Accreditation Of Environmental Impact Assessment Consultant Companies In Cambodia
For businesses looking to receive accreditation as Environmental Impact Assessment (EIA) consultants in Cambodia, the Cambodian Ministry of Environment (MoE) issued Prakas 08 in...
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...
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...
Cambodian Pre-Notification Thresholds for Business Mergers
The Cambodia Competition Commission (CCC) issued a Decision on Pre-Notification Thresholds for Business Combinations (mergers) in March 2023. This sets out the thresholds for...
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...
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...
Cambodian Taxation Authorities Collaborate With Foreign Chambers Of Commerce
The General Department of Taxation (GDT) recently convened a significant meeting with representatives from the European Chamber of Commerce in Cambodia (EuroCham) and the...
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...
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...
Exploring RGX: An In-Depth Look At Cambodia’s First Licensed Digital Asset...
The financial landscape of Cambodia enters a new era with the launch of Royal Group Exchange (RGX), the nation's first licensed digital asset exchange....
NBC Continues To Explore International Cross-Payments
The National Bank of Cambodia continues to explore and sign agreements with international banks to explore digital payment and remittance options as well as...
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...
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...
Cambodia Finalises Draft Law On Commercial Court Establishment
The Ministry of Justice has completed the draft law to officially establish a Commercial Court aimed at resolving commercial disputes in Cambodia.
According to a...
Cambodia’s Industrial Relations With CAMFEBA’s Sandra D’Amico
2016 was an important year in Cambodia’s transition to an industrialised economy, with some major pieces of labour legislation coming out after years of...
Illicit Trade Has Significant Impact on the ASEAN Community Vision 2025:...
The Transnational Alliance to Combat Illicit Trade (TRACIT), in partnership with the EU-ASEAN Business Council (EU-ABC), launched a new report on the impacts of...
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...
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...
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...
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...
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...
Tax Reforms Swift But Challenges Remain, Kong Vibol
Kong Vibol, the director general of the General Department of Taxation (GDT), praised yesterday the swift tax reforms undergone in the Kingdom under his...
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...
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...
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...
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,...
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...
Collective Investment Schemes (CIS) To Register On CSX
As the relevant authorities try and push for listings on Cambodia's stock exchange (CSX), the Non-Banking Financial Services Authority (NBFSA) and Securities and Exchange...
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...
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...
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 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...
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...
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...
Law Institution To Open In Cambodia For Chinese Business Arbitration
With Chinese-Cambodian relations continuing to prosper and Chinese investments pouring in to the Kingdom, a China-ASEAN Law Cooperation Institution will be opened in Cambodia...
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...
Cambodia Launches First Blockchain Backed Digital Assets Exchange
Cambodia has recently inaugurated the Royal Group Exchange (RGX), the nation's maiden digital assets exchange. Powered by blockchain technology, this trading platform marks a...
Cambodia Public Holidays 2024
The Royal Cambodian Government released a sub-decree in August 2023 to officially announce the Cambodian public holidays in 2024. There will be 23 public...
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...
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...
What Are The Determining Factors For European Investment Into Cambodia?
A survey report released in January 2024 titled “Cambodia's Attractiveness For EU Foreign Direct Investments”, conducted by ARISE Plus Cambodia and the German Agency...
Developments In Cambodia’s Trust Sector: Exploring The Opportunities And Challenges
The American Chamber of Commerce (AmCham) in Cambodia recently organised an event on Cambodia’s evolving trust sector at the Hyatt Regency Phnom Penh, featuring...
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...
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...
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),...
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...
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...
The Potential of Investing in Cambodian Sustainable Bonds
In a recently held "The Potential of Investing in Cambodia Sustainable Bond" workshop, leading figures from the financial sector and government aimed to raise...
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...
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...
Licenced Casinos In Cambodia See Massive Decline
Cambodian Commercial Gambling Management Commission (CGMC) confirmed that by September 2023, the number of issued licenses to casinos operating in Cambodia had dropped to...
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...
Securities Exchange Regulator Of Cambodia Approves Reporting Forms For Fund Management...
In a significant development aimed at bolstering industry performance and stability, the Securities and Exchange Regulator of Cambodia (SERC) officially approved the adoption of...
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...
Textile & Apparel SEA-Cambodia Summit 2024
The Textile and Apparel Southeast Asia (SEA)-Cambodia Summit 2024, a highly anticipated event in the textile and apparel industry, is scheduled to take place...
ACLEDA Bank Takes On USD $80 Million Loan From Bank SinoPac
ACLEDA Bank, a publicly-listed financial institution on the Cambodia Securities Exchange (CSX), has recently announced that it has taken a USD $80 million long-term...
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...
Bretton Sciaroni Shares Thoughts On Tax Authority’s Current Drive
The B2B team sits down with Bretton Sciaroni, founder and partner at Sciaroni & Associates, to discuss new tax regulations, the government’s current drive...
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...
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...
Less Risk Equals More FDI, Says PPSEZ COO
Charles Esterhoy, Chief Operating Officer of Phnom Penh Special Economic Zone, says PPSEZ can relate to the Cambodian government’s current growing pains as it...
Server To Assist Government In Online Gambling Crackdown
In an attempt to prevent Cambodians from gambling, the Ministry of Economy and Finance has revealed plans for a server to manage and control...
How Does Cambodia Rank In Attracting Foreign Retirees In 2023?
Cambodia was ranked among the top countries in the world to retire by an online Nasdaq article reshared from a publication by GOBankingRates.
The article...
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...
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,...
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...
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...
ASEAN’s Digital Economy Growth Could Further Increase Cambodian Revenues
During the 2023 ASEAN Investment Forum (AIF) in Jakarta, held at the start of September, it was announced that the region's digital economy is...
Cambodian E-commerce Law Nears Completion
In Cambodia, where cash remains king, buying goods over the Internet with credit or debit cards has existed on only a very limited scale...
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...
Digital Economy Forum II 2023 Day 2: Digital Transformation For MSMEs...
On the second day of the Digital Economy Forum II 2023, key presenters offered insights on MSMEs digital transformation, cybersecurity, social protection and digital...
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...
Cambodia’s Path To Economic Formalisation
The UN Development Programme (UNDP) and the International Labour Organisation (ILO) have jointly released a comprehensive report titled 'Understanding the Paths to Formalisation in...
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...
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...
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...
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...
Collective Investment Schemes In Cambodia – Why Invest and the Importance...
Investment diversification across different asset classes would lower the risks compared to traditional investment portfolios. With the launch of the first Collective Investment Scheme...
Digital Economy Forum II 2023: Perspectives From Thailand, Laos, and Mongolia
At the Digital Economy Forum II held in Siem Reap, industry experts from other Asian nations shared their insights on digital economy opportunities in...
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...
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...
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...
AmCham Cambodia “Mid-Year Review: Real Estate and Construction Law Update” 2023
On June 23, 2023, AmCham Cambodia hosted its “Mid-Year Review: Real Estate and Construction Law Update” with 70 attendees finding out more about 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...
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...
TAX UPDATE: Tax Amnesty (Prakas 071) – With DFDL Cambodia
In this episode of B2B Cambodia’s 'Tax Update', Vajiravann Chamnan, Tax Director at DFDL Cambodia, helps us to break down all there is 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...
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...
Cambodia Key Tax Updates 2023
AmCham recently held the 2023 Tax Updates Forum and guests from DFDL and CamEd Business School discussed the key changes and updates in the...
AITA – Key Tips On US Foreign Investment and Paying Tax...
American International Tax Advisers (AITA) is a US-centric tax firm that focuses on assisting expatriates with US tax planning, consulting, and tax return preparations....
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...
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...
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...
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...
CAMGSM Plc. Completes Listing On Cambodia Securities Exchange
Cellcard (CAMGSM Plc.) successfully listed its Class A common stock on the Cambodia Securities Exchange (CSX) on June 27, 2023, following its initial public...
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...
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...
CamTech Summit 2023: QR Payments Link E-Commerce And Trust In Digital...
Supercharged by the pandemic, digital transformation has been accelerated, fuelling the shift to cashless payments and greater innovation in digital technology. Backed by a...
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...
Q&A: New Sub-Decree on Investment Law 2021
On June 26, 2023, the Royal Government of Cambodia adopted Sub-Decree 139 to implement the country's Law on Investment, which was passed on October...
