EuroCham White Book 2027: 18 New Reforms Before LDC Graduation in 2029

• 78 total recommendations. The White Book 2027 compiles 78 recommendations, including 18 new ones, covering taxation, trade, energy, and digital.
• 10 resolved, 6 partially addressed. Since the White Book 2024, 10 recommendations have been fully implemented, and 6 partially, through nearly 30 government consultations in 2025.
• LDC graduation in 2029. Cambodia must leave Least Developed Country status by 2029, requiring structural reforms to maintain investment attractiveness.
• New targeted sectors. The 18 new recommendations focus on digital assets, pharmaceutical regulation, renewable energy, automotive policy, and green economy.
• Practical tools. EuroCham also launched an Advocacy Compass and a Red Tape Tracker to turn operational challenges into policy recommendations.

The White Book 2027 was launched at an official ceremony bringing together the government, the European Union, and the private sector. Here are the key steps:

1. May 19, 2026: Launch of the White Book 2027 at Sofitel Phnom Penh Phokeethra, with Deputy Prime Minister Aun Pornmoniroth and EU Ambassador Igor Driesmans.
2. 2025: EuroCham conducts nearly 30 government consultations to advance the White Book 2024 recommendations.
3. 2024: Publication of the White Book 2024 with 78 initial recommendations.
4. 2023: Establishment of the Special Tax Audit Unit and the tax compliance certification system.
5. 2029 (scheduled): Cambodia's graduation from LDC status, requiring reforms to be implemented before this deadline.

The White Book 2027 recommendations cover several key sectors for Cambodia's economy. Here is the breakdown by area:

• Better tax predictability. The implementation of the tax compliance certification system reduces the risk of unexpected audits for foreign businesses.
• Easier access to renewable energy. The framework for green energy certificates will allow expat entrepreneurs to reduce their carbon footprint and energy costs.
• New digital opportunities. Digital asset regulation paves the way for investments in blockchain and cryptocurrencies, a booming sector.
• Simplified trade procedures. Reduction of non-tariff barriers will facilitate importing equipment and goods for local businesses.
• Increased transparency. The Red Tape Tracker allows reporting bureaucratic obstacles, improving the business environment in Siem Reap.

1. Follow public consultations. Attend EuroCham meetings and government consultations to anticipate regulatory changes.
2. Update your tax compliance. Ensure your business meets new compliance certification standards to avoid audits.
3. Diversify your energy sources. Invest in renewable energy now to benefit from future green certificates and reduce costs.
4. Monitor digital developments. Stay informed about digital asset regulations to seize opportunities without breaking the law.
5. Use the Red Tape Tracker. Report administrative burdens through this tool to help improve the business climate.
6. Consult a legal advisor. Hire an expert to adapt your structure to upcoming reforms, especially in pharmaceutical and automotive sectors.
7. Anticipate LDC graduation. Prepare your business for the loss of LDC-related benefits (tariff preferences) by diversifying your markets.