Economic policy and administration
Business structures and legal registration
Firms told: Submit your paperwork or face penalty
Despite reforms introduced last year allowing businesses to register online, businesses are claiming they have been asked to follow some of the old procedures or face a penalty. ...
Husain Haider
https://www.khmertimeskh.com/50816771/firms-told-submit-your-paperwork-or-face-penalty/
Arbitration rules under review
The National Commercial Arbitration Centre (NCAC) of Cambodia is in the process of reviewing and amending its current arbitration rules, which have been implemented since 2014, to better serve the needs of businesses. ...
Sorn Sarath
https://www.khmertimeskh.com/50749327/arbitration-rules-under-review/
‘Single Portal’ integrated registration system welcomes nearly 50 firms
Forty-seven companies have successfully registered via a newly-launched information technology e-business registration platform as of the end of the second week of this month, Ministry of Economy and Finance secretary of state Phan Phalla said. ...
Thou Vireak
https://www.phnompenhpost.com/business/single-portal-integrated-registration-system-welcomes-nearly-50-firms
Trademark registrations slightly increase in 2019
Registrations for trademarks rose slightly in the first 11 months of last year compared to the same period in 2018, the Ministry of Commerce’s Results Review and Implementation Plan for 2020 report stated. The report showed that trademark registrations rose by 2.13 per cent to ...
Thou Vireak
https://www.phnompenhpost.com/business/trademark-registrations-slightly-increase-2019
Local business registration up, sound macro-economic performance cited
Crediting sound macro-economic performance, the Ministry of Commerce reported a more than 24 per cent increase in the number of firms registering with it in the first 11 months of this year on the same period last year. According to the ministry, business registration increased ...
Thou Vireak
https://www.phnompenhpost.com/business/local-business-registration-sound-macro-economic-performance-cited
Cambodia Startup Advisers set to launch non-technical, practical guide for start-ups
Cambodia Startup Advisers (CSA) is set to launch its Cambodia Startup Handbook as a tool for the Kingdom’s entrepreneurs, its press release said on Friday. Scheduled to be launched on Tuesday, the book is co-authored by Sreypeou Chaing, Junro Binang, Pheng Thea and David Haskel ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-startup-advisers-set-launch-non-technical-practical-guide-start-ups
Government approves 269 trademarks
The Ministry of Commerce approved 269 business trademarks this year, bringing the total number of such registrations at the ministry to 4,186 – an increase from 3,917 last year, its annual report said. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/government-approves-269-trademarks
Experts call for faster, cheaper business registration process
To encourage more young people to become entrepreneurs, the government must prioritise improving the process of starting and registering a business, reducing capital requirements, and expanding access to finance, experts said last week. ...
Sok Chan
https://www.khmertimeskh.com/50562154/experts-call-for-faster-cheaper-business-registration-process/
Online trademarks go live
The Ministry of Commerce is urging local and foreign businesses to register their trademarks in Cambodia via a new online system.Commerce Minister Pan Sorasak said the system will serve both the public and private sector and make it easier for organisations to protect their intellectual ...
Sok Chan
http://www.khmertimeskh.com/news/38781/online-trademarks-go-live/
Efforts to formalise SMEs fall short
The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/efforts-formalise-smes-fall-short
Tax exemption offered to SMEs
A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. ...
Chea Vannak
http://www.khmertimeskh.com/news/35749/tax-exemption-offered-to-smes/
Cambodia to protect European patents
Cambodia is set to become the first country in Southeast Asia to recognise and protect European patents after the Minister of Industry and Handicrafts signed an agreement with the European Patent Office (EPO) yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-protect-european-patents
43 awarded tax agent licenses
As part of ongoing government efforts to modernize and streamline the country’s tax system, 43 tax agent licenses were awarded yesterday. The 43 companies are now legally recognized as offering tax declaration services to the public and private sectors. Eighteen had previously been doing this work ...
Chea vannak
http://www.khmertimeskh.com/news/31518/43-awarded-tax-agent-licenses/
SMEs urged to register
The country’s Small and Medium Enterprises (SMEs) have been urged to register with the Ministry of Industry by early next year, in order that government policy intended to aid competitiveness can be more effective. ...
Sok Chan
http://www.khmertimeskh.com/news/31365/smes-urged-to-register/
Sihanoukville casino gambled with an expired licence
reah Sihanouk provincial authorities have ordered a casino that operated in Sihanoukville shut down after it failed to renew its operating licence, local media reported yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/sihanoukville-casino-gambled-expired-licence
Another setback for online business registry
The Ministry of Commerce has extended the deadline for companies to re-register their businesses online for a third – and “final” – time, giving companies until December 31 to complete the online registration before penalties kick in, according to a document posted yesterday on the ...
Post Staff
http://www.phnompenhpost.com/business/another-setback-online-business-registry
Government considers delay of business registration
Fewer than half of Cambodia’s 42,000 registered businesses have met the government’s deadline for reregistering online, prompting the Ministry of Commerce to consider another extension, a spokeswoman said on Tuesday. ...
Kang Sothear
https://www.cambodiadaily.com/business/government-considers-delay-business-registration-118856/
IPAC to work closely with gov’t to enhance intellectual property
Cambodia’s first independent association for promoting intellectual property (IP) is seeking closer cooperation with government agencies to help the private sector better understand IP, its benefits and the importance of registering their products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/ipac-work-closely-govt-enhance-intellectual-property
CAMFEBA launches an ASEAN guidebook
The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/camfeba-launches-asean-guidebook
Rice body elections come at crucial time
Elections are due in the Cambodia Rice Federation (CRF) for the second term of its president and council of board members. The elections come at a crucial time as the government considers an emergency loan request from the CRF to help protect the rice sector ...
Chea Vannak
http://www.khmertimeskh.com/news/25665/rice-body-elections-come-at-crucial-time/