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 the benefits offered to employees. T...
Oct, 10 2016
Boosting Efficiency At The Workplace: Q&A With David Benaim
David Benaim is the founder of local consulting firm Xlconsulting, which specialises in IT and accounting solutions for small businesses and NGOs. Besides being a chartered accountant, Benaim is a Mic...
Oct, 05 2016
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 mandate, but stressed that multiple chall...
Sep, 22 2016
The Certification Mark, HBS Law
The Ministry of Commerce (MoC) has introduced a procedure to register, protect and manage a new type of mark in Cambodia called a Certification Mark (CM) . The CM can be a name, sign, logo or th...
Sep, 19 2016
Online Quota And Work Permit Registration For Foreign Workers, HBS Law
On 17 August 2016, the Ministry of Labor and Vocational Training (MLVT) issued Prakas No. 352 on Using Online Labor Centralized Management System. This Prakas introduces a new system for investors, co...
Sep, 02 2016
New Online System To Manage Foreign Workers, Prakas No. 352 KB/BrK
The Ministry of Labor and Vocational Training (MLVT) will launch a new online system to manage foreign workers in the upcoming days, as set out in Prakas No. 352 KB/BrK. The new system, kno...
Aug, 30 2016
New IP Body Seeks Cooperation With Government
The Intellectual Property Association of Cambodia (IPAC) officially launched last week with 58 intellectual property agents and lawyers among its ranks. The aim of the organisation is to help th...
Aug, 22 2016
Arbitration Body Considers Third Case
The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking only the third time that a commercial dispute has been brought before the young dispute resolution body.&n...
Aug, 17 2016
Notification No. 039 On The GDT Visiting Enterprises To Collect Information, Sciaroni & Associates
The Ministry of Economy and Finance issued Notification No. 039, dated 21 July 2016 on Visiting Enterprises to Collect Enterprises’ Information in Phnom Penh to Justify Tax Registration (“Notification...
Aug, 11 2016
Anthony Galliano On Cambodia's Tax System and Accounting Standards
This week we learned that Cambodia’s businesses are generally performing poorly when it comes to applying international accounting standards. A recent study by the National Accounting Council (N...
Aug, 05 2016
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 practices; among those that do, th...
Aug, 03 2016
MEF Announces Visit To Businesses To Gather Tax Data
Beginning this month, the Ministry of Economy and Finance (MEF) intends to visit all businesses in the capital to collect some basic documentation and gather statistical data that will help them...
Aug, 01 2016