Being one of the fastest growing economies in the region, in the last five years its gross domestic product has grown by 7% and is expected to keep up that pace through 2017, according to the World Bank, which called Cambodia one of the Olympians of Growth and the sixth fastest growing economy in the world.
Cambodia’s law provides very generous investment incentives, such as: low corporate income tax of 20%, up to nine years tax holiday, no restriction on foreign ownership, no exchange control, no nationalization and price control.
“We provide political and micro-economic stability” Mr. Sun Chanthol, current Minister of Public Works and Transport, formerly Minister of Commerce from 2013 to 2016, says. According to Sun Chanthol, every economic sector in the country is open to foreign investors, tell me which coun- try in Asia allows 100.
Cambodia’s law provides very generous investment incentives, such as: low corporate income tax of 20%, up to nine years tax holiday, no restriction on foreign ownership, no exchange control, no nationalization and price control.
“We provide political and micro-economic stability” Mr. Sun Chanthol, current Minister of Public Works and Transport, formerly Minister of Commerce from 2013 to 2016, says. According to Sun Chanthol, every economic sector in the country is open to foreign investors, tell me which coun- try in Asia allows 100.
Cambodia’s law provides very generous investment incentives, such as: low corporate income tax of 20%, up to nine years tax holiday, no restriction on foreign ownership, no exchange control, no nationalization and price control.
