2021 06 August

DFDL Holds Tax Planning Webinar on Cambodia New Investment Law

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With over 230 attendees, DFDL Cambodia successfully held a tax planning webinar on Cambodia’s new investment incentives.

Our team of experts featured Stephen Higgins (Managing Director, Mekong Strategic Partners), Jack Sheehan (Partner & Head of Regional Tax Practice, DFDL), Clint O’Connell (Partner, Deputy Managing Director, Head of Cambodia Tax Practice, DFDL) and Borapyn Py (Partner, Deputy Head of Cambodia Tax Practice, DFDL). Together they guided the audience through the new investment incentives widely anticipated to feature in Cambodia’s new investment law slated to enter into force late next year, superseding and replacing the current law which dates all the way back to 1994.

They explained how local and foreign investors can optimize their project to unlock these incentives and take full advantage of the tax optimization opportunities to be offered by the forthcoming regulations.

Stephen opened proceedings with an insightful overview of the current state of the Cambodian economy.

Clint followed with a broad and in-depth analysis of the anticipated incentives to be introduced by the new investment law and outlined the various sectors and industries which stand to benefit greatly under the new framework.

Borapyn and Jack discussed the international aspects by focusing on the key tax considerations investors should look at when determining which jurisdiction to use as a potential launchpad for investments into Cambodia. The importance of bilateral double tax agreements (“DTAs”) in facilitating tax efficient onshore/offshore transfers of capital, dividends and royalties was outlined along with transfer pricing (“TP”) regulations and the implications these bear on profit repatriation and various other corporate transactions.

The session ended with a brief presentation by Clint and Jack on how to exit an investment project and the potential capital gains and withholding tax impacts.

This talk is the perfect opportunity to gain advance insights on the latest tax and investment developments from an investor’s perspective not widely available in the public domain. If you missed the live event and want to access the replay, please click here:

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