要するに、外国企業が事業を行うためにはカンボジアで事業体を登録する必要がありますが、法人である必要はありません。カンボジアの商業企業法（LCE）によると、3つの形態のいすれかを選択することができます。

Early in 2024, the General Department of Taxation (“GDT”) issued a new regulation to incentivize taxpayers to make revisions to their earlier tax returns. The unstated but nevertheless clear objective of the GDT is to encourage taxpayers who are or become aware of past under- or misdeclarations to voluntarily and unprompted make the necessary corrections […]

この度、VDB Loiカンボジアは、カンボジア税務小冊子を日本語版で発行いたしました。ご参考までに、ご利用してください。

Tax season is upon us, and this year, Cambodia’s General Department of Taxation (“GDT”) is offering a helping hand to self-assessment taxpayers through Prakas 071. This new regulation promulgated on 30 January 2024, provides a unique opportunity to correct past tax declarations made due to misunderstandings or confusion, without facing hefty penalties and interest charges. […]

Prime Minister Samdech Thipadei Hun Manet focused on tax issues quite a bit in his remarks during the 19th Government-Private Sector Forum on 13 November 2023. Below are highlights of some of the most important tax incentives he is promoting. Incentives for Qualified Investment Projects (“QIPs”): Exemption from 1% Prepayment of Tax on Income (“PTOI”) […]

If you think air travel already got too expensive, you will not be happy to hear that ticket prices to and from Cambodia might be ready to fly even higher. On 26 September 2023, a recent industry meeting facilitated by the International Air Transport Association (IATA), the airport operator and the General Department of Taxation […]

VDB Loi’s Edwin Vanderbruggen and Laysym Sim facilitated the technical input at a consultation between Eurocham, Amcham and the GDT on 5 October 2023 at the GDT head office. Here is a selection by us of some of the key things that were discussed which may have practical impact for businesses and investors. Much of […]

On 8 August 2023, the Ministry of Economy and Finance issued Instruction No. 018 MEF.NT.GDT (the “Instruction”) to provide guidance to taxpayers on the procedures for claiming value added tax (“VAT”) credits and refunds. The Instruction aims to facilitate the VAT refund process, reduce uncertainties and disputes, and encourage voluntary compliance from taxpayers.

The Specific Tax rate for non-alcoholic beverages produced and supplied locally will be adjusted and determined as follows, effective 1 September 2023: Separately, the Specific Tax base must be implemented as it is being done currently in accordance with the contents of Prakas No. 012 MEF.PrK dated 14 January 2020 for the Adjustment of Determining the Specific […]

This instruction was issued to advise all entities involved in cigarette importation or the distribution of imported cigarettes on the implementation of value added tax (“VAT”), as outlined below:

The General Department of Taxation (“GDT”) issued a notification to notify taxpayers under the self-declaration regime of their obligation to file the 2022 annual tax on income return and to pay tax as follows:

The General Department of Taxation (“GDT”) issued a notification announcing the 2022 market interest rates for loans. The rates were determined by calculating the average annual interest rate of 11 large local commercial banks. They are as follows: The above interest rates are to be used for the implementation of withholding tax obligations on fringe […]

On 28 October 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 26118, on the implementation of the official exchange rate rules to ensure that self-assessment taxpayers can accurately declare and pay taxes as well as issue invoices. This new instruction is effective from the date of signing (i.e. 28 October 2022) […]

On 14 November 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 27185 GDT, on the hanging or display the tax registration documents at the business premises and this instruction requires all enterprises to hang or display their valid tax registration documents at each business premises as set out below: 1. Head […]

Cambodia is set to implement the pension fund scheme beginning this month (October 2022). Under the scheme, employers and employees are required to contribute 50-50 into the fund. With the implementation, two questions have come up: Is the pension fund contributed by employee allowed to be deducted from salary before calculating Tax on Salary (“TOS”)? […]

As noted in a number of our previous tax alerts, implementation of VAT on e-commerce began in April 2022. Under the self-assessment regime, the regulations require that taxpayers apply the VAT reverse charge system to declare and pay 10% VAT to the General Department of Taxation (“GDT”) on any digital goods, services or e-commerce activities […]

The Sub-Decree specifies new Tax on Income (“TOI”) thresholds for the taxable income earned by physical persons, sole proprietorships, and the distributive share of each member of a partnership that is not classified as a legal entity. In addition, the Sub-Decree sets out new Tax on Salary (“TOS”) thresholds for salary income. The new annual […]

With a lack of thin capitalization rules in Cambodia, interest free loans have been the norm for many Multinational Enterprises funding their investment and ongoing operations in Cambodia. However, loss making or small profit margin Cambodian Taxpayers with interest free loans have found themselves facing large tax reassessments over the past three and a half […]

Over the last few months, the Accounting and Auditing Regulator (“ACAR”) has issued several notifications with regard to accounting report compliance requirements. We summarize the main points below. ACAR issued Notification No. 022 AAR.SCN on 22 November 2021 as a reminder that the following types of companies must submit to ACAR an audit report for […]

Credit notes and debit notes are used when there is an over- or under-charge on a customer’s invoice. Article 49 of the VAT Sub-Decree dated 24 December 1999 outlines the circumstances when a credit or debit note should be issued: The supply has been cancelled. The nature of the supply has been fundamentally varied or […]