Streamlining Business Registration in Cambodia: The Power of Online Business Registration
Starting a business in Cambodia just got a whole lot easier with the introduction of the Online Business Registration platform. This innovative service combines multiple government information systems into a single portal, making the business registration process faster, cheaper, and more efficient than ever before. Thanks to a Sub-Decree and several Prakases (regulations), business owners can now register and obtain licenses quickly and affordably.
What is Online Business Registration?
The Online Business Registration platform is designed to simplify the entire process of registering a company in Cambodia. It integrates key government systems into one digital portal, allowing business owners to handle everything from company registration to obtaining operating licenses. This platform is supported by a Sub-Decree and several Prakases, which streamline the process and reduce costs and processing times.
Business owners submit their registration information through the platform, which then automatically distributes it to the relevant government agencies, including the Ministry of Commerce (MoC), the General Department of Taxation (GDT), and the Ministry of Labour and Vocational Training (MLVT). The system utilizes CamDX, Cambodia’s secure data exchange system, and CamDigiKey for identity authentication.
Key Benefits of Online Business Registration
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🚀 Fast Processing – One of the most significant advantages is the speed. Business owners can now receive their business licenses and certificates in just 8 working days, a major improvement compared to the old process, which could take weeks or even months.
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💰 Lower Costs – Online Business Registration helps business owners save money by lowering registration fees and eliminating the need for duplicate submissions across multiple agencies.
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📝 One-Time Data Entry – With the new platform, business owners only need to enter their data once, which is then automatically shared with the relevant government bodies. No more redundant paperwork or repetitive submissions.
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💳 Online Payment – The registration fee is paid online, making the payment process easier and more secure.
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📲 Digital, Verifiable Licenses – Business licenses and certificates are issued in digital format, allowing for easy verification and reducing the risk of fraud.
How the System Works: Key Players and Data Flow
At this stage, the platform primarily covers the Ministry of Commerce (MoC), the General Department of Taxation (GDT), and the Ministry of Labour and Vocational Training (MLVT). These agencies are responsible for essential aspects of business registration, including company name registration, tax registration, and labor compliance.
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The Ministry of Interior (MoI) verifies Khmer National Identification data through the CamDX system to ensure that personal details are accurate.
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The Ministry of Economy and Finance (MEF) oversees the coordination of the registration process between ministries.
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The Council for Development of Cambodia (CDC) integrates investment data with company registration information to support economic development.
Required Documents for Registration Service in Phnom Penh
Business owners will need to submit the following documents to complete the registration:
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Company Name – The name of the business.
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Passport/ID Card of Shareholders – A scanned copy of the shareholders’ identification documents (signed).
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Shareholders’ Contact Information – Phone numbers for all shareholders.
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Foreign Shareholder Details – Overseas contact information (phone numbers and addresses).
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Office Lease Agreement/Property Title – Proof of office location.
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Photographs – A 4×6 photo of shareholders (soft copy) and a photo of the office.
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Google Map Location – Pin the office location on Google Maps.
Why MOC Register Online?
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✔ Speed – Business registration is completed in just 8 working days, significantly faster than before.
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✔ Cost Savings – With lower fees and the elimination of duplicate data submissions, starting your business is more affordable.
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✔ Convenience – Submit all documents in one place without the need to visit multiple government offices.
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✔ Transparency – Track the status of your application online, providing complete visibility into the registration process.
Ready to Get Started?
If you’re ready to start your business in Cambodia with Us ABSC – Angkor Business Service Consultant (Cambodia) Co., Ltd. & Moc Online Business Registration platform is here to help. Get your company up and running quickly and easily by visiting the official portal today.
For expert guidance throughout the registration process, as well as advice on tax compliance and licensing, reach out to ABSC – Angkor Business Service Consultant (Cambodia) Co., Ltd. Their team of professionals is here to ensure your business is set up smoothly and legally in Cambodia.
Contact ABSC:
📞 Phone: +855 87 22 4890
📧 Email: inquiry @absc.com.kh
🏢 Address: Unit 7, Floor 5, Building C5, Street 161, Sangkat Veal Vong, Khan 7 Makara, Phnom Penh, Cambodia
Don’t let paperwork hold you back. With the Online Business Registration system, starting your business in Cambodia is easier, faster, and more cost-effective than ever before. Start your entrepreneurial journey today!
