How to Open a Company in Cambodia?

Basic Requirements

To register a company in Cambodia, you need to meet the following requirements:

  • Business e-Visa: You must have a business e-visa, which must be extended for at least six months.
  • Office Lease: You need to rent an office with a lease agreement for at least one year.
  • Company Structure: An LLC (Limited Liability Company) or Sole Proprietorship costs less to register than a medium or large enterprise, but tax obligations remain the same.
  • Ownership & Management: Foreigners can be directors and have 100% control of the company. They may also employ local Cambodian staff if needed.
  • Registration Timeline: The process typically takes 3 to 6 weeks, depending on the type of company being registered.
  • Presence Requirement: Initially, company owners do not need to be physically present in Cambodia, but they must eventually visit to sign documents and allow authorities to inspect the office.

Steps to Register a Company

Step 1: Basic Information

  • Proposed company name
  • Business activities
  • Number of employees

Step 2: Address & Contact Information

Provide the official business address and contact details.

Step 3: Partner Information

Details of all partners involved in the business.

Step 4: Manager Information

Details of managers overseeing company operations.

Taxation & Compliance

  • Mandatory Presence: A company cannot be registered without the owner physically visiting Cambodia.
  • Tax Filing: All taxes must be filed before March 25th each year.
  • VAT: A 10% Value Added Tax (VAT) applies to self-declaration regime entities on most goods and services.
  • Office Tax: 10% of the rental fee.
  • Income Tax: Ranges from 5% to 10% on average.
  • Minimum Salary:
    • Foreign directors: $700
    • Khmer shareholders or directors: $700
  • Capital Gains Tax: 20% or 1% per month if no profit is declared.

Contact for More Information

For further details, contact via WhatsApp or Telegram: +855 88 222 36 10.

Categories:

Leave a Reply

Your email address will not be published. Required fields are marked *