On 28 December 2018, the Ministry of Economic and Finance (“MEF”) and the Ministry of Commerce (“MOC”) issued an Inter-Ministerial Prakas (Proclamation) No. 1627 on the Revision of Procedures for the Application to Exported Goods to Foreign Countries, changing the procedures set under the previous Inter-Ministerial Prakas on Revision of Procedures in Fulfilling Formalities for the Export of Goods dated 29 November 2013. Under another new notification No. 4648 issued by the MOC on 31 December 2018, the MOC invites exporters to register in the Registration of Exporter System-REX (“RES”) starting from 1 January 2019.
Joint Prakas No. 1627 on the Revision of Procedure for Application to the Export of Goods to Foreign Countries
The new Prakas aims to facilitate the export of goods to foreign countries, providing additional requirements and conditions as follows:
For the export of products to foreign countries that do not require a C/O, the companies or exporters who wish to export goods from Cambodia, whether within or outside the preferential treatment schemes are not required to file an application requesting for a C/O.
A letter of notice shall be sent to the MOC (in the form as attached in Annex I of this Prakas) through the MOC’s online portal at //co.moc.gov.kh/ within 30 (thirty) days from the exported date.
If a C/O is required, the companies or exporters shall:
Companies or exporters, exporting under preferential treatment schemes (including the Everything But Arms Scheme (“EBA”) and the General System of Preferences (“GSP”) shall register in the RES in the European Union (“EU”) in order to obtain legal status (“Statement of Origin”) in replacement of a C/O in accordance with Provision no. (EU) 2015/2447 dated 25 November 2015 and Provision no. (EU) 2017/989 dated 8 June 2017 of the European Commission with the following requirements and conditions:
In order to request for registration in the RES system, companies and exporters shall file the application attached with the following documents:
On 31 December 2018, the MOC issued a notification instructing companies and exporters who wish to export all type of goods to the EU under the GSP to file the application for RES with the MOC in order to obtain legal exporting status (Statement of Origin) in replacement of C/O Form A, starting from 1 January 2019 onwards.
This alert is for general information only and is not a substitute for legal advice.