The new law on Investment was promulgated on 15 October 2021 by virtue of Royal Kram No. NS/RKM/1021/014 (“Law on Investment“) on an urgent basis and has been in force since 16 October 2021 throughout the country. The Law on Investment abrogates the old Law on Investment dated 5 August 1994 and its amendment dated 24 March 2003.
The Law on Investment consists of 12 chapters and 42 articles, and applies to all qualified investment projects (“QIPs“), expanded QIPs and guaranteed investment projects (collectively referred to as “Investment Projects“) registered with the Council for the Development of Cambodia or the Provincial-Municipal Investment Sub-Committees.
In this Update, we highlight the key features of Cambodia’s new Law on Investment.
For more information, click here to read the full Legal Update.
