Cambodia Tax Regulation Update-June 2020
The Ministry of Economy and Finance (MEF) promulgated Prakas No. 525 on June 19, 2020, which aims to reduce the withholding of withholding when the Cambodian banks and microfinance institutions ("MFI") pay domestic and overseas interest payments Tax ("WHT
2021
25
Aug
A must-see when entering Cambodia in the near future
2021-08-25

This service account insists on originality. The author is Zhang Xiaoming, partner of Zhuozhi (Cambodia) Accounting Firm, three years of multinational enterprise management experience, six years of listing audit experience, five years of entrepreneurial experience, Chinese certified public accountant (CPA), international certified public accountant (ACCA) ). Customer Service WeChat: exe5555, 0974589151

Hello, everyone, I am Wu Jianghong, a partner of Zhuozhi (Cambodia) Accounting Firm. I don’t know whether it is the responsibility or the US dollar. I ordered the flight LQ909 from Guangzhou to Phnom Penh at 02:40 on April 4, 2020. Let me share it now. Some of my experience in Phnom Penh will help you understand the process of entering Cambodia under the new "hell difficulty" entry policy. I hope it will be helpful to you.

For your better reading, let me summarize the new entry policy of Cambodia: Cambodia will take effect at 23:59 on March 30, 2020, and last for one month. 1. All foreigners' visa exemption policies will be suspended, and the issuance of tourist visas and electronic visas will be suspended. And visa on arrival; 2. Foreign citizens must have an insured amount of more than US$50,000 and the applicable scope includes Cambodia’s medical insurance during their stay in Cambodia; 3. The entry personnel shall provide a medical health certificate issued by the health authority of the home country within 72 hours, Make sure that you are not infected with the new coronavirus.

1. Visa

I applied for a one-year business visa in Cambodia in May last year, and it was valid. However, there are different opinions on whether this visa is valid. Finally, my colleague called the Chinese Embassy in Cambodia and said it was invalid. I originally booked to arrive in Guangzhou on the evening of April 3, and there is no embassy in my hometown! Therefore, the passport must be delivered to the Cambodian Embassy in Guangzhou between 12:00 on April 3, and the passport can be obtained at 19:00 before boarding.

I changed my visa, my family helped pack my luggage, and my friend drove it away. I finally arrived in Guangzhou on the evening of April 2nd. The passport will be dealt with urgently in the evening and the passport problem will be resolved.

2. Medical insurance of more than 50,000 U.S. dollars

I have never bought insurance before, thinking that buying an insurance by myself might save money and trouble, but I don’t know what to do. There is no other way, so I got the insurance policy in the picture below, the destination must be Cambodia, and the medical insurance coverage is more than 50,000 U.S. dollars. In hindsight, the insurance usually bought should not have specified overseas emergency medical insurance clauses.

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3. Medical health certificate within 72 hours

This requirement is even higher. I first ran to our local city hospital to find a friend to ask for a relationship. What I came up with was an inspection report. It said that 2019COV-RNA was not detected. It was not provided in English. This is definitely not working. So I went to Guangdong Provincial People's Hospital at noon on the 3rd, and there was still no English version. . Finally it was done. The samples were collected at noon, and the nucleic acid test report in English was obtained around 8pm.

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4.the journey

When the airline took the boarding pass, a visa, insurance policy, and health certificate (must be in English) were required. One of the passengers quarreled with the airline lady because he did not have the English version of the health certificate, and ultimately failed to get boarding. Card, this is actually good, you talked about Cambodia is not more troublesome. For temperature measurement, health declaration, security check, and boarding, there are not many people on the plane. There are cardboard boxes at the front and rear ends, which should be medical supplies. More than 50 passengers are scattered in the middle of the plane. After a three-hour flight to Phnom Penh, the staff first checks and collects the insurance policy and health certificate, and then checks the body temperature to get the visa to pass the customs normally.

In short, it is very difficult to enter Cambodia now. Try to wait for entry after the epidemic. If you must enter Cambodia, you must prepare in advance. You can consult us at any time if you have any questions.