News

SokSiphana&associates Awarded the Golden Certificate of Tax Compliance

SokSiphana&associates (a member of ZICO Law) is honoured to have been awarded the Golden Certificate of Tax Compliance by the General Department of Taxation (GDT) of the Kingdom of Cambodia. This certificate is to incentivise taxpayers to fulfill their obligation of paying taxes and to comply with all the relevant regulations.

The award certificate has three tiers: Gold, Silver and Bronze. To qualify for each type, taxpayers are assessed by a variety of criteria including, but not limited to the duration of compliance, integrity and transparency in financial reporting. This certification has a variety of benefits including a refund of Value Added Tax (VAT) of any value below 500 Million Riel without requiring an audit as well as a full audit every two years without requiring a partial audit or audit on paperwork unless requested by taxpayer. 

SokSiphana&associates is the only law firm in Cambodia that has registered with the General Department of Taxation. Since our registration in 2010, we have complied with all tax obligations 

To learn more about this award, please visit this link (awarding criteria) and this link (benefits).