Cambodia
Financial Year – 1 January – 31 December
Currency – Cambodian riel (KHR)
Corporate Tax Summary
Residence – A company is resident in Cambodia if it is incorporated or is controlled in Cambodia or has its own business activities in Cambodia.
Basis of Taxation – Resident taxpayers are taxed on their worldwide income. Non-resident taxpayers are taxed on their Cambodian source income.
| Reference | ||
| Corporate Income Tax Rate (%) | 20%, 30%, 0% | 20% for the taxable income of legal persons 30% for income from natural resources 0% for the taxable income from qualified investment projects (QIP) 0-20% (progressive rate) for taxable income from natural persons/sole proprietorship companies |
| Branch Tax Rate (%) | 20% | 20% for the taxable income of legal persons (branch from overseas) |
| Withholding Tax Rate: | ||
| Dividends – Franked | 0%, 14% | 0% for residents 14% for non-residents |
| Dividends – Unfranked | N/A | N/A |
| Dividends – Conduit Foreign Income | N/A | But it will be calculated in the taxable income during the year |
| Interest | 15%, 14% | 15% for residents, except loans from banks (6% for fixed savings, 4% for current savings) 14% for non-residents, except loan from banks |
| Royalties from Intellectual Property | 15%, 14% | 15% for individual persons 14% for non-residents |
| Fund Payments from Managed Investment Trusts | N/A | N/A |
| Branch Remittance Tax | 14% | 14% for branches from overseas |
| Net Operating Losses (Years) | ||
| Carry Back | N/A | |
| Carry Forward | Five years |
Individual Tax Summary
Residence – N/A
Basis of Taxation – N/A
Filing Status – N/A
Personal Income Tax Rates
| Taxable Income | Tax Payable – Residents | Tax Payable – Non Residents |
| N/A | N/A | N/A |
Goods and Services Tax (GST)
| Rate | 10% |
| Taxable Transactions | In Cambodia, value added tax (VAT) is an indirect tax which is applicable to the supply of most goods and services. The end consumer cannot claim VAT credit on these goods or services. |
| Registration | Cambodia’s tax law divides taxpayers into 3 types:
All the above 3 types need to be registered at:
|
| Filing and Payment | The deadline for submission and payment of VAT returns is the 20th of the following month. The VAT must be paid between the 1st and the 20th of the following month. |
Other Taxes Payable
| Tax | Reference |
| Payroll Tax | Salary tax is a tax on individual income received from working activities. Other allowances out of scope of salary which are provided to employees by the employer are subject to tax as a fringe benefit. |
| Stamp Duty | Stamp duty is levied on registrations of property transfer. The tax is paid by the heirs on the cost of the transfer at the following rates: a) 4% on the transfer of all kinds of real estate include buildings and other constructions, and land including adding real estate to the capital of a company. b) 4% on the transfer of ownership of transportation including all types of vehicles, boats, ships etc. c) 0.1% on the transfer of shares in a company. d) 0.01% for contracting in the provision of state goods or services e) A fixed amount of KHR 1,000,000 for legal letters. |
| Land Tax | Unused Land Tax (ULT) is levied on non-constructed land and abandoned constructed land located in cities and the areas which are levied by the Unused Land Appraisal Committee (ULAC). The ULT is paid by the owners. The tax base is the market value of land within each city and region, which is evaluated in square metres and levied by the ULAC by June 30th every year. The ULT is imposed at the rate of 2% on the tax base. |
Last updated: 01.07.2020