Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Current Tax Law: No. 23

Current Tax Law: No. 23

  • Turnover Tax: Business, manufacturing, forestry industries, etc. at a turnover

    rate of 1%. Services at rate of 2%, paid monthly by taxpayer except on tax holiday

  • Profits Tax: All businesses ranging from 26% on manufacturing to 4% on services.

    Applied to business profits. Since most businesses do not have to keep records, it

    is set on standards of profit margins for any business. Usually 4-6% but can vary.

    Paid annually.

  • Import Tax: represent 70% of the business taxes paid in Cambodia. Not the same

    as customs duty. Collected by tax department, not customs department. 4-12% depending

    on the type of item. Tax is not applied to CIF or market value buy a unit price set

    by the Ministry of Finance.

  • Rental Income Tax: Owners of residential property. 10% of rental income paid

    by foreigners or international agencies. Commercial tenants and Cambodians are not

    charged.

  • Other Taxes:
  • Real Estate at 6%, Vehicles at 4%, Ships at 12%. Rates apply to official rather

    than market prices.

  • Motor Vehicle Licence Fee: Standard annual registration fee, set in riel based

    on the size of the vehicle.

  • Hotel Lodging Tax: Hotel owner pays 10% for all guests.
  • Business License Fee: Annual registration License on business and professionals.

    Basis is estimated on turnover applied at from .5-8%.

  • Slaughter Tax: Slaughter houses. 3%
  • Stamp Tax: applications or licenses. Riels10,000-300,000
  • Excise Tax: On consumables: cigarettes, tobacco, liquor, coffee, soft drinks,

    lotus seeds, ice cream. 20-50%.

0

Comments

Please, login or register to post a comment

Latest Video

Phnom Penh eats: Homegrown veggies at Bayon Beoung Snor

‚ÄčNestled along National Road 1, Bayon Beoung Snor is a farm-cum-restaurant. The team grows their own vegetables, which they then use to whip up traditional Khmer food.

Bill Clough reflects on The Phnom Penh Post's 25 year history

The Post's publisher Bill Clough, under whose leadership the publication went from a fortnightly to a daily one, discusses his investment in Cambodia, his vision for the paper in an increasingly digital age,