Qualified Investment Project

A Qualified Investment Project (QIP) is an investment project registered with the Council for the Development of Cambodia (CDC) that can receive incentives under Cambodia’s Law on Investment, adopted in 2021.^[1]

Who it is for

QIP status is aimed at projects that meet set criteria for sector, size and contribution to the economy, such as manufacturing, agro-industry, tourism infrastructure and technology. Small service businesses usually do not need it.

Main incentives

Depending on the project and the option chosen, incentives can include:

• A period of income tax exemption, or alternative incentives such as special depreciation
• Exemption from customs duties on certain imported equipment and materials
• Investment guarantees set out in the law

How to apply

1. Register the company with the Ministry of Commerce.
2. Prepare a project proposal with investment amount, activities and timeline.
3. Apply to the CDC, or to the provincial investment sub-committee for smaller projects.
4. Keep reporting and compliance obligations once approved.

Rules and thresholds change, so investors should check the current sub-decrees and take professional advice before applying.

See also

• Business registration in Cambodia
• Special economic zones in Cambodia

References

1. ^Council for the Development of Cambodia, Law on Investment of the Kingdom of Cambodia (2021), https://www.cdc.gov.kh