Taxpayers in Cambodia
I. How many types of taxpayers are in there Cambodia? What are they?
- There are three types of taxpayers in Cambodia.
- Small taxpayers
- Medium taxpayers
- Large taxpayers
- Small taxpayers
- Annual income from 250 Millions KHR to 700 Millions KHR or
- Earn income 60 Millions KHR in within 3 months or
- Expected to earn 60 Millions KHR in within 3 months or
- Involved with bidding.
- Medium taxpayers
- Annual turnover from 700 Million KHR to 4 000 Million KHR or
- Registered companies or legal entities or
- Government and Sub-national government institutions, associations and non-government organizations or
- Foreign diplomatic and consular missions, international organizations and agencies.
- Large taxpayers
- Annual turnover exceeds 4000 Million KHR or
- Branch of foreign companies or
- Enterprises registered as Qualified Investment Project (QIP).
- Small taxpayers
- Register with tax administrations within 15 (fifteen) working days after carrying out the operation or reception of approval letter of registration
- Maintain simplified books of account: this will help small enterprises or family businesses to record daily transactions and the books of account include book of purchase, book of sale, and book of stock.
- Submit tax declaration and pay various taxes as follows:
- Monthly tax (pay tax and submit tax declaration from 01st to 20th of the following month)
- Withholding tax: taxpayers is exempted from withholding agent obligation except withholding tax on movable property and immovable property rental at the rate of 10%
- Prepayment on profit tax: prepayment shall be paid monthly at the rate of 1% of turnovers inclusive of various taxes except values added tax
- Value Added Tax: shall be paid each month allowed input tax credits 80% for calculation with the output tax, even if accompanied with or without invoices
- Tax on salary: for any enterprise that carry employment activities
- Annual tax
- Stamp tax: for logos and advertising signs based on the reality of business
- Patent Tax: 400, 000 (four hundred thousand) Riel each business activity per year
- Income tax: taxable income of any year shall be calculated on a formula: net profits of the year deduct costs of goods/services sold, expenses, and non-current assets installments.
- Minimum tax: is determined at the rate of 1% of annual turnovers inclusive all taxes except VAT.
- Other taxes: taxpayers shall pay all taxes based on business reality
- Medium & Large taxpayers
- Register with the tax administration
- File tax returns and provide information as required by the tax provisions
- Pay taxes by the due date
- Keep and maintain books of account, legal documents, and other documents and present them to the tax administration
- Present to the tax administration according to the date specified in the letter of notification of the tax administration
- Pay taxes, additional taxes, and interest as determined by the tax administration by the date as stated in the tax provisions or as notified in writing by the tax administration
- Be truthful in fulfilling tax obligations
- Be cooperative with the tax administration in order to meet tax obligations
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Contact Us
Tel: +85585914201 / +85570914201
Telegram/WhatsApp: +85570914201
Email Address: inquiry@makingiteasycambodia.com
Telegram Channel: t.me/makingiteasychannel
Our Address: #809, Kampuchea Krom Blvd (128), Sangkat Tuek Laak 1, Khan Toul Kork, Phnom Penh