Economic policy and administration

Business structures and legal registration

Informal MSMEs motivate to integrate into formal economy

Minister of Industry, Science, Technology, and Innovation Hem Vanndy said the government is committed to promoting micro, small and medium enterprises (MSMEs) access to finance and motivating informal SMEs to register into the formal economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501462328/informal-msmes-motivate-to-integrate-into-formal-economy/

Nearly 30,000 firms with $8.6B capital register on OBRS

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-30000-firms-86b-capital-register-obrs

Business merger sub-decree to enter into force next month

The Ministry of Commerce (MoC) issued an announcement to alert businesspeople that the sub-decree on requirements and procedures for business merging that the government approved on March 6, 2023, with the signature affixed by Prime Minister Hun Sen will enter into force on September 6, ...

Kang Sothear
https://www.khmertimeskh.com/501338599/business-merger-sub-decree-to-enter-into-force-next-month/

Online business registration made easier

Cambodia has launched the third phase of online business registration by including an additional 12 relevant ministries and institutions to facilitate business procedures in Cambodia. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-online-business-registration-made-easier

Over 20,000 businesses featured on Single Portal

A total of 20,574 companies, with cumulative “registered share capital” of $5.77 billion, were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of December 26 at 2pm, the Online Business Registration Service (“OBRS”) reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/over-20000-businesses-featured-single-portal

Kingdom leads trademark registration forum

Cambodia has received the full support of members to lead the 20th session of a Working Group on the legal development of the Madrid System for the international registration of trademarks by the World Intellectual Property Organization (WIPO) for 5 days from November 7- 11. ...

Ry Sochan
https://www.phnompenhpost.com/business/kingdom-leads-trademark-registration-forum

China company plans EV assembly in Cambodia

China Matrix Technology Group-Horche Intelligent Automobile plans to set up a unit to assemble electric vehicles in Koh Kong province, as per a virtual meeting on October 22. ...

Sok Sithika
https://www.khmertimeskh.com/501174221/china-company-plans-ev-assembly-in-cambodia/

Single Portal logs 3.8K firms in 125 days

A total of 3,789 businesses were successfully registered on the Online Business Registration Platform, also known as the “Single Portal”, in the 125 days to October 17, bringing the cumulative figure to 18,465, according to the Online Business Registration Service, the competent government agency. ...

Hin Pisei
https://www.phnompenhpost.com/business/single-portal-logs-38k-firms-125-days

Deadline for online business registration now extended to July

Uncertainty over business conditions and the impact of the spread of Covid-19 has prompted the Ministry of Commerce to postpone the issuing of fines until July for online business owners who are late to apply for e-commerce permits or licences. ...

Hin Pisei
https://www.phnompenhpost.com/business/deadline-online-business-registration-now-extended-july

Sustainability disclosure database for local firms launched

Cambodia, with support from the World Economic Forum (WEF), on May 12 launched the Supplier Database with Sustainability Dimensions (SD2) database, the first of its kind, to provide information on the sustainability operations of domestic companies. ...

May Kunmakara
https://www.phnompenhpost.com/business/sustainability-disclosure-database-local-firms-launched

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

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