INCENTIVES GIVEN TO QUALIFIED INVESTMENT PROJECT (QIP)*
1. PROFIT TAX EXEMPTION
- Trigger Period** + 3 years + Priority Period***
2. IMPORT TAX EXEMPTION OF CONSTRUCTION MATERIALS, PRODUCTION EQUIPMENT
-
* QIP means an investment project which has received a Final Registration Certificate (FRC). FRC is issued to a company which is not included in the Negative List in Sub-Decree No. 111 on the Implementation of the Amendment of the Law on Investment.
** The maximum Trigger Period is to be first year of profit, or three years after the QIP earns its first revenue, whichever sooner.
*** To be determined by the Financial Management Law.
SPECIAL INCENTIVE GIVEN TO SEZ INVESTORS
In addition to incentives to QIP, Cambodian government has decided to give additional incentive to SEZ investors on July 2, 2009
10% VAT SUSPENSION ON IMPORTED ITEMS UNTIL THE END OF DECEMBER 2010 (Please refer to the table below)
TYPE OF INDUSTRY |
CONSTRUCTION MATERIALS |
PRODUCTION MACHINERY / EQUIPMENT |
PRODUCTION MATERIALS |
Export Oriented Industry |
Exempted | Exempted | Exempted |
| Domestic Manufacturing Industry | Exempted | Exempted | Not Exempted |
OTHER ADVANTAGES FOR INVESTORS
1. NO DISCRIMINATION TO FOREIGN INVESTORS EXCEPT THE OWNERSHIP OF LAND
2. 99 YEARS LEASE OF LAND FOR FOREIGN INDIVIDUAL AND COMPANY
- The lease is renewable and transferable.
3. NO RESTRICTION ON CURRENCY EXCHANGE AND REMITTANCE
