Malaysia Hotline : +603-2141 8908
The Kingdom of Cambodia, a
member of the Association of Southeast Asian Nations, is located in the
Indo-China Peninsula, bordering Thailand in the west and northwest, bordering
Laos in the northeast, bordering Vietnam in the east and southeast, and facing
the Gulf of Siam in the south. The territory of Cambodia shaped like dish
basin, surrounded by hills and mountains on three sides, and a vast and rich
plain in the middle, accounting for more than three-quarters of the country's
total area. Cambodia has a tropical monsoon climate with an average annual
temperature of 29-30 °C. It is rich in forestry, fishery and fruit trees. The
Cambodian government implements a free market economy open to the outside
world, promotes economic privatization and trade liberalization, and regards
agriculture, processing industry, tourism, infrastructure construction and
personnel training as priority areas for development. Cambodia has also
promoted administrative, financial, military and judicial reforms to improve
the efficiency of government work, improve the investment environment, and
achieve certain results.
If you want to invest in or
register a company in Cambodia, Tannet can handle and help you, because Tannet
is familiar with the company registration in Cambodia and can provide you with
a practical solution.
1. Types of Cambodia Company
There are several types of
Cambodian company registration:
(1) Sole Proprietorship
& Partnership;
(2) Limited Liability
Company;
(3) Foreign-funded Enterprises.
2. The Company's Shareholders,
Directors and Company Secretary
A private limited company
can have up to 30 shareholders. If a limited liability company has only one
shareholder, it is registered as a single member private limited company. If a
new shareholder is added, the registration can be modified.
3. Registered Capital
The minimum registered
capital of Private Limited is 4,000,000 Lille (approximately USD1000). It is
generally recommended to register $5,000 to avoid stamp duty on subsequent
capital increases.
4. Registered Address
To register a Cambodian
company, a local address is required and Tannet can provide you with such an
address.
5. Business Scope of Cambodia Company
In general, the business
scope has no specific requirements, and enterprises can engage in various business
activities according to law and enjoy the same treatment in domestic
enterprises.
6. Bank Account Opening
Before you start signing up
for a company, you need to open a bank account locally, and Tannet will help
you open an account with local bank. The initial deposit funds are no less than
USD 1,500. The deposit can be withdrawn.
7. Tax Number Registration
Cambodian company is
required to register local tax number within 14 days after registration.
8. Tax Return
The economic and financial
sector requires each company in Cambodia to obtain taxpayer identification
number in the tax department within 14 days of business development. The
company must do business registration tax, profit tax (1%-20%) and 10% VAT fee
every year. Every company must file tax returns on a monthly and annual basis.
The monthly tax return reports its monthly income and will be paid on the 15th
of the following month. The annual tax return is subject to income tax and will
be paid on March 31 of the following year.
9. Registration Process of Cambodia Company
Site selection and
establishment of company name - preparation of documents - registration of the
Ministry of Commerce - opening a bank account - tax registration
10. Processing Time
It takes 5-7 working days to
collect the license, and the tax registration takes one month.
11. Information Required
(1) Offices and branches:
Application form, copy of
certified parent company charter, certified parent company registration
certificate, letter of appointment of director/manager appointed by parent
company, photo of director/manager, signature copy of director/manager
passport/ID card.
(2) Private Limited:
Shareholders / Directors’ photo
and identity information.
(3) If the Limited Company is Partially or Wholly Foreign:
A copy of the certified
parent company's charter, a certified parent company's registered capital, a
letter of appointment from the parent company's shareholder's representative,
and a photo of the shareholder's representative and identity information
Remarks: 1. If the submitted documents are not in English, they must be
translated into English and submitted together.
2. The processing time begins on the date of delivery of the full
payment and the submission of the information.
12. Documents Received After Registration
·
Copy of the company chart in the form of a notarization confirmation
·
License of the registered company
·
Engraved seal of the registered company
·
Corporate income tax registration tax certificate, etc.
Contact Us
If you have further queries,
please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours China hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP:
http://www.tannet-group.net , http://en.tannet.com.my