Cambodia Tax Regulation Update-June 2020
The Ministry of Economy and Finance (MEF) promulgated Prakas No. 525 on June 19, 2020, which aims to reduce the withholding of withholding when the Cambodian banks and microfinance institutions ("MFI") pay domestic and overseas interest payments Tax ("WHT
2021
07
Jul
There is a pitfall in Cambodia's accounting and tax return. Many people don't know it after entering!
2021-07-07

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: exe5555, 0717264227

I love cambodia

Lao Li, you feel as if you are in Greater China when you hear an authentic Sichuan dialect.

"Le (this) month gave Sijian a lot of (how many) votes?"

"180,000, Old Li's partner Qiang Brother replied."

"That's a lot (how much) tax?"

"Like the previous few months, pay 10% of value-added tax and 1% of income tax, totaling 19,800."

"MD, I have already paid nearly 200,000 taxes this year. If I were to buy a house in Yibin."

"But this is also good in Cambodia. Spend money to get rid of (saving trouble). What is the profit in the country? It is simple here. Just pay the money directly. It is very easy to get rid of, and you don’t need to find any (what) tickets. Cambodia is better, I love Cambodia! With that, Lao Li took a sip of Angkor."

"Yeah, you said that Cambodia pays a 1% income tax. Does he care if you make money? How much? I also checked with our accountant several times, and he said it would be the same! If there is only one kind in the world What a good language!" said Brother Qiang.

New Year

Time is so fast, Lao Li eats hot pot and sings to the end of the New Year, and he returns to Cambodia.

"The accountant said we still pay 380,000 taxes." Brother Qiang blushed like King Qi Qi's ass.

"Fart, what (what) tax do you have to pay? Isn't it done? 380,000 US dollars? Why don't you cut (go) to grab it?"

"Accountants said that this is income tax. The previous income tax was paid in advance. At the end of March, we made more than 2 million yuan. We have to pay 19%, which is about 380,000 US dollars."

The Wuliangye that Lao Li drank during the Chinese New Year was all over his head.

Serve the people

After the tax was calculated, Lao Li asked an accountant, who said in unfluent Mandarin: "This is the law!"

Lao Li wants to go back to China and uses the 380,000 yuan to buy a villa. But the relationship with Sijian can't be broken!

Find friends, find officials, after dinner...

Old Li looked at Brother Qiang's bald head, and I can't blame him for this, brother for so many years!

In 2018, serve the people! Lao Li shouted after drinking the last sip!

Accident is the story

What happens to others is called a story,

It's called an accident on myself,

2019, still serve the people?

Zhuo Zhi, a friend who lets you only listen to stories!