Corporate Income Tax Services

Corporate taxpayers in Cambodia are classified as either resident taxpayers or non-resident taxpayers. A resident taxpayer is primarily an enterprise that has a place of management and carries on business in Cambodia, as defined below. A non-resident taxpayer is an enterprise that derives Cambodian source income but does not have a place of management in Cambodia. A non-resident taxpayer will be deemed to be a Cambodian resident for tax purposes if it is found to have a Permanent Establishment (PE) in Cambodia. A resident taxpayer is subject to Tax on Income (ToI) or Corporate Income Tax (CIT) on income derived from both Cambodian and foreign sources, whereas a non-resident taxpayer is subject to ToI/CIT in respect of its Cambodian source income only.

Our Corporate Tax team advises organisations and provides tax compliance supports on domestic and international tax laws affecting local and cross-border transactions and other regulatory matters, such as foreign investment rules and industry-specific regulatory requirements as well as domestic tax issues such as incentives, deductibility, and corporate tax management.

Corporate tax obligations both in Cambodia and across the globe can represent a substantial outflow of funds from a business. Expanding tax reporting requirements, and increased scrutiny by tax authorities together with the imposition of penalties for non-compliance mean that the governance of tax can absorb increasing amounts of senior management time.