In addition to monthly tax declaration, a duly registered company in Cambodia shall file an Annual Tax Declaration at a tax branch. In the annual declaration reports, company shall identify financial status of the company throughout the year, to name a few, expenses, revenues, losses, etc.

From such report, the company will be able to identify its annual profit/losses and thereafter the due amount of Tax on Profit (ToP). A predetermined 20% annual tax rate on profit shall be paid to the government, if the company make profit. How will you calculate the 20% tax amount? Simply multiply the profit by 20%? No!

CAMBIZIAN Team are tax practitioners on whom you can rely, with respect to annual tax declaration. You can seek for further consultation with us at your most convenient time.