- Cambodia’s General Department of Digital Economy launched voluntary registrations for a central e-invoicing system on December 12, 2024
- The system facilitates electronic invoicing between sellers and buyers without printing needs
- Initially voluntary for B2G transactions, plans to make it mandatory for B2B in 2025 and later extend to B2C
- The platform allows real-time validation of VAT data
- This enhances the ability of tax authorities to efficiently track and monitor taxable transactions
- The initiative started with an invitation for businesses and tax representatives to register voluntarily
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.