how to start a business in Cambodia as a foreigner

Business

By absc

How to Start a Business in Cambodia as a Foreigner Complete Guide (2025)

Starting a business in Cambodia as a foreigner is increasingly accessible, thanks to favorable investment laws and simplified company registration processes. Whether you’re planning a small startup or a larger venture, Cambodia offers 100% foreign ownership in most sectors. Here’s a step-by-step guide for foreigners looking to start a business in Cambodia in 2025.

📌 Step-by-Step: Starting a Business in Cambodia as a Foreigner

1. Choose a Business Structure

  • The most common type for foreign investors is a Private Limited Company (LLC).

  • Other structures include sole proprietorship, partnership, and public limited company.

  • An LLC allows up to 100% foreign ownership in most industries.

2. Register Your Company

  • Submit your application through the Ministry of Commerce (MOC) online portal.

  • Reserve a unique business name.

  • Receive a Certificate of Incorporation after approval.

3. Obtain a Tax Identification Number (TIN)

  • Register your business with the General Department of Taxation (GDT).

  • Get your TIN and Patent Tax Certificate to operate legally.

4. Apply for a Business Visa and Work Permit

  • For long-term business management in Cambodia, you’ll need an EB Business Visa.

  • Secure a work permit from the Ministry of Labor and Vocational Training (MLVT).

5. Open a Corporate Bank Account

  • Provide company documents, shareholder ID, and the Certificate of Incorporation to open a bank account in Cambodia.

6. Obtain Industry-Specific Licenses and Permits

  • Depending on your business activities (e.g., food, tourism, education), apply for specific permits from relevant ministries such as:

    • Ministry of Tourism

    • Ministry of Health

    • Ministry of Education, Youth and Sport

7. Comply with Labor and Employment Laws

  • Register employees with the Ministry of Labor and Vocational Training (MLVT).

  • Meet minimum wage, contract, and employee benefit requirements.

8. Register with the National Social Security Fund (NSSF)

  • Mandatory for all legally registered companies with staff.

  • Ensures compliance with health and workplace safety regulations.

📄 Required Documents for Company Registration

  • Valid Passports of all shareholders and directors

  • Articles of Incorporation (company formation document)

  • Proof of a registered office address in Cambodia

  • A local Registered Agent in Cambodia (mandatory)

  • List of staff (including foreign employees and their gender)

  • Description of your business activities

🔍 Key Considerations for Foreign Investors

  • Registered Agent: You must appoint a local agent who represents your company.

  • Business Name Reservation: Reserve a name through the MOC before registration.

  • Legal Support: It’s highly recommended to consult a local Cambodian business lawyer to handle legal formalities.

  • Office Lease: A physical or virtual office address is mandatory for registration.

  • Tax Compliance: Maintain proper records and submit monthly/annual tax filings.

🚀 Why Start a Business in Cambodia?

  • Strategic location in Southeast Asia

  • Rapidly growing economy

  • Competitive labor costs

  • Favorable investment environment for foreign entrepreneurs

  • Government support for foreign direct investment (FDI)

🧭 Final Thoughts

Starting a business in Cambodia as a foreigner is a straightforward process if you follow the legal steps and ensure compliance with local laws. From company registration to licensing and tax filing, each step is essential for long-term success.

For a smoother experience, consider working with a business consultancy or legal firm that specializes in Cambodian company registration for foreigners business consultant in cambodia ABSC.