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15th - September, 2022
Tax
by Sokhom Lim

Notification on Deadline for Notice of Use of English Language in Computerized Accounting System

The Accounting and Auditing Regulator (ACAR) issued the Notification No. 057 on Deadline for Submission of Notice of Use of English Language in Computerized Accounting System and/or Other Related Computerized Systems to the Accounting and Auditing Regulator on 21st July 2022.

The Notification states that the enterprises which uses English language in the accounting system shall submit a notice to ACAR by the following deadline:

(i) The enterprises which were registered before the date of the notification: By 31st December 2022

(ii) The enterprises which were registered after the date of the notification: Within 180 days of the date of registration with the GDT

Enterprises failing to submit such a notice by the above mentioned deadline will be subject to interim fines in accordance with Sub-Decree No. 79 dated 1st June 2020.