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Cambodia Corporate Formation

Updated:2018-4-3 16:12:19    Source:www.tannet-group.comViews:328

Cambodia corporate formation, or Cambodia business setup, can be a complex process, especially when you’re a new to this country. Cambodia is a Southeast Asian nation bordered by Thailand to the northwest, Laos to the northeast, Vietnam to the east, and the Gulf of Thailand to the southwest.

In order to set up a business in the Kingdom of Cambodia, you need to register your business either as a sole proprietorship, partnership, private limited company, public limited company, or foreign company. On approval of the application, the company will be incorporated immediately and certificate of incorporation issued.

Cambodia Corporate Formation Types
Generally speaking, there are four legal forms of entity in Cambodia:
Private Limited Company;
Sole Proprietorship;
General & Limited Partnerships;
Foreign Subsidiary, Branch & Representative Offices.

Company Name
New businesses should take care in selecting and properly registering the names of the company and of its goods and services. When incorporating the company, the Ministry of Commerce will reject any application for a company name that is already registered. To avoid this delay, it is best to request the MOC check the uniqueness of the name at before submitting the registration documents.

Bank Account & Deposit
The Ministry of Commerce requires proof of at least 4 million Riel (approx. US$1,000) deposited in a local authorized bank. Be sure to obtain a bank statement certifying the deposit.

Tax Considerations
The Ministry of Economy and Finance (MEF), Department of Taxation, requires that all companies registered to do business in Cambodia register with the tax department to obtain a taxpayer identification number within fourteen days of opening a business.

Companies are generally subject to an annual business registration tax (the Patent Tax), a Profit Tax (20%, or a Minimum Tax of 1% or turnover) and VAT charges (10%), as well as the Salary Tax for employees (0%-20%), and a Rental Withholding Tax (10%). While there is a 20% dividend withholding tax (basically a salary or profit tax on the recipient), this is not double taxed.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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