Cambodia Tax Authority Issues Sub-Decree on VAT Law

The Cambodian General Department of Taxation March 11 issued Sub-Decree No. 49, on the rules and procedures for the management of VAT collection. The sub-decree includes measures setting: 1) the registration deadline of 15 days after becoming a taxable person, for self-declared taxpayers who make taxable supplies; 2) registration requirements for nonresidents without a permanent establishment (PE) that engage in e-commerce; 3) rules for the cancellation of VAT registration; 4) a zero percent VAT rate for exports; 5) a 10 percent VAT rate for domestic taxable supplies; and 6) invoicing and recordkeeping requirements. The sub-decree enters into force the same ...