Our Services
1. Tax Compliance
As a registered real regime taxpayer, a Company is required to submit the monthly tax returns to comply with the tax obligations:
- Monthly tax compliance
1. Prepayment of Profit Tax – 20th of the following month
2. Withholding tax – 20th of the following month
3. Salary and Fringe benefits tax – 20th of the following month
4. Value Added Tax – 20th of the following month
5. Others (Accommodation Tax, Specific Tax on Certain Goods and Services) – 20th of the following month
- Yearly tax compliance/Annual Tax on Profit Return
This is a yearly tax on profit that is required the Company to submit within 3 months after the year-end (calendar year or tax year).
Various expenses are required for tax adjustments (taxable or non- taxable in nature), we will assist the Company to ensure all adjustments being made to ensure a corrected calculation of taxable profit/loss to identify a corrected tax amount.
- Patent tax compliance
This Patent tax is a yearly tax that requires to be paid by the 31 March of the following year and the tax payable will depend on the turnover of the Company.
2. Tax Advisory Services
We provide tax advice to the specific transactions for the correct tax treatment, including seek ruling from the Tax Office.
3. Tax Audit Assistance
Under the Cambodian Tax Laws, the tax officials will conduct the tax audit after 3 years after the lodgement of tax returns or any time upon the request from the taxpayers. The maximum years of
We will assist the Company as tax consultant in liaising with the Tax Official during the tax audit, include meeting, arrange documents for tax audit, review tax reassessment notice, draft administrative protest and liaise to finalise the tax audit to ensure that our client will pay a corrected tax reassessment!
4. Tax Training
We will design the training based on the applicable taxes of the Company. This will equip the Company’s staff with a sound tax knowledge and will be able to prepare the monthly tax or annual tax return by themselves. This will save cost to the Company in long term.
5. Tax Review
There are two types of tax reviews: Pre-tax return lodgement and Post- tax return lodgement:
- Pre-tax return lodgement: we will review the tax returns prepared by the accountant of the Company before it is lodged with the Tax Office, which is can be done for a few months to ensure that the tax accountant can handle the preparation process.
- Post-tax return lodgement: we will review the lodged tax returns, which can be done, quarterly, semester or annually, this is to ensure that all tax matters are properly monitor and rectify of any error.
6. Tax Due Diligence (TDD)
TDD is required for the acquisition or Joint Venture to ensure that all tax liabilities of the target is identified to ensure that all indemnities are properly covered in the Purchase and Sell Agreement (PSA) and the value of the Company is correctly calculated.
7. Tax Registration
The Company is required to register with MoC after 15 days after the approval, the tax registration is a straight-forward process, however, it required certain documents to be arranged before submission to the Tax Office and all the forms shall be properly completed to minimize the approval process.
To complete a tax registration, the owner or chairman of the Board is required to present at the Tax Office (to take picture and figure print).
What we can help?
To ensure all information are properly completed and arranged as required to minimize the registration timeframe.