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
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.
Fee via this onlineThe new system as a way to make Cambodia more attractive to investors, eliminating face-to-face interactions between government officials andand 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. businesspeople
It costs 1,720,000
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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.