(you can bring following documents when you are here and while the rest can to be done here):

Investment Promotion and Incentives

1. INVESTMENT INCENTIVES

The Law on Investment provides the following incentives to investment projects in Cambodia:

1) A corporate income tax rate of 9%, except for the exploration and exploitation of natural resources, including timber, oil and gas, gold, and precious stones.

2) A corporate tax exemption of up to eight years, depending on the characteristics of the project and the priorities of the government.

3) Losses carried forward for up to five years.

4) Non-taxation on the distribution of dividends, profits or proceeds of investments, whether transferred abroad or distributed within the country.

5) 100% import duty exemption on construction materials, means of production, equipment, intermediate goods, raw materials and spare parts used by:

a. An export-oriented project with a minimum of 80% of the production set apart for export,

b. Projects located in the designated Special Promotion Zone (SPZ)

6.) 100% exemption of export tax, if any.

For investment projects excluded from the category covered by (5) a and b, the 100% exemption from duties and taxes shall only be authorised for the construction of factories and buildings, and for a period of one year following the start-up of production operations.

2. INVESTMENT GUARANTEES

The Law on Investment contains a number of important guarantees for investors, as follows:

- Equal treatment of all investors,

- No nationalisation adversely affecting the property of investors,

- No price controls on products or services produced by licensed investors,

- Remittance of foreign currencies abroad.

3. PROMOTED SECTORS FOR INVESTMENT

The list of eligibility is as follows, classified under these broad headings:

1) Crop production.

2) Livestock production.

3) Fishery.

4) Manufacturing and processing of food and related products.

5) Manufacturing of textile mill products.

6) Manufacturing of apparel and other textiles.

7) Manufacturing of furniture and fixtures.

8) Manufacture of paper and allied products.

9) Manufacturing of chemicals and allied products.

10) Manufacture of rubber and miscellaneous plastics.

11) Manufacture of leather and other products.

12) Manufacture of fabricated metal products.

13) Manufacture of electrical and electronic equipment.

14) Manufacture of transportation and equipment.

1 5) Highway and bridge construction.

16) Exploitation of minerals, ore, coal, oil and natural gas.

1 7) Production of machinery and Industrial equipment.

18) Hotel construction.

19) Medical complex of international standards, educational facilities of international standards, vocational training centers.

20) Physical infrastructure facilities to support the tourism and cultural sectors.

21) Production and exploitation activities to protect the environment.