It is easier and cheaper to start a business in Cambodia than in most other countries. A company can be set up with a simple registration at the Ministry of Commerce and be operational within one day. There are also ...Read more
It is easier and cheaper to start a business in Cambodia than in most other countries. A company can be set up with a simple registration at the Ministry of Commerce and be operational within one day. There are also no formalities for foreign ownership. Taxes are lower than in most countries, and there is no capital gains tax or withholding tax on dividends. The cost of labor is low as well, particularly when it comes to skilled labor such as lawyers and accountants. It’s also easy to find office space or retail space for rent. The only thing that might be difficult is getting credit from banks, but all it takes is time and patience and they will eventually give you a loan if they know you’re financially sound
Starting a business in Cambodia is a fairly straightforward procedure. To do business legally, you must first register with MoC business registration. Now, the service is done online. You can start reserving a name before registering your business or start registering your business right away.
You can register a business online in Cambodia here: http://www.businessregistration.moc.gov.kh
Starting a business in Cambodia
