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    Audit · Tax · Accounting · Advisory — Phnom Penh

    Independent audit, tax and accounting for businesses in Cambodia

    Fourmi & Partners is a partner-led CPA firm in Phnom Penh. We sign our own audit opinions, file your taxes on time, keep your books audit-ready and build the software we use to do it — in Khmer, English and Chinese.

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    Our reports go out on the firm's own letterhead, signed by the partner who did the work.

    Founded
    2018, Phnom Penh
    Audit opinions
    Signed by a KICPAA-registered partner
    Partners
    ACCA fellows (FCCA), CPA (KICPAA)
    Languages
    Khmer, English, Chinese
    Standards
    CIFRS · CISA · IESBA Code
    Technology
    Xero partner · in-house tools
    Why Fourmi & Partners

    Small enough to know your file. Qualified enough to sign it.

    Four things we hold ourselves to on every engagement.

    A partner on every file

    The partner who scopes your engagement runs it and signs it. Questions go to someone who knows your business, not to a rotating team of juniors.

    Independent, and locally owned

    We are owned by our partners — not by a bank, a law firm or a franchise network. Our advice has no other customer.

    Khmer and English, as standard

    Every deliverable can be issued in Khmer and English, and we work with Chinese-speaking clients and investors. Nothing gets lost between your team, your board and the tax office.

    We build our own tools

    Our team builds software for document intake, e-signature and reporting, so filings move faster and errors are caught before a regulator sees them.

    We run on Cambodia's compliance calendar

    The deadlines that matter for a December year-end. We track them for every client so you don't have to.

    1. 20th of each month

      Monthly tax returns

      VAT, tax on salary, withholding tax and prepayment of tax on income, filed with the GDT.

    2. 31 March

      Annual tax on income return and patent tax

      The annual tax on income return and the patent tax renewal for the year just ended.

    3. 15 July

      Audited financial statements to ACAR

      For entities that meet two of the three audit thresholds (turnover, assets, headcount) under Prakas 563.

    Your business lifecycle

    Where are you on the journey?

    Pick the stage closest to yours. We support businesses from registration to exit, and the questions change at every step.

    Launch your business in Cambodia

    Incorporation on the Ministry of Commerce online portal under the Law on Commercial Enterprises, GDT tax registration, ACAR FIN registration and sector licensing.

    Typical questions at this stage

    • Choosing between a Private Limited Company (LCE Art. 86, KHR 4M minimum capital), Foreign Branch (Art. 278) or Representative Office (Art. 274)
    • Registering the mandatory Khmer company name (Art. 5), 25%+ beneficial owners and statutory Company Secretary (2022 Amendment)
    • Completing GDT tax registration, Patent Tax, VAT registration (Prakas 099) and ACAR FIN activation

    Where we usually help

    Talk to us about this stage
    What we do

    Six practice areas, one team

    From company registration to the audit opinion, every service is delivered by the same partners — so nothing falls between the gaps.

    Not sure which you need? Try the service finder

    Audit & Assurance

    Independent audit services ensuring financial transparency and regulatory compliance.

    • Financial Statement Audits
    • Internal Audits
    • Compliance Reviews
    Learn more

    Accounting

    Comprehensive accounting solutions from bookkeeping to financial reporting.

    • Bookkeeping Services
    • Financial Reporting
    • Payroll Management
    Learn more

    Tax Services

    Strategic tax planning and compliance support for local and international regulations.

    • Tax Compliance
    • Tax Planning
    • Transfer Pricing
    Learn more

    Advisory

    Business advisory services to help you navigate challenges and seize opportunities.

    • Business Strategy
    • Risk Management
    • M&A Advisory
    Learn more

    Digital Enablement

    Technology solutions and automation to streamline your business operations.

    • Process Automation
    • Digital Transformation
    • Xero Accounting Software
    Learn more

    Corporate Services

    Company formation, compliance, and corporate governance support in Cambodia.

    • Business Registration
    • Corporate Secretary
    • Licensing & Permits
    Learn more
    AlsoCorporate secretaryLicensing & permitsLabour complianceXero implementation
    Who we work with

    Sectors we know from the inside

    Our client base is broad, but these are the sectors where we have audited, filed and advised for years.

    • Manufacturing & garments

      Factories, CDC-registered QIPs, export supply chains (0% zero-rated VAT under LoT Art. 65(2) and State-Borne VAT under Notification 014), IAS 2 inventory costing and ISA 501 year-end stock counts.

    • Retail, F&B & distribution

      Multi-outlet retail, restaurants and distributors: POS-to-Xero reconciliation, 10% VAT invoicing (Prakas 099), IAS 2 FIFO/weighted-average inventory and NRV write-downs.

    • Hospitality & tourism

      Hotels, resorts and tour operators: 2% Accommodation Tax (LoT Art. 100 & Prakas 173), 10% VAT, seasonal payroll/NSSF, and dual-currency USD/KHR reporting under IAS 21.

    • Real estate & construction

      Developers, contractors and property managers: IFRS 15 project revenue, IAS 16 Construction-in-Progress, 10% rental WHT (Prakas 518) and Prakas 577 Stamp Duty.

    • NGOs & donor-funded projects

      Entity-wide NFPO accounting and ACAR filings under Article 17 of the Law on Accounting and Auditing (2016), ISA 800/805 donor grant audits, and monthly WHT/ToS/NSSF compliance.

    • Professional services & technology

      Consultancies, software companies and foreign-owned subsidiaries: ISA 600 component audits, 14% non-resident WHT (Prakas 518), 10% Reverse Charge VAT (Instruction 27617) and Prakas 986 transfer pricing.

    Partners

    The people who sign

    Three partners. Every engagement is led by one of them.

    Meet the partners
    Credentials

    Qualified, registered and working to international standards

    The qualifications behind the firm, and the standards we apply to every file.

    Professional bodies

    • KICPAA — Kampuchea Institute of Certified Public Accountants and Auditors
    • ACCA — partners are Fellows (FCCA)
    • Partners registered as Cambodian CPAs, as required to sign audit opinions

    Standards we work to

    • CIFRS and CIFRS for SMEs for financial reporting (LAA 2016 & ACAR)
    • Cambodian International Standards on Auditing (CISA / ISA 200–805) & ISQM 1/2
    • IESBA Code of Ethics, Law on Taxation (2023) & Law on Commercial Enterprises

    Technology

    • Xero partner firm
    • In-house tools for document intake, e-signature and reporting
    • Cloud bookkeeping with monthly management reports
    Insights

    The rules, explained before you need them

    Short, sourced answers to the questions clients ask us most: deadlines, thresholds, rates and what they mean for a business in Cambodia. Articles are published in English.

    Learn with Fourmi All insights
    FAQ

    Questions we hear most

    We act for owner-managed Cambodian SMEs, foreign-owned subsidiaries and branches (LCE Arts. 86 & 278), Qualified Investment Projects (QIPs) and registered Not-for-Profit Organisations / NGOs (Law on Accounting and Auditing 2016 Arts. 16–17) across manufacturing, retail, hospitality, real estate, technology and donor-funded programmes.

    Under Prakas 563 MEF.Prk (10 July 2020), an enterprise must have its annual financial statements audited when it crosses at least two of three thresholds: annual turnover above KHR 4 billion (~USD 1 million), total assets above KHR 3 billion (~USD 750,000), or more than 100 employees (and for QIPs and Public Interest Entities). The audit is conducted under CISA (ISA 200–720), signed by a KICPAA-registered CPA partner, and submitted to ACAR via efiling.acar.gov.kh by 15 July.

    Monthly returns — 10% Value Added Tax (Prakas 099), Withholding Tax at 15%/10%/14% (Prakas 518), Tax on Salary (0%–20%, Prakas 543), 20% Fringe Benefits Tax (Prakas 575) and the 1% Prepayment of Tax on Income (LoT 2023 Art. 28) — are due to the GDT by the 20th of the following month. For a 31 December year-end, the annual Tax on Income return (20% standard rate) and Patent Tax renewal are due by 31 March.

    Under the Law on Accounting and Auditing (2016) Articles 11, 21 and 22, non-publicly accountable enterprises use CIFRS for SMEs (or may elect full CIFRS), while Public Interest Entities use full CIFRS. Financial statements and audit reports must be prepared in the Khmer language and presented in Khmer Riel (KHR), with English and USD shown alongside under IAS 21, and accounting records retained for 10 years (Arts. 23 & 26).

    Most foreign-owned companies in Cambodia are classified as Large Taxpayers. We run dual-currency USD/KHR ledgers in Xero, manage monthly and annual GDT compliance, prepare Prakas 986 Transfer Pricing Local Files (where common ownership is 20% or more) and 14% non-resident WHT / DTA filings, and act as the Cambodian component auditor under ISA 600 alongside the 15 July ACAR statutory audit.

    Yes. We handle incorporation on the Ministry of Commerce online portal under the Law on Commercial Enterprises (including the mandatory Khmer name under Art. 5, minimum KHR 4 million capital under Art. 86, 25%+ beneficial ownership and statutory Company Secretary under the 2022 Amendment), GDT TIN and Patent Tax registration, ACAR FIN registration, the MOC Annual Declaration (Art. 7), share transfers (Art. 154 & Prakas 577 Stamp Duty) and charter amendments (Art. 235).

    Employing staff requires registration with the Ministry of Labour and Vocational Training (MLVT) and the National Social Security Fund (NSSF), which covers occupational risk, health care and pension contributions. Monthly payroll withholds progressive Tax on Salary (0%–20%, Prakas 543) and 20% Fringe Benefits Tax (Prakas 575). Undetermined Duration Contracts (UDCs) carry 15 days' seniority indemnity per year paid in June and December (Prakas 443), Fixed Duration Contracts (FDCs) carry 5% severance, and foreign employees require annual work permits.

    Xero holds your dual-currency (USD and KHR) general ledger, bank feeds and management reports. ANTECS — our in-house platform in Phnom Penh — handles Khmer/English document intake, Cambodian tax classification, preparer-and-reviewer sign-off, e-signature and the filing packs for the 20th monthly GDT returns, the 31 March ToI return and the 15 July ACAR submission.

    We work in Khmer, English and Chinese. Every statutory deliverable — financial statements, independent auditor's reports, tax filings and corporate resolutions — can be issued bilingually in Khmer and English as required by Cambodian regulators (LAA 2016 Arts. 22, 24–25 and LCE Art. 5), with English and Chinese communication for overseas boards and investors.

    Every engagement begins with a direct conversation with one of our three KICPAA-registered partners to check which statutory rules apply to your company. We then issue a written proposal and letter of engagement (ISA 210 / firm engagement terms) with clear fixed monthly retainers for ongoing accounting, payroll, tax and corporate secretary work, or fixed engagement fees for statutory audits, registrations and advisory projects.
    Contact

    Talk to a partner

    Tell us what you are dealing with — a first audit, a letter from the tax office, a new company, books that need sorting out. A partner replies within one working day.

    Email
    hello@fourmiandpartners.com
    Phone
    +855 (0) 23 926 999
    Office
    Building #12, Street 348, Phum 4, Sangkat Toul Svay Prey Ti Mouy, Khan Boeng Keng Kang, Phnom Penh
    Office hours
    Mon–Fri 8:00–17:00 · Sat–Sun closed
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