In Cambodia, all investors are guaranteed fair treatment, foreign or domestic. There is no requirement of local equity participation when setting up a business in Cambodia. The Royal Government of Cambodia shall not fix the prices of products or services of the Investment Project. In accordance with applicable laws and regulations, there are also no restrictions for investors on foreign currencies convertibility and repatriation.
Qualified Investment Projects (QIP) are entitled to generous incentives such as:
Income tax exemption for up to 9 years or special depreciation
Export tax exemption
Full import duty tax exemption (construction material, equipment, production inputs)
Value-added tax exemption for local production inputs
150% tax deduction for R&D, innovation, training, employee welfare facilities & services, machinery upgrading
Investment project proposals are reviewed through a single-window service by the Council for the Development of Cambodia (CDC). If the proposed investment project is not on the “negative list”, the CDC shall issue the Registration Certificate within 20 working days.