The Cambodian government has published a copy of Sub-Decree No. 139 ANKr.BrK, which was issued on 26 June 2023 to regulate the implementation of the new Investment Law approved in 2021. As previously reported, key measures of the new Investment Law concerning taxation include new tax incentives for qualified investment projects (QIPs).
For QIPs, two basic incentive options are provided, including an income tax exemption and reduced tax rates option and an accelerated depreciation and incr…