Smart Axiata earns Gold Certificate of Tax Compliance for fourth consecutive year, highlighting commitment to national growth and development

Smart Axiata has announced its receipt of a Gold Certificate of Tax Compliance from the General Department of Taxation (GDT) for 2024-2025. This formal recognition is evidence of Smart’s commitment to transparency, compliance, and responsibility in its tax payments to the GDT. 

By securing this certificate, Smart demonstrates its dedication to maintaining the highest standards of tax compliance as a role model in corporate responsibility and ethical business practices. Businesses that diligently pay their taxes contribute significantly to the country’s economy and development by funding infrastructure projects, public services, and social programs that elevate living standards and the well-being of citizens.

“We are honored to receive the Gold Certificate of Tax Compliance from the GDT. It is very rewarding to learn that our hard work and commitment to transparency and responsibility in our financial operations has not gone unnoticed,” said Aida Ahmad Daud, Chief Financial Officer of Smart Axiata. “At Smart Axiata, we believe that responsible tax practices are fundamental to our vision of becoming the most trusted tech brand by 2026.”

The company’s adherence to compliance extends far beyond its commendable tax practices. Smart’s vision to be the most trusted tech brand by 2026 is firmly rooted in its commitment to excellence across all facets of operations. A key component of this vision is the company’s ESG efforts, particularly the pillar of “Driving Good Governance and Mitigating Risk”. 

To maintain operational integrity, Smart enforces a zero-tolerance policy on corruption, supported by the internal Board of Risk and Compliance Committee (BRCC). The BRCC plays a critical role in upholding this policy by ensuring robust processes for identifying and managing key business risks, including anti-bribery and anti-corruption measures. 

Receiving the Gold Certificate of Tax Compliance is not only a significant achievement for Smart but also a reflection of its broader commitment to good governance and ethical business practices. As Smart continues to lead the way in the tech industry, the company remains dedicated to fostering trust and accountability, ensuring sustainable growth and success for years to come.

By exemplifying such high standards in their operations, Smart not only contributes to national growth through tax payments but also serves as an inspiring example for other companies. It exemplifies how businesses can contribute to driving economic stability and development, ultimately fostering a more prosperous Cambodia.