Tax Alert: Tax Incentives for Micro, Small and Medium Enterprises for Informal Business Development7/6/2024 On May 20, 2024, the General Department of Taxation (GDT) issued Notification No. 18412, outlining tax incentives for Micro, Small, and Medium Enterprises (MSMEs) engaged in Informal Business Development. These incentives apply to MSMEs that voluntarily register with the GDT and operate within priority sectors, including:
1. Micro Enterprises Micro enterprises that voluntarily register between 2023 and 2028 are eligible for:
Small enterprises that voluntarily register between 2023 and 2028 are eligible for:
Medium enterprises that voluntarily register between 2024 and 2025 are eligible for:
This legal brief is based on recent instructions from the tax authority and is intended for general informational purposes only. It does not substitute for professional tax advice. As a tax consulting firm, we recommend discussing your specific situation with one of our qualified tax professionals to ensure compliance. Our company cannot be held responsible for any consequences resulting from reliance solely on this content without our expert consultation. _________________________________________________________________________ Expand Your Business Horizons: Arrange Your Expert Consultation Today! Telephone: (+855) 012914201 | 070914201 | 085914201 Telegram: Mr. Kimsophat KONG Whatsapp:Mr. Kimsophat KONG Email: [email protected] Updates on DOING BUSINESS in Cambodia Newsletter: Doing Business In Cambodia Telegram Channel: Doing Business in Cambodia
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