Top 10 Largest Taxpayers in Cambodia in 2025

This ranking is based on official data published by the General Department of Taxation (GDT) and the General Department of Customs and Excise of Cambodia (GDCE) for the fiscal year 2025. The listed companies received a letter of recognition from Prime Minister Hun Manet for their exceptional contribution to national revenue. Evaluation criteria include total taxes paid, payment regularity, and sector impact.

• Amount of taxes paid: Ranking based on official GDT declarations.
• Official recognition: Companies that received a letter of appreciation from the government.
• Sector diversity: Representation of key sectors of the Cambodian economy.
• Data reliability: Sources: Cambodia Investment Review and GDT/GDCE reports.

Metfone, a subsidiary of the Vietnamese group Viettel, is the largest taxpayer in Cambodia in 2025. A dominant telecommunications operator, it paid significant taxes thanks to its extensive network coverage and mobile and internet services.

• Why it wins: Telecom leader with the largest market share; massive investments in infrastructure; consistent and high tax payments; official recognition from the Prime Minister.

Who it's ideal for: Entrepreneurs looking to understand major players in the telecom sector, or investors interested in stable, tax-compliant companies.

HEINEKEN Cambodia is the second largest taxpayer. The Dutch brewer dominates the beer market in Cambodia with brands like Heineken, Tiger, and ABC.

• Why it's #2: Strong presence in the consumer goods sector; high sales volumes generating significant taxes; stable contribution to tax revenue.

Who it's ideal for: FMCG professionals or expats looking to identify consumer market leaders.

Smart Axiata, a Malaysian telecommunications operator, completes the top three. It is Metfone's main competitor in the mobile market.

• Why it's #3: Second telecom operator in market share; innovation in data services; significant tax contribution.

Who it's ideal for: Digital nomads and tech entrepreneurs who want to know the country's telecom infrastructure.

• N.C.X. Co., Ltd [Honda] — Major automotive distributor, representing Honda in Cambodia.
• Advanced Bank of Asia Limited [ABA Bank] — Leading bank for digital banking services, popular among expats.
• ACLEDA Bank Plc. — Largest Cambodian bank in terms of branch network.
• Amret MFI — Important microfinance institution supporting rural areas.
• KB Prasac Bank Plc. — Bank resulting from the merger of KB Kookmin and Prasac, growing rapidly.
• Cambrew Ltd. — Local brewer, producer of Angkor beer.
• JT International (Cambodia) Ltd — Subsidiary of Japan Tobacco, a major player in tobacco.

If you want to understand the tax landscape and key sectors in Cambodia, this ranking gives you a clear view of the dominant players. If you are an entrepreneur looking for stable partners, prioritize banks (ABA, ACLEDA) or telecoms (Metfone, Smart). If you invest in consumer goods, HEINEKEN and Cambrew are safe bets. For a macroeconomic analysis, focus on the split between GDT ($3.577B) and GDCE ($3.2B), which shows the importance of international trade.