Business Reforms in Cambodia

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2012:

Positive Getting Credit:

Cambodia strengthened its credit information system through a new regulation allowing credit bureaus to collect and distribute positive as well as negative credit information.


DB2011:

Positive Trading Across Borders:

Cambodia eliminated preshipment inspections, reducing the time and number of documents required for importing and exporting.


DB2010:

Negative Paying Taxes:

A social security contribution of 0.8 percent of the monthly average wage was introduced, with a cap of KHR 1 million (about $250).


DB2009:

Positive Getting Credit:

A new secured transactions law made Cambodia the world’s top reformer in getting credit in 2007/08. The new law allows movable property to be used as collateral. And an online unified collateral registry is now in operation.


Positive Resolving Insolvency:

The 2007 Bankruptcy Law was adopted, its Cambodia's first ever regulating the bankruptcy of private enterprises. The law introduces a reorganization procedure to restructure insolvent companies.


Reform Summaries


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