Update on Tax Challenges for Foreign Airlines in CambodiaJanuary 16, 2024
Siem Reap and Phnom Penh’s success as a tourist destination, as well as a fairly robust economic development, has among other things resulted in a significant boost in connectivity by air for Cambodia. Just before COVID, international arrivals amounted to more than 6 million persons per year, roughly 2 million each from ASEAN and China, and the remainder shared by Japan, Korea, Europe, India and other countries. Direct flights exist with many Asian countries, serviced by more than 50 internationally or regionally renowned airlines. Add to that the significant volume of cargo airfreight (around 100,000 tons cargo airfreight annually, post-COVID) and the true importance of the air transportation sector becomes apparent.