We offer our clients a comprehensive guide and turn-key
solution to invest for profit and conduct business in Cambodia
safely, securely and legally. Prime
Cambodia Business Service is a leading Cambodian business service provider
offering comprehensive legal services to serve and protect foreign nationals
wanting to do business in Cambodia .
Our legal professionals combine international trade and service standards with
expert local knowledge and government partner network to ensure our clients
enjoy fast and secure business registrations and investment protection.
It is vital that foreign nationals intending to invest or
establish a business in Cambodia
secure a business license and company registration as required under Cambodian
law. For most business models and investments in Cambodia the formation of a limited
liability company offers the most security and protection for shareholders and
operators. However, sole proprietorships and partnership formations offer lower
cost solutions to comply with business registration laws.
Sole Proprietorship:
The sole proprietorship formation is the lowest cost option to secure a
business license in Cambodia .
It is a business/enterprise established and operated by a sole individual who fully
owns all business assets and capital. Any obligations and liabilities incurred
during business operations are the exclusive responsibility of the sole
proprietor and business owner.
Partnership: This
option is more suitable for business partners preferring a low cost company
formation structure and happy to except and share full responsibility of
company obligations and liabilities when operating from within a general
partnership (a limited partnership however is another option).
Limited Liability
Company: The forming of a Limited Liability Company (LLC) is by far the
most common company formation option and solution to obtain a business license
to comply with Cambodian law and allow foreign investors to conduct business
for profit operations in Cambodia .
This company structure offers owner/s and director/s liability protections in
the form of limited liability. However a LLC formation is more complicated and
more expensive to produce.
USD1,900.00 - Sole
Proprietorship: The sole proprietorship formation is the lowest cost option
to secure a business license in Cambodia .
It is a business/enterprise established and operated by a sole individual who fully
owns all business assets and capital. Any obligations and liabilities incurred
during business operations are the exclusive responsibility of the sole
proprietor and business owner.
USD1,900.00 - Partnership:
This option is more suitable for business partners preferring a low cost company
formation structure and happy to except and share full responsibility of
company obligations and liabilities when operating from within a general
partnership (a limited partnership however is another option).
USD2,900.00 - Limited
Liability Company: The forming of a Limited Liability Company (LLC) is by
far the most common company formation option and solution to obtain a business
license to comply with Cambodian law and allow foreign investors to conduct
business for profit operations in Cambodia . This company structure
offers owner/s and director/s liability protections in the form of limited
liability. However a LLC formation is more complicated and more expensive to
produce.
The Process of Incorporation of a Private Limited Company
The first step to form a Limited Company (LLC) and obtain a
business license in Cambodia
requires a company name search to be conducted by the Department of
Intellectual Property and Department of Commercial Registration. The Ministry
of Commerce (MOC) takes around seven working days to approve company name
applications.
The private limited company will be incorporated by the
filling of a Company Establishment Declaration with the Ministry of Commerce
(MOC). The company can have from one to thirty individual or corporate
shareholders and any number of directors can be appointed. Majority foreign
owned limited companies can generally partake in a full range of business activities
in Cambodia
once the submission of the company application and documents has been made. It normally
takes four weeks to process the application.
Every Cambodian company (LLC) must register with the
Ministry of Economy within fourteen days of operation to obtain VAT and Patent
Tax Certificates. The Patent Tax Certificate is applied for once the company
has been formed and takes around six weeks to obtain.
Our Service Fees:
USD2,900.00 – Fee Fully Inclusive of Government fees
The Formation of a Private Limited Company (LLC)
100% Foreign-Owned Certificate of Incorporation
100% Foreign-Owned Certificate of Incorporation
Memorandum & Articles of
Association (MOC)
Obtaining VAT & Patent Tax
Certificates
Full Support & Ongoing
Assistance
Company Bank Accounts
Full Legal Compliance
Government Liaison
Translation Service
Visa Documents
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