News
Tax agency asks Japan to fast-track DTA talks
The Cambodian tax chief on May 29 asked Tokyo to speed up talks on a Double Taxation Agreement (DTA) between the Kingdom and Japan, as Customs (GDCE) reported that their bilateral goods trade closed 2022 just shy of $1.95 billion, achieving a nearly one-eighth surge ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-agency-asks-japan-fast-track-dta-talks
Cambodia, Malaysia talk tax-agency management
Cambodia and Malaysia this week discussed and exchanged ideas and viewpoints on the management practices and strategies adopted by tax agencies as well as the development of supporting systems and tools. ...
Van Socheata
https://www.phnompenhpost.com/business/cambodia-malaysia-talk-tax-agency-management
At least 444 firms okayed for Single Portal by Phase II agencies
At least 444 companies have been approved by the four second-phase agencies for registration on the Online Business Registration Platform, also known as the “Single Portal”, which observers claim has created a good environment for businesspeople, offering convenience and reducing informal costs. ...
May Kunmakara
https://www.phnompenhpost.com/business/least-444-firms-okayed-single-portal-phase-ii-agencies
GDT revenues benefit from post-Covid boost
The General Department of Taxation (GDT) announced that it collected 13.01693 trillion riel, or $3.21406 billion, of tax revenues in the first 11 months of 2022, equivalent to 113.99 per cent of the full-year target of $2.81955 billion, reflecting improvements in economic activity post-Covid-19. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-revenues-benefit-post-covid-boost
Firms enlisted in online VAT drive
The General Department of Taxation (GDT) has said it will work with 49 businesses that provide online services in Cambodia to promote the implementation of value-added tax (VAT) on e-commerce transactions, in a move that responds to the recent boom in the online market. ...
Nov Sivutha
https://www.phnompenhpost.com/business/firms-enlisted-online-vat-drive
Single Portal records 10,536 companies in just 19 months
A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single Portal, in the 19 months since its launch in mid-2020. ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-records-10536-companies-just-19-months
Tax breaks to be extended beyond reopening
The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-breaks-be-extended-beyond-reopening
Four agencies join Single Portal for new phase
The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/four-agencies-join-single-portal-new-phase