The information you are getting is wrong,
you are going to pay 10% VAT on your sales and you have to pay profit tax from just 3.000$ in annual profits at progressive rates.
As a foreigner you will also have a considerably harder time registering as a small taxpayer or without MOC.
I work often with new startups I recommend you to get help from a professional, you have no idea how many people waste lots of money and get fined because they don't understand the registration and they have to do it all over again.
Also think about if you need to purchase materials or rent a building as your registered capital will affect what you can deduct as company expenses. Increasing the registered capital is moderately expensive and being taxed the max 20% profit tax on your revenue because you went over your registered capital (so that you can't deduct your expenses anymore) is also expensive.
If you don't need to I would not register at all until strictly necessary.

You can actually sue business for copyright infringement quite successfully here, definitely easier and cheaper than in China, you can't stop people from making a cheap scanned copy of your book at the corner printing shop but one of my clients (khmer) sued for copying a khmer music CD which has been distributed to many small shops after getting the details of the people distributing them and was awarded a few thousand dollars which stopped any large scale copying operations. Now if you buy his VCD it is only the original available anywhere (they sell them for 10.000riel, the copies sold for 3500 riel).
For educational books you can sue the schools using them, for generic books it will be much harder as the copying is often done privately in small copy-print shops.
Also you don't necessarily need to involve lawyers and a proper lawsuit, often a person from the IPR ministry will negotiate a settlement and the people making copies will just say sorry, promise not to do it again and pay up a relatively small amount in compensation.

he did not say he intended to distribute them here.

DO NOT

I repeat..

DO NOT

register and operate under an MOC registered company structure here unless absolutely necessary.

Operate as a sole trader.

I have two companies. One I bought as it was the only way to buy the asset. I need to close it down soon as I have a bullshit audit tax bill of over 500,000,000 riel. It includes an audit for years for which I have already been audited and settled with the tax office.

The tax officials never once came to the business, never once asked to see the books. They pick a number out of thin air and then add penalties etc and make you negotiate. The officials are paid a commission. I am going to have to transfer the asset into some elses name and close that company, which will increase the risk of this 6 figure investment markedly. I still pay my local former manager (more each month than an English Language teacher earns in SHV), to deal with these issues on call for me, despite the business no longer operating.

I have registered another company to own land. It does not trade and has only just got its first non revenue producing asset and It still costs me $165 per month to get the tax papers done each month and pay a token amount of tax.

You can take advice from others who may think "they know", but I am advising you from bitter experience.

Thanks for that LJ. Good to know.

Sent from my SM-G570Y using Tapatalk

Thx a lot for the info!

I repeat..

DO NOT

register and operate under an MOC registered company structure here unless absolutely necessary.

Operate as a sole trader.

I don't understand this quite well. Is it not necessary to register my business at MOC? Or do you mean something else?
I already found out that it is much better to have a sole proprietor registration and not a PLC, is that what you mean?

I found
• Small enterprise is a single person entity or partnership
- Annual turnover from KHR 250 million riels to KHR 700 million riels
- Prior/expecting three consecutive month turnover from KHR 60 million riels
So below KHR 250 million riels dont have to register? Can I have publishing licence without registering MOC?

and
ANNUAL TAXABLE PROFIT TAX RATE
From 0 to 6,000,000 Riels = 0%
From 6,000,001 to 15,000,000 Riels = 5%
From 15 000,001 to 102,000,000 Riels = 10%
From 102,000,001 to 150,000,000 Riels = 15%
Greater than 150,000,000 Riels = 20%

With turnover of 200.000.0000 Riel my profit will be more than 100.000.000.

----

I am not too worried about the copyright. I will be selling low priced magazines to tourists. They will not copy it. I have quite some experience in these kind of distribution. Although Cambodia is quite a different market than here in Europe.

It will be a small project and it is just to keep busy and have some cash. I will be semi retired. I wouldn't have office, just a small house I want to rent. Therefore I don't expect my turnover higher than 62000$ It would be nice when it would be just below this number. Or just keep it below this number. I will not have a lot of costs because I will do the writing, designing and photographing myself.

Considering that you don't import or export products, nor plan to set up anything substantial (you will not have any of the following: large office, showrooms, machinery, many employees etc.) also you don't plan base your profits from VAT registered clients so don't register anything.
Do as the khmer do, start first and if the business does well enough you can think about registering later.

How did you get the 500.000.000riel tax audit fine Laudjohn? That's really high. Did you have high profitability and particularly large turnover? Did they give you any explanation?

Do as the khmer do, start first and if the business does well enough you can think about registering later.

isn't that dangerous? I could not find solid info on this 62500 law/rule for VAT exemption. Dont want to be heavily fined or end up in cambodian jail

I have been looking for he

small tax payer registration

but can not find any info. Can someone tell me where to find this?