- 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
Cambodia unveils new quarantine regulations The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian
Cambodia sets new Covid-19 quarantine rulesThe government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian
Hun Sen: Cambodia set to fully reopenPrime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to
Will Evergrande change the way Chinese developers do business in Cambodia?China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’
Cambodia resumes issuance of tourist visasThe Ministry of Foreign Affairs and International Cooperation has announced the resumption of its tourist visa and visa exemption programme after a long hiatus due to the Covid-19 pandemic. In a letter dated October 20 and addressed to foreign embassies and consulates, foreign minister Prak Sokhonn
Cambodia voted ‘world’s friendliest country’ in Rough Guides reader pollCambodia ranked number one among the “World’s Friendliest Countries”, according to a reader poll conducted by London-based international website “Rough Guides”. Taking submissions through Twitter and Facebook, “Rough Guides”, a well-known travel agency and publisher of guidebooks, said the Kingdom “was by far the
