Monthly taxes Pay
Monthly taxes Pay
You have to print and fill out tax return forms for every tax you should pay. As there isn’t an online system yet, you need to bring these forms to the Tax Ministry.
Access the different tax return forms here: http://www.tax.gov.kh/en/download.php
The following are the common taxes that a company has to pay. There could also be additional taxes, depending on the activity of the company.
1) Tax on Profit
Profit tax prepayment:
Every month, you need to pay 1% of your turnover of the previous month inclusive of all taxes, except for VAT.
Annual tax on profit:
At the end of the year, you will have to pay a tax for a total amount of 20% of your income. You can then deduce the 1% you paid every month during the year.
Deadline: From January to March of each year.
Annual taxable profit in Khmer Riels for sole proprietorships, partnerships:
0 – 12,000,000 KHR (0 – 3,000USD) 0%
12,000,001 – 18,000,001 KHR (3,001 – 4,500 USD) 5%
18,000,000 – 102,000,000 KHR (4,501- 25,500 USD) 10%
102,000,001 – 150,000,000 KHR (25,501 – 37,500 USD) 15%
above 150,000,000 (above 37,500 USD) 20%
2) Withholding Tax
Rental : 10%
Labour : 15%
Service: 14%
Fixed deposit: 6%
Non Fixed deposit: 4%
3) VAT Tax
The standard rate of VAT is 10%. It applies to all supplies, excluding exports and non-taxable supplies. Exported goods from Cambodia and services consumed outside Cambodia are not subject to VAT tax. The VAT is charged to the client and then paid to the government.
4) Patent Tax
The patent tax is a fixed annual fee. It depends on which taxpayer category your company belongs to (small, medium or large). The patent tax for sole proprietorships and partnerships is $100, $300, $750, $1250 Per Year. which is approx. KHR400,000.
You can find out more about the tax exemptions for SMEs here.
5) Salary Tax and Tax on Fringe Benefit
A company which has employees has to withhold tax before paying the employees and to pay it to the tax administration the month after the salary is paid. The rate depends on the employee salary, as listed below :
Access the different tax return forms here: http://www.tax.gov.kh/en/download.php
The following are the common taxes that a company has to pay. There could also be additional taxes, depending on the activity of the company.
1) Tax on Profit
Profit tax prepayment:
Every month, you need to pay 1% of your turnover of the previous month inclusive of all taxes, except for VAT.
Annual tax on profit:
At the end of the year, you will have to pay a tax for a total amount of 20% of your income. You can then deduce the 1% you paid every month during the year.
Deadline: From January to March of each year.
Annual taxable profit in Khmer Riels for sole proprietorships, partnerships:
0 – 12,000,000 KHR (0 – 3,000USD) 0%
12,000,001 – 18,000,001 KHR (3,001 – 4,500 USD) 5%
18,000,000 – 102,000,000 KHR (4,501- 25,500 USD) 10%
102,000,001 – 150,000,000 KHR (25,501 – 37,500 USD) 15%
above 150,000,000 (above 37,500 USD) 20%
2) Withholding Tax
Rental : 10%
Labour : 15%
Service: 14%
Fixed deposit: 6%
Non Fixed deposit: 4%
3) VAT Tax
The standard rate of VAT is 10%. It applies to all supplies, excluding exports and non-taxable supplies. Exported goods from Cambodia and services consumed outside Cambodia are not subject to VAT tax. The VAT is charged to the client and then paid to the government.
4) Patent Tax
The patent tax is a fixed annual fee. It depends on which taxpayer category your company belongs to (small, medium or large). The patent tax for sole proprietorships and partnerships is $100, $300, $750, $1250 Per Year. which is approx. KHR400,000.
You can find out more about the tax exemptions for SMEs here.
5) Salary Tax and Tax on Fringe Benefit
A company which has employees has to withhold tax before paying the employees and to pay it to the tax administration the month after the salary is paid. The rate depends on the employee salary, as listed below :
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