Leaving Cambodia and ceasing your tax residency can be straightforward if you follow the right steps. Here’s a comprehensive guide to help you navigate through the process efficiently.
Step 1: Notify the General Department of Taxation (GDT)
The first step in ceasing your tax residency in Cambodia is to formally notify the General Department of Taxation (GDT). This can be done by submitting a written notification indicating your intention to cease tax residency. Make sure to include your tax identification number (TIN) and any relevant personal details.
Step 2: Settle Outstanding Tax Liabilities
Ensure that all your outstanding tax liabilities are settled. This includes any income tax, VAT, or other taxes you owe. Obtain a tax clearance certificate from the GDT to confirm that you have no pending tax obligations.
Step 3: De-Register from the Tax System
Submit a request to de-register from the Cambodian tax system. This can be done by submitting a formal application to the GDT, requesting that your tax identification number (TIN) be deactivated.
Step 4: Close Business Operations (if applicable)
If you have any business operations in Cambodia, you must officially close them. This involves de-registering your business from the Ministry of Commerce and ensuring all business-related taxes are settled.
Step 5: Obtain a Tax Residency Certificate
Request a tax residency certificate from the GDT to confirm the termination of your tax residency status. This document serves as confirmation that you are no longer considered a tax resident of Cambodia.
Step 6: Keep Records
Keep all documents and records related to the cessation of your tax residency. This includes notifications, tax clearance certificates, de-registration documents, and the tax residency certificate.
Legal References
- Law on Taxation, Cambodia
- Prakas No. 098 MEF.Pr
- General Department of Taxation Guidelines
Useful Links
