Other Briefings
Cambodia Raises its Income Tax Threshold
At the beginning of January, Cambodia reduced the income tax burden on workers in the country. The government has raised its tax threshold from 500,000 riel (US$125) to 800,000 riel (US$200). The previous lowest income tax bracket had begun at 500,000 riel, at a rate of five percent. This change puts approximately US$3.75 a month back into the pockets of workers in Cambodia earning over US$200 per month.
Cambodian Government Preparing Standardized Tax Reports
The Cambodian Ministry of Economy and Finance is drafting standardized accounting procedures for small and medium-sized businesses. The main goal of the draft is to streamline bookkeeping, improve tax collection efforts for the government, and make it easier for lending institutions to evaluate loans.
Cambodia Reports Strong Business Growth
According to Cambodia’s Ministry of Commerce, the number of newly registered businesses has increased by 33 percent over last year, including a strong contingent of foreign enterprises.
Cambodia-Malaysia Trade Grows Nearly 20 Percent in First Quarter of 2014
Bilateral trade between Cambodia and Malaysia during the first quarter of 2014 was up by 17.6 percent compared to the first quarter of 2013, a Malaysian official announced this week.
Cambodia Implements ASEAN Standards on Customs
The Cambodian National Assembly approved changes to the country’s customs laws last week, marking another step towards achieving deeper integration within the ASEAN region.
Cambodia Commences DTA Talks With Thailand
Cambodia, the only member of ASEAN not to have any bilateral tax treaties of its own, is moving forward to strike a double tax treaty with Thailand to better deal with increasing cross-border trade.
ASEAN-India Free Trade Area Part III: Cambodia, Brunei, Laos and the Philippines
By Alex Tangkilisan Feb. 27 – In the third part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Cambodia, Brunei, Laos and the Philippines. While the Philippines is part of the ASEAN six majors, Cambodia, Brunei and Laos are the three smallest economies in the region. […]
Thailand Implements Mandatory Reporting of Business Operator Income on Electronic Platforms
Thailand’s Revenue Department has required electronic platforms such as e-commerce and e-marketplaces to disclose their revenue from the business operators on their platforms.
An Introduction to Doing Business in ASEAN 2024 – New Publication from Dezan Shira & Associates
This Guide covers the fundamentals of investing in ASEAN, including market entry, company setup, tax and audit, and HR and payroll.
Renewable Energy Manufacturing Potential in Southeast Asia
Southeast Asia has the potential to be a global leader in renewable manufacturing while simultaneously achieving its economic growth targets.
