Smaller than SME

SMEs (Small and Medium Enterprises) are generally large enough that they need to be registered as companies, need a license, and pay taxes. They are part of the formal economy. Much of Cambodian commerce is in the informal economy, though. This fruit seller is a good example. A woman stakes out part of the street–part of the lane, not part of the “sidewalk”—and sets up shop. The government doesn’t get any tax revenue from her but the local police will. She pays them off to allow her to stay on the street.