VCA Services

Our tax professionals are dedicated to creating distinctive, and often innovative, tax solutions. Our approach starts by developing an in-depth understanding of your business operations. We then focus on minimising risk and developing effective solutions to your tax challenges. We are offering monthly and annually tax declarations by liaison with clients and tax officials to ensure client’s monthly and annually tax calculations are delivered and submitted in timely manner. 

• 1Corporate Tax: Our technical knowledge and experience is used to advise businesses in a wide range of industries including:
  • Manufacturing
  • NGOs
  • Real estate
  • Information Technology
  • Hotels and hospitality
  • Food and beverage
  • Finance

  Our approach to developing effective solutions is to:

  • Analyse your business operations, prioritising issues based on the risk they present
  • Review your current tax position to determine whether tax obligations are being met and if the Company has potential tax liabilities or assets
  • Research relevant regulations and guidance to offer practical solutions based on our experience and deep knowledge base
  • Guide you through the process and ensure effective implementation, laying the foundations for future efficiency benefits and risk reduction.
  • Defend the structure against challenges by the tax authorities
  • Alert you to the latest tax developments.
• 2Market entry: We advise numerous foreign investors on efficient tax structures for their investments. Our experience allows you to consider all the options and set up a corporate structure that meets both operational and tax efficiency requirements. In short, the structure that is best for you.
• 3Transfer Pricing: Transfer pricing is a pervasive tax issue among multinational companies. Compliance with government regulations on tax and transfer pricing, is an important aspect of doing business effectively in the country. We advise and assist Clients on the current interpretations of the tax regulations based on international principles. We provide a comprehensive suite of transfer pricing services, from detailed transfer pricing studies and structuring projects to documentation review.
• 4Expatriate Tax Planning: We have a broad knowledge base and skills to assist you keep your personal income taxes to a minimum, while remaining compliant with legislation. We can develop a personalised package for each key employee to take maximum advantage of the exemptions and incentives available.
• 5International Tax Planning: We strive to develop commercially focused and tailored tax strategies to minimise tax exposures and maximise business efficiency. We utilise our extensive local knowledge and proven tax-efficient strategies to maximise potential benefits and reduce risks. We use these techniques to assist you in planning your legal structure, repatriation planning and exit strategy. In summary, we focus on designing appropriate tax effective structures, to help achieve an integrated tax minimisation plan. Whether to an individual or an organisation, we understand that businesses regularly need to remit funds offshore. As a significant part of our international tax planning, we make withholding obligations and opportunities clear to you.
• 6Tax Due Diligence: We conduct tax due diligence reviews of target companies to analyse their tax exposure and position in relation to acquisitions, mergers or consolidations. We are able to integrate this service with our Advisory Services department in order to offer a comprehensive, holistic due diligence review.
• 7Tax Health Check: Our Tax Health Check involves a high-level review of specific tax areas to highlight the key issues that need to be rectified in order to reduce tax risks. Through our extensive experience, we have identified key risk areas in which many enterprises are not fully compliant or often overlook potential tax planning opportunities. Our tax health check service represents a cost-effective method to proactively manage risks and reduce potential issues arising as a result of a tax inspection.
• 8Customs: Our experienced professionals can help you manage customs issues more effectively through valuation planning and making use of available free trade agreements. We also assist Clients in optimising their customs procedures by making use of potential duty exemptions and efficient import-export structures. Risk mitigation activities include customs audit defense and compliance reviews.
• 9Value Added Tax: We understand the importance of healthy cash flows to expanding businesses. We have an instinct for growth and we will support your growth by streamlining the policies and procedures currently implemented in your business. By reducing overpayments and increasing efficiency, your funds will be more readily available to develop the business.
• 10Government relations: Liaising with government agencies, such as the Ministry of Economy and Finance, the General Department of Taxation and the Customs authorities can be a daunting task. Our tax professionals have developed strong working relationships over many years with officials at various levels to assist you should the need arise. We have extensive experience in negotiating with relevant government agencies on procedural formalities and technical interpretations to resolve disputes in the most effective manner possible.

Business cannot afford to make mistakes in retaining and attracting talented employees. Tremendous forces are radically reshaping the workplace particularly in the growing business like in Cambodia and the region. Business leaders are facing a great challenge with disruptive innovation, skills mismatches and the constant tests of risk and regulations. Organisations need to redefine the way work gets done and create innovative talent ecosystems that build engaged, enabled and agile workforces. Each organisation has a unique history, culture, leadership style and capability set in its employees. VCA will be your strategic partner to help our clients achieve their strategic ambitions. We are offering the services as describe below:

• Executive Search & Selection
• HR Audit (compliance both Cambodia laws and internal regulations/policies)
• HR strategy and policy development
• Job Evaluation and Job Description (HAY method)
• Training and Development

BUSINESS INCORPORATION

VCA provides commercial consultancy and company registration service with the Ministry of Commerce. We provide the service in full-package and supports our client from the start to the end of the registration process.

We have registered several small and medium size enterprise from various sectors as below:

• Import - Export Business
• Wholesale and Retailer
• Mining and Manufacturing
• Construction
• Transportation and Travelling
• Agriculture
• Hotel and Restaurant etc.

PATENT AND VAT REGISTRATION

Every new company owner needs to apply for a Patent and VAT registration at the General Department of Taxation (GDT). A registered company has the possibility to apply for more than one Patent and VAT certificates if the company owner intents to operate multi - business activities. We provide tax consultancy and Patent/VAT registration service with the GDT.