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Cambodia: Tax relief for garment, tourism sectors

Cambodia: Tax relief for garment, tourism sectors

The Ministry of Economy and Finance on 25 February 2020 issued guidance directing the tax department to implement measures to support the garment and tourism sectors—in particular, in light of the effects of the coronavirus (COVID-19) outbreak.


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For the garment sector, a “tax holiday” for a period ranging from six months to one year is being provided, in part to address certain factors include a lack of production raw materials.

Regarding the tourism sector, tax relief is being made available to taxpayers conducting hotel businesses in the Siem Reap province (Angkor Wat) in the form of an exemption from all monthly taxes for the period February to May 2020 as well as an exemption from “comprehensive tax audits” for the 2020 tax year. Taxpayers must still comply with their monthly tax return declaration obligations and use the online value added tax (VAT) management system as well as declare and pay their annual 2019 tax on income.

Finally, an exemption from stamp duty is being made available with regard to certain transfers of immovable residential property having a value of U.S. $70,000 or less.

Read a March 2020 report [PDF 127 KB] prepared by the KPMG member firm in Cambodia 

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