Cambodia's General Department of Taxation (GDT) recently issued Instruction 18412, which provides guidance and incentives for Micro, Small, and Medium Enterprises (MSMEs) in the informal economy to voluntarily register for tax. The incentives are provided for MSMEs in priority sectors, including Wholesale, retail, and repair; Accommodation and food services; Agricultural cooperatives; and. Handicrafts. The incentives for enterprises that register for tax between 2023 and 2028 include the following, depending on the size of the enterprise: Micro enterprises are provided an exemption from the tax registration fees, information update fees, and tax registration card printing fees; and Small enterprises are exempted...