PUBLISHED: 29 November 2019

Agreement on Double Taxation with South Korea

Cambodia has signed agreement with South Korea on an agreement to avoid double taxation on income and prevent tax evasion, and that it will attract more investors from Korea to Cambodia.

To date, Cambodia has signed similar agreements with nearly ten countries, including U.S., Canada, China, Japan, Singapore, and Vietnam.

Within the first 10 months in 2019, Cambodia has collected about $2.4 billion in revenue from taxation.