How do I get a business license in Cambodia?

How much does it cost to register a business in Cambodia?

The cost of business registration varies based on the type of enterprise and its taxpayer classification by the General Department of Taxation. Foreign companies will first need to reserve a company name at a cost of 25,000 riels (US$6). The business registration fee will cost 1 million riels (US$246).

How do I register a sole proprietorship in Cambodia?

To register a Sole Proprietorship with business registration, your will need to be logged on as a registered user of the website. From the online services, choose Sole Proprietorships, and then choose Incorporate a Sole Proprietorship.

What is sole proprietorship Cambodia?

A sole proprietorship in Cambodia is owned and operated by one person. The single-owner owns all capital and profits. However, the sole proprietorship is not a separate legal entity, and the owner will be personally liable for any debts.

Can foreigners start a business in Cambodia?

There are no restrictions to a business being 100 percent foreign owned. This is not to be confused with Cambodian land ownership, in which a foreigner can generally own a maximum of 49 percent. … To register a company in Cambodia the name must also be registered with the MoC.

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What is the best business in Cambodia?

Doing business in Cambodia – Market opportunity

  • Tourism infrastructure and resorts.
  • Education services.
  • Architecture, construction, and engineering services.
  • Household goods and appliances.
  • Agribusiness and food processing.
  • Used cars and automotive parts.
  • Power generation equipment.
  • Fast food and beverage franchises.

How much does it cost to buy a house in Cambodia?

Property Rates Over the Years

Property Rates Inside the City Current Last Year
Commercial Land per sq.m. $5,000 $4,500
Studio Apartment $120,000 $100,000
Single Unit Apartment 1 Bedroom $150,000 $130,000
Single Unit Apartment 3 Bedroom $350,000 $300,000

Can foreigner open bank account in Cambodia?

Opening a bank account in Cambodia

All you need as a foreigner to open an account in Cambodia are the following: A passport valid for at least 6 months. A 1-Year extended visa. A nominal deposit amount (depending on the bank).

How much does it cost to register a new company?

Draft Invoice

UAE free zones Year 1 Cost Year 2 Cost
Dubai FTZ – DIFC non financial companies US$45,500 US$19,000
Dubai FTZ – BPFZ US$21,150 US$9,000
Dubai FTZ – Dubai Airport US$22,063 US$12,329
Dubai FTZ – Dubai Internet City US$23,770 US$11,695

What is the process of registering a company?

A Step-By-Step Guide To Company Registration Process In India

  1. 1) Apply For Director Identification Number (DIN) …
  2. 2) Apply For Digital Signature Certificate (DSC) …
  3. 3) Filing For New User Registration. …
  4. 4) Filing for Charter Documents. …
  5. 5) Application For Company Name. …
  6. 6) Register Other Details. …
  7. 7) Acquiring PAN and TAN.

How many types of business are there in Cambodia?

The Cambodia Ministry of Commerce promulgated the Law on Commercial Enterprises, which defines the different forms of Business Ownership. An online registration platform had also been launched to make it easier for new businesses to register. There are four types of Business Ownership in Cambodia.

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How many types of companies are there in Cambodia?

The three types of limited liability company available are: A single-member private limited company; A private limited company; and. A public limited company.

What is the sole proprietorship?

A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and the owner. You are entitled to all profits and are responsible for all your business’s debts, losses and liabilities.