Home Knowledge Other Jurisdictions Southeast Asia Company Registration Comparison of Company Limited, Branch and Representative office in Cambodia
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Independent legal entity |
Has no separate legal personality from its parent company, which means that the parent company is responsible for all liabilities incurred by its branch. |
Has no separate legal personality from its parent company, which means that the parent company is responsible for all liabilities incurred by its RO. |
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Business Scope |
Entitled to perform business activities within its business scope, such as sale, purchase of goods, services, and manufacturing. |
Entitled to perform business activities within its business scope, such as sale, purchase of goods, services, and manufacturing. |
A RO has its limited scope of its businesses to be transacted and is not allowed to carry out generating profit activities (regular sale, purchase of goods, services, manufacturing, processing, construction).
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Registered Capital |
The minimum registered capital is USD1,000. |
The registered capital is not required |
The registered capital is not required |
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Annual Declaration of Commercial Enterprise ("ADCE")
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ADCE must be submitted on the annual basis |
ADCE must be submitted on the annual basis |
ADCE must be submitted on the annual basis |
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Human Resource ("NSFF") |
It is required to pay monthly contribution to NSFF on the behalf of the employees. |
It is required to pay monthly contribution to NSFF on the behalf of the employees. |
It is required to pay monthly contribution to NSFF on the behalf of the employees. |
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A Status of Qualified Investment Project ("QIP") |
Eligible for a status of QIP to be approved by the Council for the Development of Cambodia to receive tax holidays and import duty exemptions. |
Not accepted for QIP |
Not accepted for QIP |
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Monthly Tax Return
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Required to file & pay monthly tax returns, including prepayment of tax on income (1% of monthly turnover), withholding tax (10-15%), value added tax (charged at 10% on the value of the supply of most goods and services), tax on salary ( 5-20%) & fringe benefit tax (20% on the market value of the fringe benefits provided to an employee). |
Required to file & pay monthly tax returns, including prepayment of tax on income (1% of monthly turnover), withholding tax (10-15%), value added tax (charged at 10% on the value of the supply of most goods and services), tax on salary ( 5-20%) & fringe benefit tax (20% on the market value of the fringe benefits provided to an employee). |
Required to file & pay tax on salary, tax on fringe benefit and withholding tax for its’ activity. In the interim, a RO is also obliged to declare the income-related taxes, even though it does not carry out any generating profit activities. |
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Patent Tax (commonly known as business registration tax) |
Shall pay patent tax and renew the Patent Tax Certificate every year before 31st March.
Patent tax for limited company depending on its classification of taxpayer (a medium or a large taxpayer) and its annual turnover (around USD300 per year as a medium taxpayer and USD750-1,250 as a
large taxpayer).
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Shall pay patent tax and renew the Patent Tax Certificate every year before 31st March.
Required to be registered with tax department as a large taxpayer and pay patent tax of USD750-1,250 per year regardless of its annual turnover and a business activity.
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Shall pay patent tax and renew the Patent Tax Certificate every year before 31st March.
Can be registered with tax department as a medium taxpayer and pay patent tax of USD300 per year.
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9 |
Annual Tax on Income ("TOI") Return
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Annual TOI return shall be done due three months after the year end, i.e. 31th March. |
Annual TOI return shall be done due three months after the year end, i.e. 31th March. |
Annual TOI return shall be done due three months after the year end, i.e. 31th March. |
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