Cambodia: Taxation of garment, footwear producers and financial lease transactions

Cambodia: Taxation of garment, footwear producers

The Ministry of Economy and Finance in late 2015 issued guidance that:

Related content

  • Further suspends the “prepayment of profit tax” for certain eligible garment and footwear production enterprises until the end of 2017. The “prepayment of profit tax”—imposed at a monthly rate of 1%—had been previously extended until the end of 2015. This suspension is available, provided that eligible enterprises continue to maintain accounting records, timely declare the tax on profit, and comply with other tax obligations.
  • Sets forth measures clarifying the tax procedures for financial lease transactions. This guidance defines certain terms and explains the obligations for the lessor and lesser with respect to a financial lease transaction.


Read a January 2016 report [PDF 1.54 MB] prepared by the KPMG member firm in Cambodia

Online registration of all companies

Cambodia’s Ministry of Commerce in late 2015 issued guidance requiring enterprises and business establishments to register (or re-register). This requirement is intended to provide that the on-file information is up to date.


Read a January 2016 report [PDF 3.16 KB] prepared by the KPMG member firm in Cambodia

Taxpayer classification

Guidance in late 2015 sets forth the criteria for classifying “real regime” taxpayers into one of three categories—small, medium, and large taxpayers. There are certain tax requirements, depending on the taxpayer classification.


Read a January 2016 report [PDF 119 KB] prepared by the KPMG member firm in Cambodia

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal



KPMG's new digital platform

KPMG's new digital platform