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Showing posts from April, 2020

Simplifying The Process Of Registering Business in Cambodia

Cambodia possesses a relatively simple tax system. It offers several incentives, especially in select industries and those operating from a Special Economic Zone. In Cambodia, companies can be 100% foreign-owned. In this country, there is an availability of Large, cheap workforce. business meeting Legal Authority Business and commercial enterprises in Cambodia are registered, at least 15 days prior to the commencement of business activities at the Ministry of Commerce. A business entity is assumed to exist on the date a certificate of incorporation is issued by the MOC. Governing Law: The Process of the Company Registration in Cambodia is governed by the Law on Commercial Rules and Commercial Register and Law on Commercial Enterprises. Business Structure: The types of Entities in which form a foreigner can invest in Cambodia are explained below : 1. Limited Liability Company: The limited liability company is the most common form of investment vehicle in Cambo...