Cambodia

About the Flag

Cambodia is a Constitutional Monarchy located on the Indochina Peninsula bordering on Thailand, Laos, and Vietnam. The government is headed by democratically elected Prime Minister. National Assembly is composed of 120 representatives. Cambodia participates in various international organizations such as the UN, UNCTAD, UNESCO, UNIDO, WHO, ITU, IMF, and IMO. The official language is Khmer, but English and French are also spoken.

The country's infrastructure improved gradually in the 1990s, largely due to massive infusions of foreign assistance. There are six kinds of taxes, Valued Added Tax, Turnover Tax, Specific Tax on certain merchandise and services, Import and Export Duties and Salary Tax which benefit especially foreign investors. Cambodia has been developed dramatically entering this new century, especially one can recognize the Governmental endeavor for the attracting foreign direct investment. Lately, based on the highly well developed level of people’s consciousness, stable economy is main motor for their development. As a member of ASEAN (Association of Southeast Asian Nations), Cambodia is recognized with good reputation by neighboring countries tooling dynamic diplomatic relationship.