Cambodia Offers Tax Incentives to Boost Sihanoukville Investment

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Media news 2024-08-02

Cambodia Offers Tax Incentives to Boost Sihanoukville Investment

The General Administration of Taxation of Cambodia once again encourages investors to apply for Sihanoukville investment tax preferential policies. Three types of projects can receive discounts: projects that stop construction of "unfinished buildings", new investment projects in 2024, and expansion projects. These projects can enjoy tax exemptions, registration fee reductions, and simplified tax procedures. The policy aims to attract investors to Sihanoukville for development. Interested parties can apply at the designated offices in Sihanoukville or Phnom Penh. The State Administration of Taxation hopes to further promote the economic development of the Sihanoukville area through this move. Overall, this preferential policy provides investors with considerable incentives.
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