Taxation

Cambodia’s once-booming appeal as a destination for foreign investment appears to be facing growing turbulence as US trade pressure intensifies and tax compliance becomes a make-or-break issue for businesses, industry leaders warned this week. ...

British ambassador to Cambodia Dominic Williams has highlighted the crucial role an effective taxation system will play in supporting Cambodia’s economic growth, particularly as the country looks ahead to its Vision 2050. ...

The Cambodian government has set a goal to exit the group of Least Developed Countries (LDCs) by the end of 2029. ...

The US proposal to impose a 49% “reciprocal” tariff on Cambodian exports has sparked concerns among industry insiders, as the economy faces the uncertainties they brings to the Kingdom’s key export industries. ...

The Ministry of Commerce issued a statement on the evening of April 23, confirming that Cambodia has been and will continue to strictly implement all international trade measures, obligations and commitments made since becoming a member of the World Trade Organization (WTO). ...

Senate president Hun Sen remarked that he observed elderly Cambodians joyfully dancing and celebrating during the recent Khmer New Year, showing little concern over recent US tariff hikes, “except for uninformed analysts”. ...

Starting in June, the US will enforce new tariffs — some exceeding 3,500%—on solar panel imports from Cambodia, Thailand, Vietnam, and Malaysia. ...

As part of Prime Minister Hun Manet’s plans to negotiate the last-minute 49 per cent blanket tariffs placed on Cambodian imports by US President Donald trump,  two senior officials are now on standby for a rapid departure to the US. ...

Prime Minister Hun Manet has explained how the US increase in import tariffs on goods demonstrates that the US has been and continues to incur significant losses from importing goods from many countries around the world, as reflected through its trade deficit. ...

U.S. President Donald Trump on Wednesday announced sweeping reciprocal tariffs, hitting Cambodia with a 49% rate set to take effect April 9. The news broke on Thursday morning in Phnom Penh, sending officials and industry leaders scrambling to make sense of the tariffs. ...

Several government officials – and private sector representatives – have shared their belief that Cambodians should not be overly concerned about US President Donald Trump’s announcement that the Kingdom will be subject to 49% “Reciprocal Tariffs”. ...

Trump’s newly announced “reciprocal tariffs” appear to be based on a formula that relies on the trade imbalance between the US and its partners, rather than any real-world tariffs or duties imposed by other nations. ...

US President Donald Trump has announced a 49% tariff on goods imported from Cambodia, the highest rate of the numerous tariffs he announced this morning, Cambodia time. ...

The efficiency of Cambodia’s logistics sector is expected to improve following the signing of a memorandum of understanding (MoU) between the General Department of Customs and Excise of Cambodia (GDCE) and DHL Express (Cambodia) Ltd. ...

Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...

The Royal Government is working to enhance the country’s investment climate by negotiating Double Taxation Agreements (DTAs) with six countries in the region and Europe. ...

Regional legal consultancy, DFDL Cambodia, recently released its inaugural 2024/2025 Customs Guide, a comprehensive overview of Cambodian custom’s law and practice that seeks to assist import and export businesses in navigating Cambodia’s dynamic trade and customs landscape. ...

The General Department of Taxation (GDT) has attributed the significant growth in tax revenue collection since 2014 to the implementation of technology solutions. ...

Prime Minister Hun Manet has unveiled plans to scrap taxes for small businesses earning less than 250 million riels, with calls being made to implement the measure and ensure businesses understand it. ...

Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...

The Ministry of Economy and Finance (MEF) has issued guidelines and procedures for implementing the sub-decree aimed at encouraging individuals and businesses operating in the informal economy to comply with tax obligations. ...

The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...

Phnom Penh, Cambodia The Ministry of Economy and Finance has announced the formation of a Special Tax Audit Unit, designed to address taxpayer concerns more efficiently. This new unit, which holds departmental status, will operate under the General Department of Taxation’s jurisdiction. ...

The Ministry of Economy and Finance (MEF) and the development partners recently reviewed the implementation process of the revenue collection strategy along with the non-tax revenue management reform and the state property management policy to strengthen pubic financial efficiency and sustainability. ...