issued Prakas No. 659 on Monetary Fines for Violations of the Labour Law, dated June 6, 2016.
The Prakas sets...
Cambodian Construction Standards Rising
As a construction professional working in Cambodia, Bernie Durkin, General Manager at YellowTree Interior Co., Ltd, is seeing a general shift in the safety...
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...
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....
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 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...
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....
Cambodia Launches Arbitration Body
Cambodia officially launched the long-awaited National Arbitration Center (NAC) on Monday, aiming at enhancing business environment and attracting more local and foreign investors.
Speaking at...
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...
Arbitration Body Considers Third Case
The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking only the third time that a commercial dispute has been brought...
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...
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,...
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...
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...
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...
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...
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...
Resolution Through Arbitration
Increase in labour disputes is due to the growth of industries and economic development. The Arbitration Council is a national institution that is responsible...
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...
Banking And Finance In Cambodia
Despite the recent decline in world economic growth, the National Bank of Cambodia (NBC) reported reduced inflation and a stable exchange rate in its...
Deadline Looming To Submit Foreign Worker Quota Requests
If you are the owner or director of a company in Cambodia and you wish to employ foreigners for more than a tenth of...
Work Permits And Employment Cards For Foreigners In Cambodia
Speculation has been ongoing with regards to the enforcement of work permit requirements for foreigners employed in Cambodia. Acknowledging the lack of both clarity...
NCAC Considers Second Case
The National Commercial Arbitration Centre (NCAC) — the only third-party commercial dispute resolution body in the Kingdom — has recently received its second case.
Brought...
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...
The Garment Industry In Cambodia
Cambodia’s garment industry has seen significant growth recently. According to data from the Ministry of Commerce, exports of garment and textile materials rose by...
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...
Notification No. 039 On The GDT Visiting Enterprises To Collect Information,...
The Ministry of Economy and Finance issued Notification No. 039, dated 21 July 2016 on Visiting Enterprises to Collect Enterprises’ Information in Phnom Penh...
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...
Companies Must Re-register Online By 31 March
The Ministry of Commerce (MoC) recently introduced an automated online business registration system intended to streamline the incorporation process and make it more accessible and transparent....
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...
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...
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...
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...
Income-Tax Threshold To Rise From $200 To $250
The National Assembly is currently reviewing a draft legislation that would raise the lowest taxable income threshold from $200 to $250.
The proposed tax...
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...
Improving Efficiency In The Workplace: Benaim
Entrepreneur, trainer and chartered accountant David Benaim explains the importance of following proper accounting practices, the meaning of visualised business intelligence, and gives us...
Sciaroni Explains Prakas No. 496 On Tax Registration
The Ministry of Economy and Finance issued Prakas No. 496, dated 6 April 2016 on the Tax Registration (“Prakas 496”). The purpose of Prakas...
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...
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...
