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Cambodia is a Southeast Asian nation whose landscape spans low-lying plains, the Mekong Delta, mountains and Gulf of Thailand coastline.
Phnom Penh, its capital, is home to the art deco Central Market, glittering Royal Palace and the National Museum's historical and archaeological exhibits.
In the country's northwest are the ruins of Angkor Wat, a massive stone temple complex built during the Khmer Empire.


Country Name Cambodia
Location Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos
Map Reference : Southeast Asia

total: 181,035 sq km

land: 176,515 sq km

water: 4,520 sq km

Capital Phnom Penh
Language Khmer (official) 96.3%, other 3.7% (2008 est.)
Population 16,449,519 (July 2018 est.)
Ethnic Groups Khmer 97.6%, Cham 1.2%, Chinese 0.1%, Vietnamese 0.1%, other 0.9% (2013 est.)
Religion Buddhist (official) 97.9%, Muslim 1.1%, Christian 0.5%, other 0.6% (2013 est.)
Climate tropical; rainy, monsoon season (May to November); dry season (December to April); little seasonal temperature variation
Time Difference UTC+7 (12 hours ahead of Washington, DC, during Standard Time)
Country Code 855
Internet Country Code .kh
Currency Riels (KHR)





Cambodia’s economic freedom score is 57.8, making its economy the 105th freest in the 2019 Index. Its overall score has decreased by 0.9 point, with a steep decline in trade freedom and a lower fiscal health score overwhelming improvements in labor freedom and judicial effectiveness. Cambodia is ranked 22nd among 43 countries in the Asia–Pacific region, and its overall score is below the regional and world averages. Through its “One Belt, One Road” program, China’s influence in Cambodia will continue to grow as it finances major infrastructure projects without making Western-style demands for domestic policy reforms. The economically crucial garment sector is gradually losing its regional cost-competitiveness and has lost tariff-free access to the European Union because of the government’s continuing crackdown on the political opposition. Weak property rights and pervasive corruption continue to constrain economic freedom, and institutionalization of a more independent judiciary remains a key area for reform.


Nominally a democracy, Cambodia has been ruled by former Khmer Rouge member and now Prime Minister Hun Sen since 1985. Hun Sen’s Cambodian People’s Party (CPP) implemented an unprecedented crackdown against the opposition Cambodia National Rescue Party (CNRP) in the lead-up to local elections in 2017 and formalized Cambodia’s status as a one-party state in the 2018 national elections. CNRP leader Kem Sokha is imprisoned, and the party itself was banned and dissolved by the Cambodian Supreme Court. Media have been censored, and civil society groups have been repressed. The economy is still heavily dependent on tourism and the garment industry. More than half of the labor force is engaged in subsistence farming, and Cambodia remains one of Asia’s poorest countries.

Foreign Investment

Ease of Doing Business

Cambodia is ranked 138 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Cambodia deteriorated to 138 in 2018 from 135 in 2017. Ease of Doing Business in Cambodia averaged 136.09 from 2008 until 2018, reaching an all-time high of 145 in 2009 and a record low of 128 in 2015

Foreigner Incorporation

Starting a Business

Legal form Private Limited Liability Company
Paid-in minimum capital requirement KHR 4,000,000
City Covered Phnom Penh

No Procedures Time to Complete Associated Costs

Conduct an initial check for uniqueness of the company name and Obtain company name approval at the Business Registration Department

Agency: Business Registration Department, Ministry of Commerce

1 week KHR 40,000

Incorporate the company with the Business Registration Department in Ministry of Commerce

Agency: Business Registration Department, Ministry of Commerce

1 month KHR 1,680,000

Make a company seal

Agency: Sealmaker

1 day USD 15

Open a bank account, deposit the legally required initial capital and obtain deposit evidence

Agency: Bank

1 days No charge

Have registration documents stamped and approved, register for TIN, Patent tax and VAT tax

Agency: General Department of Taxation

1 month USD 100

Notify the Ministry of Labor of the start of operations and hiring of employees

Agency: Ministry of Labor

1 month KHR 280,000 (for 8-100 employees) - see procedure details

Submit company original statutes and capital deposit evidence at the Business Registry

Agency: Business Registration Department in Ministry of Commerce

1 day (simultaneous with previous procedure) No charge

Receive inspection from Labor Inspector

Agency: Ministry of Labor and Vocational Training

1 day (simultaneous with previous procedure) included in procedure 6

Register at the National Social Security Fund

Agency: National Social Security Fund

2 weeks (simultaneous with previous procedure) No charge

Source :

Tax system

Only Corporate Tax and Value Added Tax

Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 20.00 20.00 %
Personal Income Tax Rate 20.00 20.00 20.00 20.00 %
Sales Tax Rate 10.00 10.00 10.00 10.00 %

Source :

The Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year.

The Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends.

The Sales Tax Rate (VAT) is a tax charged to consumers based on the purchase price of certain goods and services.

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