News
QIPs, SEZs get lion’s share of tax relief in Cambodia
When it came to relief for special taxes (excise), value-added taxes and customs duties on imports – QIPs and SEZs received a disproportionate amount of customs tax relief, said a recent World Bank report. In 2020, QIPs took around 51 percent of total tax exemption, ...
Rachel David
https://www.khmertimeskh.com/501469664/qips-sezs-get-lions-share-of-tax-relief-in-cambodia/
CDC improves QIP application process for foreign investors
The Council for the Development of Cambodia (CDC) is seeking to make it easier for foreign firms to register as applicants for Qualified Investment Projects (QIP) in Cambodia through improvements to the online registration system. ...
James Whitehead
https://www.khmertimeskh.com/501446568/cdc-improves-qip-application-process-for-foreign-investors/
Special tax on QIP rolled back
The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...
Charles Rollet
http://www.phnompenhpost.com/business/special-tax-qip-rolled-back
