Angola
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Cambodia
CAMBODIA
Employer of Record
EMPLOYER OF RECORD
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17 MILLION
total population in 2021
31.7 BILLION USD
expected GDP in 2023
The picturesque temples and the vivid colors of its national garment called the sampot reminds me of Cambodia. According to the Asian Development Bank (ADB), its economy is forecast to grow 4.0% this year and 5.5% in 2022. The nation's GDP is projected to trend around 31.70 USD Billion in 2022. Hence, US companies will expand their businesses and strengthen the bilateral trade agreements with Cambodia, which currently stands at $5.5 billion.
PUBLIC HOLIDAYS: 21 days
- New Year Day – January 1
- Victory over Genocide Day – January 7
- International Women’s Day – March 8
- Khmer New Year Day – April 14, 15, 16
- Visak Bochea Day – April 26
- Royal Plowing Ceremony – April 30
- International Labor Day – May 1
- King’s Birthday, Norodom Sihamoni – May 14
- King’s Mother Birthday, Norodom Monineath Sihanouk – June 18
- Constitutional Day – September 24
- Pchum Ben Day – varies ( 3 days)
- Commemoration Day of King’s Father, Norodom Sihanouk – October 15
- King’s Coronation Day, Norodom Sihamoni – October 29
- Independence Day – November 09
- Water Festival Ceremony – varies (3 days)
Social Security and Taxation
National Social Security Fund (NSSF)
Employment Injury Insurance Scheme
- Employer Contribution: 0.8%
Health Care Scheme
- Employer Contribution: 1.3%
Income Tax Rates: 0% to 20%
MINIMUM WAGE
782,183.42 Cambodian Riel per month ($192 USD)
WORK HOURS
8 hours per day
OVERTIME RATE
150% of the normal rate
PROBATIONARY PERIOD
up to 3 months
ANNUAL LEAVE CREDITS
18 days
MATERNITY LEAVE
90 days
PATERNITY LEAVE
not mandated by law
SICK LEAVE
one month (paid)
BONUSES
nnot mandated by law (upon the discretion of the employer)
*Info is not binding, may vary, and is provided only as an indication.
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Ask our team to design a solution that works directly with your current setup.