According to the General Department of Taxation, China has been Cambodia’s top source of foreign direct investment in the construction sector for nearly 30 years, from 1994 to the present. There are numerous other industries and sectors.

At a press release issued by the General Department of Taxation on June 9, Chinese direct investment has been among the world’s top foreign direct investments from 1994 to the present. Agriculture and agro-industry are major sectors, as are industry and manufacturing, construction, tourism, and services and infrastructure.

Mr. Kong Vibol, Director General of the General Department of Taxation, encouraged Chinese investors and enterprises to become major taxpayers at a meeting of the General Department of Taxation “China-Cambodia Chamber of Commerce” on June 9 and the small, medium-sized taxes help to meet tax obligations. Separately, those who have not yet registered for tax should do so and fulfill their tax obligations in accordance with the current tax laws and regulations.

The General Department of Taxation and the China-Cambodia Chamber of Commerce applauded and agreed to continue good cooperation in sharing information, strengthening cooperation, partnership, and providing better tax services in order to reduce the maximum number of challenges.

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