Mar 1, 2018


Work permit in Cambodia

  • Mar 1, 2018
  • Do expat need to apply for a work permit?
    Yes you DID. Now you would be able to apply for a work permits by online, Please click on this link for More info here

    It’s important to note that work permits and visas are not the same thing. In theory, although you may have gotten a year-long visa (often called a business visa), that doesn’t necessarily give you the right to work in Cambodia. In practice, Cambodia is one of the least regulated countries in the world when it comes to visas and employment, and many expats do not have the work permits that they ostensibly require.

    There are two types of work permits in Cambodia: temporary and permanent. Temporary work permits are for most regular expats and last the length of the individual’s visa. Permanent work permits are reserved for major investors and friends of people in high places.

    In order to get a work permit, your employer needs to apply for you through the Ministry of Interior. Essentially, this is entirely up to your employer, but if they do want you to have a work permit, you will have to provide the following:

     * 3 sets of Application Form as issued by the Ministry of Interior

     * Passport with valid 
     * 3 photographs (4×6), taken from the front without hat or 
     * Certificate of Health from a physician in 
     * Written work 
     * Insurance policy issued by employer or any insurance company

    You will also have to pay a fee. Although the actual amount of the fee is not stated in Prakas 555, the document concerning Cambodia’s “Management of Foreigners’ Work Permits,” it’s generally known to be $100.

    At the current time, work permits are essentially a non-issue. You do not, in practice, need a work permit to get hired at a company in Cambodia. Most expats do not have them and the government rarely asks about it. There have been more crackdowns recently–they usually last a few days and a few people are told they need to procure permits–but then everything goes back to business as usual.

    Most English schools, for example, have a small percentage of teachers with work permits that can be shown to the police when they come by to ask. The schools don’t bother to obtain permits for the rest of the staff. Although this is the case at the time of writing, it is likely that at some point in the future laws about work permits for expats will be more vigorously enforced.

    For those who are required to get one, a work permit usually costs $100 per year. However, be aware that in recent crackdowns foreigners have been required to pay $100 per year backdated for the entire time they’ve spent in Cambodia, not just the current year.

    read more

    How to applying and what do you need for a Cambodian visa???

  • What you need to apply for a visa to Cambodia:

    * A passport that is valid for at least six months and has at least one blank 
    A passport-size photo. If you don’t have this, you can pay a $2 fee and they will scan the photo from your passport.

    Where to apply for a Cambodian visa:

    At the airport. If you’re from most countries, you can get a visa on arrival at the Phnom Penh, Siem Reap, and Sihanoukville airports. You do not need to do anything in advance -- you’ll be given the paperwork on the plane and you just need to get in line on arrival with your passport photos, cash (in US dollars), and passport. There is an ATM at the airport in arrivals that dispenses US dollars if you don’t have any on hand. If you want to skip the visa line, there’s usually an official on hand who will speed you through immigration and customs for a “donation” of between $5 and $20.

    At a Cambodian embassy. If you prefer to get your visa in advance — or if you are from Afghanistan, Algeria, Bangladesh, Iran, Iraq, Nigeria, Pakistan, Saudi Arabia, Sri Lanka, or Sudan — you can visit your nearest Cambodian embassy.

    At a land border crossing. You can also apply for a visa at the following Cambodian land border crossings:

    Cambodia-Vietnam border

    1. Bavet international checkpoint: Moc Bai, Vietnam – Svay Rieng, Cambodia

    2. Kha Orm Sam Nor international checkpoint (“Chau Doc crossing”): Ving Xuong, Vietnam – Kandal, Cambodia
    3. Phnom Den international checkpoint: Tinh Bien, Vietnam – Takeo, Cambodia
    4. Trapeang Phlong international checkpoint: Xa Mat, Vietnam – Kampong Cham, Cambodia
    5. Ha Tien international checkpoint: Xa Xia, Vietnam – Prek Chak, Cambodia
    6. O’Yadaw international checkpoint: Le Tanh, Vietnam- Ratanakiri, Cambodia
    7. Trapeang Srer international checkpoint: Binh Phuoc, Vietnam – Kratie, Cambodia
    8. Banteay Chakre international checkpoint: Binh Phu, Vietnam – Prey Veng, Cambodia

    Cambodia-Thailand border

    1. Cham Yeam international checkpoint: Hat Lek, Thailand – Koh Kong, Cambodia

    2. Poipet international checkpoint: Aranyaprathet, Thailand – Banteay Meanchey, Cambodia
    3. O’Smach international checkpoint: Chong Jom, Thailand – Oddar Meanchey, Cambodia
    4. Chong Sa Ngam/Choam international checkpoint: Si Sa Ket, Thailand – Oddar Meanchey, Cambodia
    5. Prom international checkpoint: Ban Pakard, Chantaburi, Thailand – Pailin, Cambodia
    6. Ban Laem/Daung international checkpoint: Chantaburi, Thailand – Battambang, Cambodia
    If you get your visa at a land border crossing in Cambodia, you can expect to pay between $1 and $20 in “fees.” If your bus company offers a visa service for an extra few bucks, it’s often better to pony up as it can save quite a bit of time

    Another option you can apply e-visa, which can be obtained online. It is only available to citizens of the countries for which visas on arrival are available (that is, everyone except those from the restricted countries listed above). It is only offered for the tourist (T class) visa and costs an extra $7 on top of the regular visa fees, and it is only available to those entering Cambodia at the Siem Reap and Phnom Penh airports and the Bavet, Poipet, and Cham Yeam land border crossings. You can get your Cambodian e-visa online. More recently the government has added an additional $3 credit card processing fee, bringing the total price of the e-visa up to $40.

    Extending your Cambodian visa

    If you have a 30-day tourist visa, you can extend it once for an additional 30 days for a fee of $45. If you have an ordinary visa (E class) you can extend it for 1, 3, 6, or 12 months for between $45 and $300 depending on the length of the extension.

    Currently, Cambodian visas cannot be renewed online.
    Technically there’s an official way to extend your visa by going to this address:

    Department of Immigration

    322 Russian Federation Boulevard, opposite Phnom Penh International Airport
    Phnom Penh, Cambodia.

    Everyone who’s tried it this way recommends against it, though. The process can take ages, may require multiple bribes, and is just generally a pain.

    The easy way to extend your Cambodian visa is to use any of the hundreds of local travel agents in town. They’ll take care of the paperwork for you; the process takes two business days.
    You’ll need:
    ·         A passport that is valid for at least another six months
    ·         A blank page in your passport
    ·         One passport-sized photo
    ·         Renewal fee in US dollars

    A 12-month multiple-entry visa costs $275 to $300, depending on the fee added by the agent. The agent’s fee is usually somewhat negotiable.

    Overstaying your Cambodian visa

    It’s not advisable, but you can overstay your Cambodian visa at a cost of $10 per day, payable at Immigration on your way out of the country.
    If you plan to only stay a day or two over 30, this is often cheaper than getting a visa extension. However, be warned that you’ll need exact change in US dollars. If you present immigration officers with a $20 bill for a $10 overstay, it’s likely that you won’t be given change.
    It is possible to overstay for up to 30 days. After 30 days, overstayers are still liable for the $10 daily fee, but, depending on the length of the overstay, risk imprisonment, deportation, and future bans on entering the country.

    read more


  • Cambodian tourist visa: The tourist visa (T class) is best for those who know they will be staying 30 days or less.

    The 30-day tourist visa is available to travelers in advance or on arrival (for most nationalities) for a cost of $30. The tourist visa is single entry only, and can be renewed once for an additional 30 days for a fee of $45. After that, tourist visa holders must leave Cambodia and come back to obtain a new visa. If you are planning on staying in Cambodia, don’t bother with a tourist visa and start with a renewable ordinary visa instead.

    There is a minimum stay of 24 hours if the Cambodian visa is issued at the Siem Reap airport; otherwise there is no minimum stay.

    Cambodian “ordinary” visas (E class)
    For anyone who is considering staying in Cambodia for an extended period of time, an E-class visa is the best option. Previously, there used to be only one E-class visa, known as the “business” or “ordinary” visa. In 2017 a new set of E-class visa types became available. (These are in no way related to the electronic visa, also confusingly known as the e-visa).
    Anyone can get any of the four E-class visas. At the time of writing, there is no documentation required to apply for these visas. However, visa holders must be able to provide appropriate paperwork if questioned by the immigration police at a later date.

    To get one of the following E-class visas, you will need to apply for a 30-day E-class visa (not an online e-visa) when you arrive. This is also valid for 30 days and costs $35. The difference between the ordinary visa and the tourist visa is that the ordinary one can be extended indefinitely. After 30 days, when you go to extend your visa, you can choose an EB, EG, ER, or ES visa.

    * The FOUR E-Class Visas
    1- EB visa:

    The EB business visa covers most Cambodia expats, including those who are working and their partners and children, freelancers, and those who do not fit in any other category. Be aware that the EB visa does not confer the right to work in Cambodia. In order to be legally employed, you will need a Cambodian work permit, but you do not need a work permit to get the visa. Once you have the EB visa, at any point in the future the immigration police may ask to see your business license, work contract, and work permit, or a letter confirming the purpose of your stay. This renewable visa can last for 1, 3, 6, or 12 months, although only the 6- and 12-month visas allow multiple entries.

    2- EG visa: 
    The EG visa is intended for those searching for employment, and can last 1, 3, or 6 months. At the time of writing, the employment requirements are not strictly enforced for the EB visa, so the EG visa is redundant, but if in the future the requirements for the Cambodia EB visa become more strict, the EG visa will be useful for new expats looking for a job.

    3- ER visa: 
    The new retirement visa is the most confusing and least documented of the E-class section. The requirements for the ER visa have not been clearly defined at time of writing, but it is meant for those of retirement age who can show documentation of retirement in their home country (such as a pension or Social Security) and prove that they have the funds to support themselves, although these requirements are currently sporadically enforced, if at all. It allows the work permit requirement to be waived, but in every other respect, it functions as an EB visa. The ER retirement visa can be issued for 1, 3, 6, or 12 months.

    4- ES visa: 
    The ES visa is a student visa. Anyone can apply for the ES visa. If asked by the immigration police, ES visa holders need to be able to show school transcripts or a record of school payments. The ES student visa can be issued for 1, 3, 6, or 12 months.

    Once you have your first 30-day E-class visa for Cambodia, you can extend it from inside the country for 1, 3, 6, or 12 months. It’s advisable to extend it for 6 or 12 months, as these visa types are multiple-entry. The 1- and 3-month visas are single-entry only, meaning that if you leave for a weekend trip to Vietnam, you’ll need to get a new Cambodian visa when you return.
    It’s important to note that if you are planning on getting a visa on arrival, some airlines will not allow you to enter the country on a one-way ticket. If you are planning on getting a one-way ticket, give yourself extra time at the airport so that if your airline requires you to get a return flight you have time to either search for a cheap flight or bus ticket from Phnom Penh to Ho Chi Minh City or Siem Reap to Bangkok, or get a fully refundable flight that you can then cancel once you arrive in Cambodia.

    Other visa-K-class visa:
    The K-class visa is for those of Cambodian descent who hold a foreign passport. It is a free lifetime visa, although you will almost certainly be asked to pay an unofficial “facilitation fee” to get it. Bring any documents that show that you have one Khmer parent, such as a birth certificate, marriage certificate, family book, or Cambodian ID card. A Khmer last name and ability to speak Khmer may be enough — along with a $20 bill, of course.

    Cambodian visas for children:
    Since late 2016, all non-Cambodian children have been required to have an E-class visa to enter the Kingdom. The prices are the same as for adults. If the child has at least one Cambodian parent, they can apply for a free K-class visa.

    B-class visa:
    The B-class visa, known as the “NGO visa,” is a free visa for employees of certain NGOs registered with the government. To get this visa, you will need to enter the country on an E-class visa and transfer to the B-class visa. Ask your employer if you are eligible, because not all NGOs qualify.

    If you are caught using a visa for a purpose not allowed under that particular visa type, you will be fined $100 and required to leave the country within 7 days (so don’t get a retirement visa if you are working).

    read more

    Tax on Salary-Cambodia

  • The tax on salary is a monthly tax imposed on salary that has been received within the framework of fulfilling employment activities. A physical person resident in the Kingdom of Cambodia is liable to the tax on salary for Cambodian source salary and foreign source salary. A non-resident physical person is liable to the tax on salary for Cambodian source salary. The enterprise which is the employer of an employee has the obligation to withhold tax before salary payment and pay this tax to the tax administration by the 20th of the month following the month in which the salary is paid. 

    For a resident employee the tax on salary due is determined on the monthly taxable salary and is withheld according to the progressive tax rate as below:

    Monthly salary (Riels)Rate
    0 - 1,200,0000%
    1,200,001 - 2,000,0005%
    2,000,001 - 8,500,00010%
    8,500,001 - 12,500,00015%
    12,500,001 - upwards20%

    For a non-resident employee the tax on salary is withheld at the rate of 20% of the amount to be paid before withholding. . This withholding tax is the final tax on salary for the non-resident receiving the salary. 
    For fringe benefits, every month, the employer shall withhold and pay tax at the rate of 20% of the total value of fringe benefits given to all employees. The value of fringe benefits is the fair market value inclusive of all taxes.
    read more

    Jan 23, 2018


    Phnom Penh Post Code

  • Jan 23, 2018
  • Are you looking for Cambodia Postal Code

    Of course Cambodia is also using Postal Codeyou can find out Phnom Penh Postal Code in a following.

    Khan Russei Keo12100Khan Chamkarmorn12300
    Russei Keo12104Tonle Basak12301
    Toul Sang Kè12105Boengkengkang 112302
    Kilometre 612106Boengkengkang 212303
    Chrang Chamres 112107Boengkengkang 312304
    Chrang Chamres 212108Boeng Trabek12305
    Svay Pak12109Tumnup Tuk12306
    Phsar Doeum Thkov12307
    Khan Toulkok12150Toul Svay Prey 112308
    Boengkâk 112151Toul Svay Prey 212309
    Boengkâk 212152Toul Tum Poung 112310
    Phsardépo 112153Toul Tum Poung 212311
    Phsardépo 212154Olympic12312
    Phsardépo 312155
    Tuk Laak 112156Khan Meanchey12350
    Tuk Laak 212157Boeng Tumpun12351
    Tuk Laak 312158Stung Meanchey12352
    Phsar Ddoeumkor12159Chak Angré Krom12353
    Boengsalang12160Chak Angré Leu12354
    Khan Daun Penh12200Khan Dang Kor12400
    Sraas Chak12201Dang Kor12401
    Wat Phnom12202Trapeang Krasaing12402
    Phsar Chas12203Kokroka12403
    Phsar Kandal 112204Phleung Chhésrotés12404
    Phsar Kandal 212205Chom Chao12405
    Chey Chumneas12206Kakap12406
    Chak Tomuk12207Porng Teuk12407
    Phsar Thmei 112208Prey Veng12408
    Phsar Thmei 212209Samrong12409
    Phsar Thmei 312210Prey Sar12410
    Boeng Raing12211Kraing Thnoung12411
    Kraing Pongro12412
    Khan 7 Makara12250Prataslang12413
    Monorom12251Sac Sampeou12414
    Mittapheap12252Cheung Ek12415
    Veal Vong12253
    Orussei 112254Khan Chba Ampoeu
    Orussei 212255Chbar Ampeou 112355
    Orussei 312256Chbar Ampeou 212356
    Orussei 412257Niroth12357
    Boeng Prolit12258Prek Pra12358
    Prek Eng
    Khan Por SencheyPreak Thmey
    Chom Chao12405Kbal Koh
    Kakap12406Veal Sbov
    Kraing Thnoung12411
    Kokroka12403Khan Chroy Chang Va
    Trapeang Krasaing12402Chroy Chang Va12110
    Phleung Chheh RotehPrek Tasek12111
    Samraong KraomPrek Leap12112
    Boeng Thum
    KamboulKhan Prek Phnov
    KantaokPrek Phnov
    OvlaokPonh Nheapon
    Koh Roka
    Khan Sen SokPon Sang
    Phnom Penh Thmei12101
    Teuk Thlar12102
    Kraing Thnoung12411
    read more

    Sep 18, 2017


    Simple Ways to Boost Performance of Your Financial Institution

  • Sep 18, 2017
  • Regardless of economic conditions or competitive position, every organization should always be seeking ways to improve. Given the intense competitive pressures they face, this is especially true for financial institutions. Following is a high-level overview of eight key areas where financial institutions can often make real and significant improvements to their operations.

    1. Technology – leveraging your investment
    The plain fact is that most financial institutions are not getting the ROI they should from their technology spend. Ask yourself these questions:
    • Do you suspect that the organization is not using the full functionality and capacity of your existing systems?
    • Are you struggling to get key systems integrated with each other?
    • Have you postponed implementing key functionalities due to lack of time and resources?
    • Do you continue to use manual processes that were originally meant as temporary stop-gap measures?
    • Are you running outdated versions?
    • Has it been more than a couple of years since you last explored outsourcing?
    If you answered YES to even one of the above questions, there is likely opportunity to improve system functionality and deliver greater ROI. The fact is that most financial institutions are only utilizing between 25 and 30 percent of the capabilities of their current technology for a variety of reasons. Many organizations suffer from phase 2 syndrome, in which systems with impressive potential capabilities are installed but the training and follow through necessary to fully exploit those tools isn't completed. And, it is difficult to keep up with the accelerating evolution of technology. Server consolidation, cloud computing, mobile technology – all of these can offer real advantages to financial institutions when strategically evaluated and implemented.
    Here are some ways to get started evaluating your current technology optimization quotient:
    • Compile a list of all of your key technology systems – both those managed in-house and those outsourced to a data center or purchased as a service
    • Determine the main purpose of each listed system and determine if there is any overlap among the capabilities of the systems
    • Survey system users to see if there is data that they have to re-enter into multiple systems
    2. Less is more - improving your expense management
    Financial institutions sometimes focus efforts to save money in the wrong areas and end up cutting activities important to the organization's mission or value proposition. This can happen for several reasons:
    • Unwillingness to address sacred cows because of internal politics
    • Looking at past successes instead of future opportunities
    • Following benchmarks without appropriate analysis
    Effective expense management starts with a more detailed understanding of your spend throughout the organization. By better understanding how your organization spends money and what is being purchased, you can more easily identify savings opportunities that will have a meaningful bottom line impact. To achieve this, consider these steps.
    • Collect and categorize spend data throughout your organization from sources such as accounts payable, procurement, payroll, contracts, procurement cards, and expense systems.
    • Identify specific categories of spend that could be reduced without significant customer-facing impacts
    • Define and implement specific savings strategies such as supplier consolidation or renegotiation, elimination of non-essential spending, demand or specification management, and tightening of expense policies.
    • Track and report hard dollar savings delivered from each strategy, showing the impact by business unit and service line.
    In addition, consider longer term expense management strategies to help ensure an objective evaluation and to guard against inefficient expense management based on precedent and inertia. Consider using the phase zero-based budget approach when performing annual budgeting and planning. Each department should start at $0 and will have to justify every FTE and dollar spent when creating their budget. This will help to ensure each department is committed to spend management.

    3. More is more – boosting revenue
    Managing expenses is vital, but growth still depends on increasing revenue. What can your financial institution do to grow the top line? Here are some ideas:
    • Review all prices for products and services on a rolling three-year basis, reviewing a third of all products and services annually
    • Compare prices of all core products and services against your competitors at least annually. Increase prices on services prices below market while lowering prices and increasing sales activities on services prices above market.
    • Identify opportunities to create products and services that can drive new revenue streams.
    • Create revenue strategies that lead customers toward desired outcomes. For example, institutions want consumers to switch from paper statements to electronic statements. So announce a price increase for paper statements to cover postage costs. This will drive some consumers to use e-statements and generate additional revenue from those that don't.
    4. Quality – are your measures effective?
    Quality matters. But, as with any effort, so does ROI. In today's economically and competitively challenging environment, all financial institutions should ask themselves some hard questions about quality control efforts.
    Take the CAMELS rating system. Many financial institutions strive to maintain a CAMELS 1 rating. But can you afford to push for that rating in today's market? The right answer depends on your institution's specific circumstance and goals.
    It's important to be able to clearly articulate how your institution measures quality. What objective and subjective measures do you use? How do those measures support your goals? When these measures are laid out, it should be clear as to whether you are measuring the right things and measuring them accurately.
    In addition to quality measures, it's important to indicate where you are investing time and resources to ensure quality. If you are investing in services or activities that are already performing at the top end of the quality scale, you might want to consider diverting some of the investment to other, lower performing areas. Ultimately, it's about ensuring those investments are going where they will make the biggest difference.
    Here are some quality strategies to consider:
    • Focus on baking quality assurance measures into your processes instead of layering quality control steps at the end.
    • Create clear, ongoing channels for communicating quality issues throughout the organization and ensure they are raised to the appropriate level of leadership. Review quality measurements and results with leadership at least quarterly to ensure quality issues are addressed and those quality measurements are still relevant and effective.
    • Communicate quality success stories internally to employees and externally to shareholders and customers through channels like annual reports and newsletters to leverage the benefits of your quality efforts.
    5. Productivity – getting the most from your people
    Every organization preaches productivity, but only those with a culture that supports improving it with clear goals, transparent accountability and real rewards achieve the best results.
    Start by accurately defining current productivity levels at the workgroup and employee levels. Identify how well they are supporting the mission, goals and objectives of your institution and define the qualitative and quantitative measurements to rate them.
    Encourage a culture that questions the status quo in any process. Set clear standards so that all employees know that they must meet defined productivity standards and that they are being measured relative to their peers. For example, tellers can be rated for improved transaction levels, reduced outages and increase in simple sales.
    Set multi-year strategies for significant productivity increases for specific workgroups. Strategically target workgroups where re-engineering needs to occur and the highest potential for cost savings exists.

    6. Service – focusing on what matters
    Effective service is vital to retaining and building customer relationships. But are you focusing on the right services and the right customers? Consider these three questions.
    • Most financial institutions have service standards, but do your customers share your impression of your service? What have you done to find out?
    • How would an increased or decreased level of investment affect service levels – could you be over- or under-investing in service?
    • Are your services focused on the evolving needs of today's market or are they only focused on your historical customer base?
    Here are three strategies to help focus your service efforts:
    • Be sure that every employee understands the services expectations associated with their position and how they are measured. Those expectations must be communicated clearly and updated regularly.
    • Establish clear three- to five-year service improvement targets that directly support your institution's mission and goals by focusing on key markets and that have clear accountability at all levels. For example, set improvement targets for metrics like average products and services per customer, average revenue per customer and customer retention.
    • Use service strategies to drive customer behavior in desired directions in areas like e-statement adoption, ATM usage, and online and mobile banking.
    7. Business development – growing your future
    For many financial institutions, the key to business development is understanding the current market position. Only by understanding how well the current mix of products and services meets customer needs can you make appropriate decisions on where to focus development efforts. Ask yourself these three questions when looking to identify your business development opportunities.
    • Are you the primary financial services provider for your customers or a secondary player supporting their needs? What percentage of the financial services buy (aka "wallet share") do you own in your customer base?
    • Why are some customers choosing other financial institutions for certain needs?
    • How well-trained is your sales force – are they better trained at understanding your products, service and market or at filling out forms and screens?
    Develop sales training programs that enhance both product/services knowledge and general sales skills. At many financial institutions, sales people are not even aware of the full range of products and services offered. Consider developing product/service specialists to accompany sales people on calls involving more complex products and high-value targets. This will help ensure that prospects fully understand the features and benefits of your products and that their questions are answered completely and accurately. Create sales objectives and reward mechanisms for the sale of targeted products to boost penetration into key market segments, but be sure to guard against inappropriate responses to those reward systems, such as sales people steering prospects to the wrong product just to boost their numbers.
    By understanding your customer wants and your sales team needs, you can most effectively target your future business development efforts.

    8. Customer retention – keeping what you have
    Every financial institution is looking to increase business with existing customers. Every lost customer represents more than just the business they were already doing with you. They represent all the other business that you could have sold to them. And the cost and effort of securing new customers far exceeds that of building relationships with your current customer base.
    The BAI states that the average bank loses 13 percent of their customers each year. The first step in customer retention is to assess the size of the problem. Identify your loss rate and see how it compares to this average. Then dive into those customer losses. Identify the number of services they took advantage of and which services specifically. Ask them questions around why they left and what you could do to win them back.

    Once you have evaluated your organization's situation you can better gauge how to improve your customer retention.
    read more
    back to top