Explore Cambodia's unique business landscape effortlessly with Innovare's comprehensive EOR solutions. From intricate immigration services to seamless payroll administration, we're your bridge to tapping into one of Southeast Asia's fastest-growing economies.
Read MoreNavigate Japan's unique business landscape effortlessly with Innovare's comprehensive EOR solutions. From intricate immigration services to seamless payroll administration, we're your bridge to tapping into the world's third-largest economy.
Cambodia, a Southeast Asian nation steeped in rich history and cultural heritage, offers a captivating destination for business ventures. Innovare empowers your seamless entry into this market, leveraging our expertise and unwavering commitment to compliance. Our comprehensive Employer of Record (EOR) services navigate Cambodia's business environment, ensuring a smooth and successful operation for your company.
Expert guidance through Cambodia's legal and regulatory framework.
Streamlined processes for local and foreign worker employment and payroll management.
Unwavering dedication to adhering to local labour laws and tax requirements.
Experienced support for both expatriate and local talent acquisition.
Cambodian law mandates employers to provide written employment contracts outlining key terms of employment to new hires. The contract can be fixed-duration (FDC ) or underdetermined (UDC) in duration written in both English and Khmer. The salary and compensation can be made in Cambodian riel (KHR) or USD.
Here's a breakdown of the general elements a Cambodian employment contract should encompass:
Cambodia mandates bi-monthly salary payments The first payroll should be run in the 2nd week of the month, and comprise 50% of base salary.
The second payroll should be run in the 4th week of the month, and comprise the remaining amount of base salary, along with any peripheral monthly remuneration and benefits.
The standard workweek is 48 hours, with overtime pay mandatory for exceeding these hours. Employers must also adhere to strict tax filing deadlines. Here's a general overview of payroll in Cambodia:
Here's a breakdown of the general tax structure in Cambodia:
Cambodian labour law mandates various leave entitlements for employees. Here's an overview of some key leave provisions:
Cambodia enforces mandatory social security contributions for employers. These contributions fund social security programs, providing some benefits to employees. Here's a breakdown of the key points:
Termination procedures in Cambodia require adherence to specific regulations and potential severance pay obligations. Here's a general overview of the termination process:
Immigration laws in most countries in Asia Pac often hold a local entity responsible for the entry, wellbeing, good behaviour and eventual exit of the individual. This also ensures that local immigration and employment laws are adhered to. This host company will be the technical employer of the individual.
We assist with the sponsorship of the work visa, subject to very strict minimum requirements. Please speak to your Innovare sales contact person who will determine the appropriate visa for you or your consultant.
With Japan's varying minimum wages and biannual bonuses, we manage all aspects of payroll efficiently, ensuring compliance and satisfaction.
We navigate Japan's complex tax system and social security requirements, ensuring timely and accurate contributions.
Innovare administers statutory leave entitlements, including maternity leave and annual leave, in line with Japanese employment regulations.
Innovare’s insurance policy in Japan (subject to terms and conditions) includes Professional indemnity insurance and Public liability insurance and is inclusive in our management fee. Workman compensation insurance is inclusive in the Labour Insurance premium.
While the health insurance scheme covers for locals or expatriates, medical insurance is a must for expatriates working in Japan.
Depending on the required period, we can search personnel from Japan and other countries who have the ability and skills required, and can also provide "dispatch" services”.
Since EOR is applied to all of these, you can get the necessary personnel without complicated procedures.
Cambodia boasts a strategic location in Southeast Asia, offering access to the broader Mekong region and major trade routes. This positioning presents exciting opportunities for businesses seeking regional expansion.
Cambodia's economy is experiencing steady growth, fueled by sectors like tourism, garments, and agriculture. This growth fosters a dynamic business environment with a growing domestic market.
The Cambodian government actively promotes foreign investment through tax breaks, relaxed regulations, and infrastructure development projects.