- 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%.
MOST VIEWED
12th Cambodia int’l film festival to see return of Hollywood starPhnom Penh is set to come alive with the magic of cinema as the highly anticipated 12th Cambodia International Film Festival (CIFF) takes centre stage. Boasting an impressive line-up of 188 films from 23 countries, including captivating shorts, feature films, documentaries and animation, the festival promises an
Bareknuckle champion wants Kun Khmer fighterDave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was
Struggling Battambang artist dreams of staging full-scale gallery exhibitionLeav Kimchhoth, a 55-year-old artist from Battambang province, is a familiar face to locals and tourists alike on the streets of the riverside in Phnom Penh. The one-armed painter and illustrator often hawks his work near the night market on weekends and public holidays. He
Fresh Covid warnings as Thai hospital fillsA senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,
1.4 billion dollar Phnom Penh-Bavet expressway due in four yearsThe Government, through the Ministry of Public Works and Transport, has officially signed a public-private partnership agreement with a private company for the construction of a Phnom Penh-Bavet Expressway project that will connect the capital to Svay Rieng province. The budget for the project is
New Law on Taxation comes into effectCambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom. King Norodom
