- Launch of CamInvoice: Cambodia’s national e-invoicing platform, CamInvoice, will officially launch on May 12, 2025, requiring all e-invoices to be approved by the General Department of Taxation (GDT) to enhance tax oversight and reduce evasion.
- Gradual Implementation Timeline: The rollout will occur in three phases: groundwork and early adoption (2024-2025), expansion to subnational entities and specific businesses (2026), and full compliance for all government entities and a wider range of businesses by 2027.
- Operational Benefits for Businesses: Early adoption of the e-invoicing system can lead to significant cost savings, improved cash flow management, streamlined integration with existing ERP systems, and enhanced compliance through real-time validation, ultimately fostering a more transparent economy.
Source RTCsuite
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Cambodia"
- Cambodia Extends VAT Exemption on Basic Food Items Until 2028 to Ease Living Costs
- Cambodia to Exempt VAT on Locally Produced Food from 2026 to 2028
- Cambodia Extends VAT Exemption on Essential Local Food Items Until 2028 to Ease Living Costs
- Cambodia Expands Mandatory E-Invoicing to Six More Ministries Under Circular No. 012
- US Trade Deals with Cambodia and Malaysia: Will VAT Regimes Change for US Companies?
