St 284, Olympic, Boeng Kengkorng.
089 888 478/ 093 888 797
There are two categories of invoices:
- Tax Invoices: all medium and large taxpayers must issue tax invoices to their customers which are the self-declaration regime the same as themselves.
- Commercial Invoices: all medium and large taxpayers must issue commercial invoices to their customers which are non-self-declaration regimes or they are end-users; and small taxpayers can issue only commercial invoices to their customers.
Medium and large taxpayers must keep invoices for at least 10 years, and small taxpayers are at least 3 years.
Fine and penalty
Improper issuance of invoices will face:
- Closing the company
- To pay the unpaid amount on the fake invoices
- Unilateral tax re-assessment
- 10 million riel penalty on tax abstraction or be in prison for one year or both
- 20 million riel penalty on tax evasion or be in prison for five years or both
Using Invoice Number
*The sequence number on sale invoices must be reset once a year. For example, the whole year 2021your sale invoice number is from 0001 to 0001500. So at the beginning of year 2022 you must issue from 001 again.
Using Exchange Rate
According to the latest notice of the General Department of Taxation No. 26118, dated October 28, 2022, the use of the exchange rate shall apply as follows:
- The exchange rate on sale invoice: taxpayers must use the daily exchange rate issued by the National Bank of Cambodia.
- Exchange rate for salary tax calculation: taxpayers must use the exchange rate issued by National Bank of Cambodia on the 15th
- The exchange rate on any transaction that has no exchange rate on their invoices: taxpayers must use the exchange rate issued by the National Bank of Cambodia the day at the end of each month.
- Exchange rate for tax on income calculation: taxpayers must exchange the rate issued by the National Bank of Cambodia the day at the end of December each year.