Cambodia: VAT-related guidance for invoices | KPMG | GLOBAL

Cambodia: VAT-related guidance for invoices; interest rate for loans (2015)

Cambodia: VAT-related guidance for invoices

Cambodia’s tax department issued guidance concerning the use and issuance of invoices for registered “real regime” taxpayers. The guidance (issued in late January 2016) clarifies existing requirements and establishes certain conditions.


Related content

For example:

  • Invoices must be printed in Khmer or be bilingual (in both Khmer and English, with English written below Khmer).
  • Invoices must be signed by both suppliers and customers.

Failure to comply can result in disallowed value added tax (VAT) input claims and disallowance of the claim of expense for tax on profit purposes.

Taxpayers are required to attach proper invoices or provided scanned copies during the monthly tax declaration for claiming VAT input, as well as maintaining proper invoices for expense deductibility purposes.


Read a February 2016 report prepared by the KPMG member firm in Cambodia: Technical Update

Interest market rate for loans

This KPMG report also includes information on the interest market rate for loans in U.S. dollar and Khmer riel for use in calculating the tax on profits for the year ended 2015, as follows:

  • 10.28% for loans in U.S. dollar
  • 19.51% for loans in Khmer riel

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