How to Register Your Business Online in Cambodia

Starting on January 4, 2016, every businessman and trade companies that have established their headquarters, branches, representative offices, affiliates or agents based in the Kingdom of Cambodia are obligated to register their businesses through the Ministry of Commerce’s automated business registration system from anywhere via this website: businessregistration.moc.gov.kh.

The Commerce Ministry also announced to all 42,000 companies that currently registered to do business in Cambodia would be required to re-register online before March 31 or pay a fine.

What is the ease of doing business rank in Cambodia?

The World Bank currently ranks Cambodia 180 out of 189 countries on the ease of starting a business, and estimated in its most recent Doing Business 2016 report that it takes an average of three to four weeks to register a company with the government.

The new system as a way to make Cambodia more attractive to investors, eliminating face-to-face interactions between government officials and businesspeople and reducing the role of the brokers who previously guided applicants through the complex registration process. I am confident that Cambodia would be able to significantly improve on that score with its revamped registration process, which now takes only about an hour. It can allow a company to be created at any place with Internet, and the registrants can print the documents themselves, Commerce Minister Sun Chanthol said on The Cambodia Daily.

Fee via this online registraion?
It costs 1,720,000 riel (about $430) which companies can pay via ACLEDA bank's online payment or the online payment couldn’t function properly, customers are still able to pay the public service fee at ACELEDA BANK, CANADIA BANK, and FOREIGN TRADE BANK. Find more about the Business Registration Fee here.

SEE ALSO: Inflation rate in Cambodia 2020

How to use the system?
You can follow this video instruction below for online registration (Khmer language):



Watch the instruction in English version below:



Are you still unclear about this new system?  For more information, please contact Business Registration Department of Ministry of Commerce located at Lot 19-61, MOC Road (113B Road), turn in from Russian Blvd, Phum Teuk Thla, Sangkat Teuk Thla, Khan Sen Sok, Phnom Penh, Kingdom of Cambodia (see on Google Maps) or call to 023 866 050.

SEE ALSO: Intellectual Property in Cambodia

Have something to say? COMMENT NOW!