This sub-decree covers foreign companies not headquartered in Cambodia, according to Cambodian media reports. This VAT on e-commerce is not a new tax. In 2019, the e-commerce was legally recognised in the country.
The companies are Meta Platforms Ireland Limited, Silverlake Structured Services SDN.BHD, Facebook Technologies Ireland, Huawei Services (Hong Kong) Co., Microsoft Regional Sales Pte., Facebook Payment International, Booking com.BV, Google Asia Pacifice Pte., Netflix Pte., Xsolla (USA), ERNST & Young (Asia-Pacific) Services, Zoho Corporation Pte., TATA Consultancy Services, Siam Makro Public Company, Mastercard Asia/Pacific Pte and TikTok Pte.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!