Important Afghanistan compliance information
15 February 2014
Taxes. The 1392 fiscal year ended 20 December 2013 with income tax returns due by 20 March 2014. If your assigned Financial Manager from AHG has not yet provided you with the list of items needed to prepare your return, please email Ishfaq Shah at firstname.lastname@example.org. To obtain any tax forms and guides for reference, click ahg.af/offer/financial/taxation.htm.
Calendar. The Ministry of Finance uses the Afghan calendar for all tax filing deadlines. The fiscal year was moved up by 3 months in 1391. The last 5 periods for annual income tax returns are therefore:
1392 – 21 December 2012 to 20 December 2013
1391 – 21 March 2012 to 20 December 2012
1390 – 21 March 2011 to 20 March 2012
1389 – 21 March 2010 to 20 March 2011
1388 – 21 March 2009 to 20 March 2010
To convert between Afghan calendar and Gregorian calendar dates, clickahg.af/offer/financial/calendar.htm
Exchange Rates. All tax filings and payments must be calculated in Afghani currency only. Foreign currency transactions must be converted to Afghani using the official Da Afghanistan Bank published rates. Here are the average US Dollar to Afghani exchange rates for the above periods:
1392 – 55.4040
1391 – 51.4146
1390 – 47.7801
1389 – 45.6250
1388 – 49.1229 (estimated)
To view monthly exchange rates, click ahg.af/offer/financial/rates.htm
Audits. We have a new team of highly experienced, internationally qualified Afghan auditors. Please email Feroz Rafiq at email@example.com to request a quick quotation for your 2013 annual internal or external audit.
Training. Our next training series begins this month. We offer 9 module options including Financial Accounting, Budgeting, Grant Management, Working Capital Management and Investment Appraisals. Training is free of charge (funded by USAID/AWDP) and companies are limited to one module only. The duration of a module ranges from 6 to 10 days, 3 hours each day. Please register your Afghanistan employees by visiting training.ahg.af or email Syed Kamal at firstname.lastname@example.org with any questions.