The Ministry of Economic and Finance has issued Prakas 100 MEF.PrK dated January 29, 2019 which aims to suspend 1% of prepayment of tax on income (PTOI) for agricultural enterprises for five year period starting from January 2019.
The agricultural products stated under this Prakas refer rice paddy, corn, bean, pepper, cashews, cassava and rubber.
To receive this benefits, enterprises shall comply with their tax obligations and maintain proper accounting records.
Advance Grand Formula Co., Ltd is a Cambodian tax agent under license number – TA202204002.
Should you need any further information or support, please contact us at: tax@advancegroupkh.com.
Advance Grand Formula Co., Ltd is licensed audit firm from Accounting and Auditing Regulator (ACAR Decision N0. 014), member audit firm of Kampuchea Institute of Certified Public Accountants and Auditors (license number C-00085) and tax agent from General Department of Taxation (license number TA202204002).
This Publication is intended for general guidance only and should not form the basic of specific decisions.
Should you need any further information or support, please contact us at: accounting@advancegroupkh.com (accounting), audit@advancegroupkh.com (audit), tax@advancegroupkh.com (tax) and number and telegram 085 36 8888 and 070 399 888.
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