This service account insists on originality. The author is Zhang Xiaoming, partner of Zhuozhi (Cambodia) Accounting Firm, three years of multinational enterprise management experience, six years of listing audit experience, five years of entrepreneurial experience, Chinese certified public accountant (CPA), international certified public accountant (ACCA) ). WeChat: 13928404895, 085502018
Cambodia’s investment has definitely been very hot recently. Based on its assets in US dollars, political stability, good Sino-Cambodian relations, visas on arrival, deep water ports and many other factors, there are many negative news such as headshot ports, but Chinese people who come to invest Still in an endless stream. When you come to Cambodia, you will encounter many pits, not only Cambodia pits, but also Chinese pits.
People who come to Cambodia are not human beings, that is, scum. It is not easy for ordinary people to stay in the country. At the same time, the Cambodians who have a relationship with you are not idlers, claiming that it is either rich or expensive. This means that the people you will face after you come need to be carefully distinguished and distinguish between Li Kui and Li Gui. The human spirit is okay, as long as you act according to the rules. But encountering scum can be troublesome. In the first pit, you need to watch your words and deeds so as not to enter the pit.
To invest in Cambodia, you must consider the issue of personnel recruitment. No matter if you are recruiting blue-collar or white-collar workers, it is not easy to recruit. Cultural differences between the locals, blocking job opportunities, many holidays, union rights protection, etc. are all issues that need to be considered. Few Chinese come here, and they don’t want to really help you out unless you are appointed from the country, but the cost is one question. The second pit is to do more market research based on your own industry.
Investment requires companies. The company's full set of information includes the license of the Ministry of Commerce and the tax bureau. I’ve heard that some people don’t do things if they charge money, and they only help investors get a license from the Ministry of Commerce (a fine of a few thousand in the follow-up). Some registered companies do not do business and pay taxes every month. I handed over thousands of investors. In the third pit, you need to find a professional agency to communicate smoothly and have a fixed office factory.
After investing in a company, fiscal and tax issues are the most important issue. Some people who have not filed a tax return for three years have been fined 40,000 US dollars, some have not filed a tax for a year, and they have been fined 7,000 US dollars. Some have seen a fine of more than 700,000 US dollars a year for the tax bureau. . Cambodia’s tax fines are absolutely exaggerated. Overdue fines start at US$500, and overdue fines of more than half a year are fined 500 US dollars per month. Taxes are paid back, and late fees and interest are added. The tax bureau conducts a small review every year and a major review in three years. Since many companies in Cambodia currently do not keep accounts and their accounting records are incomplete, investors cannot provide accounting records consistent with the tax declaration data when the tax bureau checks the accounts. This results in a lack of basis when communicating with the tax bureau, resulting in huge tax fines. The fourth pit is to definitely find professionals, such as professional agencies with international certified accountants and proficient in Cambodian tax law.
After the investment company collects money, especially some large formal companies, he will require investors to provide formal value-added tax invoices (VAT). I have seen an investor pay a tax of 90,000 yuan because of a 300,000 VAT invoice. 50,000. A total of 140,000. The reason is that the customer does not have an input tax invoice. In order to deduct the value-added tax and increase the cost of the profit tax, he purchased a special invoice from a so-called friend, and the other party did not pay the tax. Lead to the above incident. The fifth pit requires investors to abide by laws and regulations and listen to the opinions of professionals.
