Logo of Phnom Penh Post newspaper Phnom Penh Post - Chamber gives talk on local investing

Chamber gives talk on local investing

Chamber gives talk on local investing

The Chinese Chamber of Commerce in Cambodia (CCCC) and investment and tax advisory firm DFDL on Wednesday held a breakfast seminar in the capital to discuss tax and investment law in the Kingdom.

A press release on the event said it aimed to provide insights on the latest labour laws to Chinese investors in Cambodia.

“The market in Cambodia for Chinese investment is booming, but at the same time it can be confusing and lack clarity for investors,” the press release reads.

DFDL and CCCC have identified the need to further educate investors and provide useful and practical advice on various types of investment.

They are looking at legal and tax perspectives to help those who have already invested in Cambodia or wish to in the future.

DFDL tax partner Clint O’Connell said the event provided Chinese investors with important information on Cambodia’s latest investments.

“We are keen to help investors understand the current regulations to make sure they get the best return on their investment and manage hurdles along the way,” he said.

Chinese investment has come to Cambodia in many forms, the press release says – from 2011 to 2015, Chinese firms provided almost $5 billion worth of loans and investment to the country.

MOST VIEWED

  • Kem Sokha’s daughters slam ‘liar’ Sam Rainsy over ‘smears’

    The daughters of former opposition leader Kem Sokha hit out at Sam Rainsy on Tuesday, accusing the newly nominated “acting president” of the Cambodia National Rescue Party (CNRP) of leading a “smear campaign” against their father and “repeatedly lying to the public”. The Supreme Court-dissolved

  • US Embassy urges reconciliation

    The US has urged Cambodia to restore the independence of the media, drop charges against Kem Sokha and other political prisoners, and end the prohibition of political activity by opposition parties. However, senior government officials see the request, issued by US embassy spokesman Arend C

  • ‘Tolerant’ PM calls for ‘unity’

    In his message on celebrating the 40th anniversary of the Kampuchean United Front for National Salvation, known by its French acronym FUNSK, Prime Minister Hun Sen said for the sake of unity in the Kingdom, he is “tolerant” to those who “acknowledged their mistakes”, and

  • Sam Rainsy named ‘acting president’ in ‘Kem Sokha absence’

    Sam Rainsy was nominated “acting president” of the Cambodia National Rescue Party (CNRP) as the curtain fell on the two-day international conference the former opposition party held in the US over the weekend, a move supporters of the previous leader Kem Sokha blasted as “unacceptable”.