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

Customers often ask us, can you register a company that does not pay taxes? Let's discuss it through this article today. The article is based on our more than two years of actual work experience, the study of relevant laws and regulations, and the communication with government officials. If there are any deficiencies, please forgive me.

To register a company in Cambodia, you must first obtain a license from the department of commerce, which includes the provincial and district-level commerce bureaus and the national-level commerce department.

The first situation is: In order to encourage the development of small businesses, the Cambodian government may apply for registration at the district or provincial level of commerce and obtain a business license. The template is as follows:

According to the regulations, it is necessary to go to the tax branch for tax registration within 15 working days after obtaining this permit, and operate legally after obtaining the tax permit.

Moreover, the Ministry of Commerce recently stipulated that this type of permit is generally only granted to citizens of the country. That is, foreign investors cannot apply for the above-mentioned certificates.

In the past, some foreign investors applied for the above-mentioned permits for convenience, and failed to go through tax registration as required. Because this kind of license is different from ordinary companies in the competent authority and application process, it is rumored that this kind of company does not have to pay taxes. Imagine that personal income must be taxed, and a profit-oriented entity does not need to pay tax. Is this possible?

If you have the above situation, it is recommended to reapply for the tax registration certificate as soon as possible and pay the relevant fines. To avoid more fines and tax risks, Cambodian tax fines generally start at US$500. The price is similar to that of Cambodian white radishes. Taxes and late fees must be paid. We have seen small shops fined 60,000 US dollars.

The second way to register a company is to register with the Ministry of Commerce that we often encounter. It is similar to the State Administration for Industry and Commerce of China, located in the capital Phnom Penh. Simply put, all Chinese registered companies must register with the Phnom Penh Ministry of Commerce. At present, the Ministry of Commerce is also promoting online registration. Due to the influence of the entire Internet package (such as online payment) and immediate benefits, online applications are currently rarely run. The following picture is a screenshot of the online application of the Ministry of Commerce, and also answers the types of registered companies that everyone cares about.

After the Ministry of Commerce has completed the certificate, as described in our previous article, you need to open a bank account, and then go to the taxation bureau in Phnom Penh to go through the tax registration work. It is worth reminding that the time required to process documents is obviously too long recently, and it takes about 65 working days to actually register a company. Investors should fully consider this factor when making investment decisions.