{"id":2011,"date":"2023-02-14T12:15:08","date_gmt":"2023-02-14T04:15:08","guid":{"rendered":"https:\/\/www.manhattansez.com\/?p=2011"},"modified":"2023-07-13T10:00:50","modified_gmt":"2023-07-13T02:00:50","slug":"setting-up-a-business-in-cambodia","status":"publish","type":"post","link":"https:\/\/www.manhattansez.com\/en\/setting-up-a-business-in-cambodia\/","title":{"rendered":"5 Steps for Business Registration in Cambodia: A Comprehensive Guide for Entrepreneurs"},"content":{"rendered":"\n
Are you conducting a business registration in Cambodia? Cambodia, despite being classified as a medium-level country in terms of economic development, offers significant depth and potential for foreign investment. .<\/p>\n\n\n\n
To establish a company in Cambodia, registration with the Ministry of Commerce (MoC) and the General Administration of Taxation (GDT) is mandatory. Registering with the MoC is a relatively convenient process, as it allows businesses to complete the registration online through the business registration portal. However, depending on the specific industry, additional registrations with other relevant departments may be required. For instance, travel agencies must register with the Ministry of Tourism, while private universities must register with the Ministry of Education, Youth, and Sports. The General Administration of Taxation in Cambodia also offers an online registration system, making it easier to complete the registration declaration.<\/p>\n\n\n\n
In the following sections, we will delve into the regulations and types of companies in Cambodia, outlining the procedures for company establishment as well as the obligations that arise once a company has been established.<\/p>\n\n\n\n
When it comes to establishing a company in Cambodia, it is crucial to carefully consider and select the most appropriate business entity. In Cambodia, you have a range of options to choose from, including six different types of entities:<\/p>\n\n\n\n
Each business entity type has its own advantages, disadvantages, and legal requirements. It is essential to consider factors such as the nature of your business, desired level of liability protection, and long-term objectives before making a decision. Consulting with legal and business professionals familiar with Cambodia’s regulations can help you make an informed choice for your company.<\/p>\n\n\n\n As you move forward with company registration, it’s important to consider the selection of company officers.<\/p>\n\n\n\n For a private limited company, it’s mandatory to have at least one director, while a public limited company must have a minimum of three directors. The nationality of the company directors is not restricted.<\/p>\n\n\n\n A private limited company must have between 2 to 30 shareholders. Alternatively, a single-member private limited company can be formed by a single individual.<\/p>\n\n\n\nStep 2: Choose Company Officers<\/h2>\n\n\n\n