Cambodia’s garment manufacturing industry is largely export-oriented and highly integrated into global supply chains. In this article, we briefly discuss the main characteristics of the garment manufacturing industry in Cambodia and the advantages it offers to foreign investors.
Cambodia’s garment and footwear exports rose to US$ 4 billion in the first six months of 2018. This was an increase of 11 percent and almost doubled the 6.9 percent rise recorded in the same period of the previous year.
The China-Cambodian Double Taxation Treaty (DTT) entered into force on January 26, 2018, and will be applicable to income received on or after January 1, 2019. Read our article to know about the key highlights of the treaty.
Cambodia is the first Asian country to grant validation to European patents. Read our latest article to know what requirements are to be met in order to validate patents in Cambodia.
Though relatively less developed than its neighboring countries, Cambodia presents huge opportunities for foreign investors. Read more about Cambodia’s latest FDI trends and outlook for 2018 in our latest article.
Cambodia’s two new Double Tax Agreements (DTAs) – with Singapore and Thailand – has now come into effect. The two agreements aim to clarify taxation rights and also provide for exemption of tax on certain types of income, lowering barriers to cross-border investment and encouraging bilateral trade.
Phnom Penh is endowed with several advantages for export-oriented manufacturing industries, such as access to cheap labor, and its connectivity with several well-established foreign markets. Read more in our latest article.
For expatriate workers and their employers in Cambodia, understanding the process to obtain a work visa and employment permit is essential. Read more about the various work visas and employment permits issued to expatriates planning to work in Cambodia.
Stretching from Myanmar to Vietnam, the Southern Economic Corridor (SEC) aims to further integrate the Association of Southeast Asian Nations (ASEAN). In this article, we look at the improved connectivity brought on by the SEC and how it is boosting trade and investment in Cambodia.
Cambodia is an important manufacture-for-export destination and as the country continues to comply with ASEAN-wide economic integration, opportunities for both importers and exporters will grow. In this article we explain best practices for importing into and exporting out of Cambodia.