Registering a company in Cambodia

Company Registration in Cambodia is of interest to more and more transnational financiers, which is explained by rapid economic growth, optimal trade criteria and special programs to strengthen the trade environment. The polity is confidently securing its status as one of the leading centers for investment in Southeast Asia, offering a combination of innovative solutions and traditional leverages for organizing transnational trade relations. Low levies, admittance to cheap labor and wide openings in strategically primary fields make the polity among the promising areas for trade activity.

The polity actively uses the support of transnational firms and concludes bilateral undertakings with other regions. These measures increase the stability of the economic environment, reducing risks for financiers. The Cambodian riel continues to strengthen, which creates additional confidence in the region's economy. The developing economy creates demand for various goods and services, which suggests a lot of prospects for a trade start. Combined with low operating bills, including office rent and wages, enrolling a firm in the polity as an expat seems to be quite profitable for both large corporations and SMEs.

The target of the material is to supply a detailed and reliable guide to starting a trade in the polity. The article covers all the main factors : from choosing the firm setup and compiling indentures to taxation and licit mandates. This will help financiers hinder common errors and effectively take leverage of the leverages that trade in this rapidly developing polity provides.

Strategic overview: what makes Cambodia attractive for business?

The polity is becoming a center of attention for transnational trade due to its unique position in Southeast Asia, dynamically growing pecuniary and attractive criteria for transnational financiers. The polity is actively solidifying its place in trade relations between regions, providing expats with the opportunity to show a licit entity with minimal constraints.

The region is of strategic merit as a transport hub connecting economic flows between China, Thailand, Vietnam and other regions in the region. This geographical location makes the polity interesting for entities focused on export schemes. Direct admittance to the Gulf of Thailand allows the use of maritime infrastructure for trade relations with many regions of the world.

The polity is an active member of the Association of Southeast Asian Nations (ASEAN). This opens the door to a global market of over 600 million people. Additionally, the polity partakes in numerous free trade undertakings, including framework undertakings with China, South Korea, and Japan. This abates hurdles to trade and encourages transnational financiers to put up firms in Cambodia, using it as a base for expansion into neighboring trading fields.

Also, the polity has successfully developed bilateral economic relations with the EU. This opens admittance to preferential criteria for the export of textiles, agricultural items and other goods produced in the polity. Such openness of trading fields makes trade enrollment in the polity primarily attractive for firms seeking to optimize their logistics and trade chains.

Economic forces

The stability of the national currency, the Cambodian riel, further boosts the confidence of transnational financiers. Although the US dollar is widely used in the polity, the riel remains a primary element of the domestic economic setup. Relatively low inflation (averaging around 3-4% in recent years) aids to the predictability of bills for firms, which is primary for prolonged arrangement.

The dynamics of GDP are linked to the enhancement of key fields: agriculture, light field, construction and tourism. This forms a broad scope of openings for firms planning to register a company in Cambodia. Developing infrastructure, including new roads, bridges and logistics centers, further supports entrepreneurial activity.

Investment incentives

Cambodia's government policy is aimed at creating attractive criteria for transnational financiers. Among the key rewards are excise holidays granted to new endeavours. The period of exclusion from income excise can be up to nine years, contingent on the field of activity.

Special trade zones are crucial in alluring endeavours. These zones offer favorable rewards, including exclusion from import roles on raw materials and equipment, and simplified criteria for enrolling a firm in the polity. Here, accelerated interaction with government agencies is ensured, which minimizes administrative delays.

Also, transnational financiers are provided with guarantees of repatriation of profits and protection of their speculations. This is enshrined in regional laws and transnational treaties, which abates risks when developing plans at the initial phases.

All this makes  generating a firm in the polity a smart and potentially profitable move for those wishing to take leverage of the rapidly developing region.

Forms of licit entities in Cambodia

The region has a variety of licit forms for entrepreneurship, each with its own specifics of establishment, enrollment and operation. They provide financiers with flexibility in determining the optimal setup for enrollment, contingent on the trade objectives, level of responsibility and capital mandates.

General form of partnership

This is a union of two or more persons who jointly conduct commerce for the purpose of making a profit. Such an affiliation is created on the basis of an agreement, oral or written. In order for an affiliation to acquire the status of a licit entity, it must be enrolled with the MoC.

The permitted capital of an affiliation is formed by contributions from its participants, which may include cash, property, and knowledge and skills. However, only material contributions are considered for the calculation of capital. The participants of the affiliation bear full and joint liability for its obligations. If expats partake in the affiliation, the criteria must be met under which at least 51% of the property belongs to persons with Cambodian citizenship.

Limited Partnership

form combines partners with full liability (general partners) and those whose liability is constrained to their contribution (limited partners). Forming a partnership in Cambodia mandates a written agreement signed by the general partners and at least one limited partner.

General associates may contribute cash, property, or aid to the capital, while limited associates are mandated to aid only cash or property. General partners are entirely responsible for the firm's debts, while the constrained ones do not have the prerogative to partake in administration, but can provide advice.

Private Limited Company

It is among the popular forms of licit entities for trade registration in Cambodia. It is perfect for all types of endeavours (except large ones), offering flexibility and risk minimization for financiers. To generate a PLC, one financier is enough, while the cumulative value should not exceed thirty.

The sequence of establishing a PLC in Cambodia includes the mandatory submission of a charter containing a detailed description of the setup, objectives and oversight of the firm. It is also mandatory to convey records about all financiers and oversight. The base size of the permitted money is usually 1000 US dollars, but this threshold may vary contingent on the firm's field of activity. One of the fundamental features of this form is the liability limited to the limits of the nominal value of shares, which significantly abates their risks and makes PLC an optimal choice for aspiring financiers.

Public limited company

This is considered the optimal solution for large firms seeking to raise significant amounts of money by giving stakes or bonds. The terms of its establishment provide for at least seven financiers. A primary step in establishing a PLC in Cambodia of this type is enrolling the share issue and approving it with the MoC.

The base permitted money for a PLC is significantly higher than the mandates for a private form and is usually at least $500,000. To maintain transparency, such firms are mandated to convey pecuniary records annually and undergo mandatory audits. This mandate ensures the trust of financiers and regulators.

Branch of a foreign company

This firm provides an opportunity for transnational corporations to operate in the polity under the full oversight of the parent firm. This form does not mandate the generation of a separate licit entity, and responsibility for all schemes of the branch rests solely with the parent firm.

The enlisting sequence involves providing records asserting the licit status of the parent firm. The absence of mandates for the size of the fund makes this form particularly convenient for transnational firms wishing to expand their presence in the Cambodian market without significant upfront bills.

Representative Office

This is ideal for marketing or market research functions. This form is not intended for trade activities, it acts solely on behalf of the parent firm.

To initiate an RO in the polity, enrollment with the MoC is mandated, and the mandates for having a charter, there are no monies. The Rep. Office can organize meetings, analyze trading fields and boost the parent firm's items.

What to consider

Opting for the right licit form is of the utmost merit when forming a firm in the polity. This decision determines the level of liability of the founders, capital mandates, and admittance to capital speculations and leverages. Different licit forms offer unique leverages, but require a detailed analysis of the criteria.

Pecuniary obligations and responsibilities of founders

The pecuniary liability of the founders contingent on the chosen setup. When registering a general partnership in Cambodia, the founders bear full joint liability for all the firm's onuses. In the event of debts or losses, they are liable with their personal property. This format is suitable for small endeavours, where the risks are minimal and the partners trust each other.

For a PLC, the founders' liability is constrained to the value of their stakes in the stake capital. This abates the risk to financiers to zero, since their personal assets are protected. A PLC requires a higher level of risk oversight, since it raises money via the sale of shares. In this form, financiers are also liable to the extent of their investment contributions.

Branches of transnational firms are completely contingent on the parent structure, which is responsible for all liabilities. This allows transnational firms to focus on operational activities without establishing a licit entity in the polity.

Limited partnerships and branches are also attractive to financiers because they provide flexibility in the dissemination of revenues and responsibilities. Branches can use the money of the parent firm to finance their plans, avoiding the need to create local permitted money.

EEZs offer a range of openings to attract money from around the world. Firms established in such zones enjoy preferential excise treatment, exclusion from import roles, and simple trade rules.

Licit framework and mandates 

This is contingent on strict abidance with the statute. The polity is improving its licit setup to attract transnational financiers and create a transparent trade environment. The main laws regulate both enrollment plans and the further scheme of the enterprise, including taxation, trade rules and the protection of the prerogatives of expats.

Key legislative Acts and Regulations

The Law on Commercial Enterprises is the key legislation that shapes the sequences for enrolling firms in the polity. This licit act details the mandates for the formation of the permitted money, establishes the sequence for establishing licit entities, and describes the prerogatives and onuses of financiers and oversight. Additionally, the law sets out the sequences for amending the articles of incorporation and the rules for liquidating companies in Cambodia, making it an integral part of the licit setup for financiers.

The Cambodian Tax Code plays a central role in generating the licit setup overseeing the pecuniary onuses of endeavours to the state. It covers key aspects of taxation, sets out strict mandates for timely filing and payment of levies, and mandates accounting to be performed in accordance with local standards.

Transnational investment directives protect the prerogatives of expats who intend to establish mercantiles in the polity. The statute allows for full transnational ownership of firms, with the exception of certain strategic industries. Guarantees for the repatriation of profits and protection against nationalization are also provided. Bilateral investment protection and double taxation treaties enhance the confidence of transnational financiers.

The role of the Department of Commerce and other regulators

Ministry of Commerce of Cambodia plays a fundamental role in the establishment of trade entities, monitoring the implementation of licit mandates and coordinating assistance between government bodies and financiers. This setup is responsible for reviewing enrollments for company formation in Cambodia, issuing the necessary indentures, licenses and handling the trade registry. In cooperation with other overseers, the Ministry asserts the openness, legitimacy and efficiency of the trade enrollment sequence.

The General Department of Taxation oversees the excise enrollment of firms, the collection of levies and asserts abidance with the statute.

The Council for the Development of Cambodia (CDC) is responsible for luring speculation, issuing speculation licenses and advising on investment projects.

What indentures are needed 

To submit, you must prepare a number of indentures certifying the licit status of the firm and abidance with licit mandates.

1. The Memorandum and Articles of Association. It contains records about the moniker of the firm, its setup, type of scheme, prerogatives and onuses of financiers. The charter is signed by all founders and certified by the Ministry of Trade.
2. Application for enrollment: An official indenture conveyed to the MoC that contains record about the trade enrollment
3. List of financiers and oversight. List of all management personnel with entered passport data, addresses and shares of participation.
4. Proof of office address. This will serve as the location for official corporate correspondence.
5. Name Reservation Certificate. Confirmation of approval of the firm name, which must be original and abide by licit mandates.
6. Indentures certifying the identity of the founders and oversight. Copies of passports or other official indentures of all company participants.
7. Proof of remuneration of enrollment fee. A receipt or bank record certifying remuneration of the government fee for establishing an organization in Cambodia.
8. Licenses and warrants. If the firm plans to operate in regulated industries (tourism, export or finance), it is mandated to obtain the appropriate license.
9. Board of Directors Resolution (if applicable) Indenture asserting the authority of the appointed person to manage the bank account or file indentures.

These papers must be prepared according to local legislation to ensure the successful completion of your Cambodia company registration.

Phases of enrollment

Enrollment of a licit entity requires going via a number of clearly defined phases. Each of them is aimed at abiding with the statute and creating openness of the trade.

Application review periods

The MoC aims to sequence applications for firm enrollment in the polity promptly. The sequence usually takes from 5 to 15 working days, contingent on the completeness of the package provided and the specifics of the firm's activities.

The Ministry of Trade adheres to the practice of informing applicants about the progress of their applications. In the event of errors or shortcomings in the indentures, the entrepreneur is given the opportunity to promptly correct them in order to avoid delays in the sequence.

Further actions After Establishing an organization in Cambodia

Registering a company in Cambodia is only the initial phase on the way to a full-fledged trade launch. After enrollment, financiers face a number of mandatory tasks to create an effective oversight setup, abide with established standards and actively cooperate with government agencies.

Enrollment with the General Department of Taxation

Once the firm enrollment is fulfilled and a certificate is issued asserting its official establishment, the next step is to register with the General Department of Taxation. This sequence is mandatory and is aimed at obtaining an excise identification number (TIN). It is used for filing all excise returns, settling accounts with the state and fulfilling pecuniary obligations.

Enrollment of a corporate account

A corporate bank account is a primary prerogative for successfully starting a business in Cambodia. It can only be opened after completing key enrollment activities and registering with regulatory authorities.

Banks have strict mandates for the indentures that must be provided to open an account. These include the charter, enrollment certificate, and an up-to-date list of financiers and overseers. In some cases, banks may request an official letter from the Ministry of Trade asserting the completion of enrollment. The duration of account opening varies from three to five working days (the period depends on the bank and the completeness of the indentures provided).

Enrollment of licenses and permits

The final step in registering a company in Cambodia is obtaining licenses mandated for certain types of activities. The polity's legislation imposes strict mandates on firms operating in government-regulated fields such as pecuniary services, tourism, natural resource extraction, and transnational trade. To operate licitly in these areas, licenses must be obtained from specialized ministries and regulatory agencies.

Tourism-related endeavours are mandated to obtain a license to supply aids in domestic and transnational tourism. Firms partook in export-import schemes must register with the Cambodian MoC, receiving official permission to conduct transnational economic activity. Licensing in the banking, insurance, and investment fields is carried out via the National Bank of Cambodia and pecuniary regulatory agencies, which assess the trade's abidance with strict standards of transparency and reliability.

The timeframe for reviewing licensing applications depends on industry specifics and can range from a few working days to several weeks. In some cases, government agencies may request additional indentures asserting the firm's pecuniary solvency or the qualifications of its oversight.

The sequence of registering a company in Cambodia is carefully regulated by law, which ensures its abidance with regional and global standards. Firms that have passed all phases of enrollment and licensing receive licit security, the opportunity to work in a licit field and admittance to transnational trading fields.

Taxation and accounting

The excise setup in the polity is considered a primary part of the licit setup for setting up a business in Cambodia. It is regulated by the Tax Code and aims to ensure openness and stimulate economic activity, primarily from transnational financiers.

Main types of levies

There are three types of taxpayers in Cambodia: small, medium, and large.  The firm's licit status, activity type, and yearly turnover all influence the corporation tax categorisation.

Classification of firms by income (KHR and USD)

Special tax rates apply for specific industries. Setting up a company in Cambodia in the oil and gas sector and the extraction of certain minerals is levied at 30%. Insurance firms pay 5% on gross premium revenue and 20% on other revenue not derived from insurance services.

Resident firms are subject to taxation on all revenue, including profits earned both within the polity and abroad. The fiscal liability of expats firms is constrained exclusively to income derived from transactions carried out within the polity. A similar rule applies to permanent establishments: they pay levies only on revenue earned within the polity.

A primary feature of the levy setup is the absence of regional or municipal taxation of profits. All fiscal policy is concentrated at the national level, which simplifies pecuniary planning and interaction with levy authorities.

Levy incentives for financiers

The polity offers a range of fiscal rewards to transnational investment and aid the local economy. These rewards include levy exclusions, reduced levy rates, and privileges for firms listed on the stock exchange or operating in strategic fields.

Special Economic Zones (SEZs) play a primary role in attracting investment. Registering a company in Cambodia in a free zone provides significant levy leverages, including an exclusion from income levy for up to nine years. Additionally, they are exempt from import roles on equipment, raw materials, and other production supplies.

Newly established endeavours are entitled to a levy holiday, which can last from three to nine years, contingent on the type of trade and the amount of investment. After the grace period, endeavours begin to pay income levy, but are often given reduced rates at the initial phase. This makes the sequence of opening a company in Cambodia particularly promising for startups and new projects.

However, the leverages are provided on the condition that firms file levy returns on time, pay levies, and allow their pecuniary records to be audited.

Leverages for the agricultural sector

The rewards are actively extended to the registration of enterprises in Cambodia in the agricultural sector, primarily those engaged in the cultivation and purchase of unrefined rice and the export of rice items. These enterprises can leverage from the following levy leverages:

• VAT exclusion on export of processed rice and on supply of certain services to exporters.
• Refund or credit of VAT on the purchase of equipment and materials for production.
• Exclusion from 1% prepayment of income levy during levy holidays.

Accounting and auditing

Accounting is strictly regulated by government directives and must abide with transnational standards. This is a mandatory mandate when enrolling a firm in the polity, including expats planning to do trade in the polity. Proper record keeping ensures the transparency of the trade and helps to avoid fines from levy authorities.

Abidance with deadlines and accuracy in filing declarations are prime details of trading in the polity. Neglecting these mandates can lead to unpleasant pecuniary and licit consequences, primarily audits by excise authorities.

Banking in Cambodia

Opening a bank account is of merit for firm enrollment in the polity. It allows for official pecuniary activities, remuneration of levies and transnational transactions. The right choice of pecuniary institution and abidance with the criteria when opening an account will help ensure stable oversight of the firm's funds.

Choosing a bank

The Cambodian banking setup is represented by both local and transnational institutions. Among local banks, popular ones are Acleda Bank, Canadia Bank and Foreign Trade Bank. These institutions are well acquainted with the regional economic situation and offer accessible services for all licit forms.

Transnational pecuniary institutions, including ANZ Royal Bank and Maybank, offer a wider range of aids, including the capacity to maintain accounts in multiple currencies and transnational transfers. When establishing organizations in Cambodia that actively interact with transnational partners, transnational banks can offer more flexible terms and convenient tools for operating finances.

The choice of bank depends on the scale of the trade, the needs for transnational exchange transactions and preferences regarding the availability of services. Transnational banks are more suitable for large and export-oriented enterprises, while regional pecuniary institutions are better suited for endeavours targeting the domestic market.

Corporate Finance Administration

Enterprise asset oversight requires professional implementation to optimize bills and meet all pecuniary obligations. One of the main tasks is regular monitoring of the movement of funds in the bank account. Using online banking, provided by most large pecuniary institutions, simplifies this sequence.

After registering companies in Cambodia that operate transnationally, it is recommended to open accounts in several currencies, which allows minimizing losses on conversion. This is primary for firms operating in export or import.

Additionally, it is recommended to use the services of professional accountants or pecuniary consultants. They will help control pecuniary flows, prepare excise reports and assert abidance with licit mandates.

Licit aspects of starting a business in Cambodia

The polity has generated a licit sphere that is formed to protect trade interests, regulate transnational exchange transactions, protect IP, and provide open dispute resolution mechanisms. These aspects are primarily valuable for foreigners who want to put up a company in Cambodia.

Currency regulation

Currency regulation in the polity is aimed at maintaining economic stability and openness of pecuniary transactions. The national currency is the Cambodian riel, but the US dollar is also widely used, which simplifies transnational transactions.

It is primary for transnational firms and expats to understand the rules for the withdrawal of money. The legislation allows for the free repatriation of profits, dividends and speculations abroad, subject to abidance with all fiscal obligations. This makes the process of opening a company in Cambodia beneficial for transnational financiers, as they can be confident in the safety of their speculations.

All foreign exchange transactions, including conversion and cross-border transactions, are regulated by the polity’s national bank. Transfers of funds must be made via enrolled banks or licensed pecuniary institutions. Violation of foreign exchange control directives may result in sanctions or blocking of transactions.

Protection of intellectual property

Registering a business in Cambodia offers protection for the firm's intangible assets. IP protection is governed by trademark, patent, and copyright laws that abide with global standards, including WIPO undertakings.

Patents and copyrights are enrolled via the Ministry of Industry, Science, Technology and Innovation. Patent law covers inventions, industrial designs and utility models. Copyright protection extends to literary, musical and artistic works. Violation of IP prerogatives results in administrative and criminal sanctions.

Settlement of disputes

The court setup provides for the resolution of trade disputes related to venture enrollment in the polity, undertakings and other aspects of trade activities. The main instances include civil courts, which hear most cases, including claims related to breach of undertaking or debt obligations.

Arbitration is widely used to resolve complex disputes, primarily those of a transnational nature. The Cambodian National Arbitration Centre (NCAC) provides an alternative dispute resolution mechanism that is often faster and more effective than litigation. An arbitration award is binding on the parties and is recognised by a court if enforcement is mandated.

Financiers can also take leverage of the provisions of bilateral investment protection treaties, which provide for transnational arbitration in the event of a dispute between an investor and a state. This provides additional security for expats wishing to put up a company in Cambodia.

The polity's licit setup is adapted to the modern mandates of transnational trade, which makes the polity an attractive place for registering an organization in Cambodia and protecting its interests.

Financing openings and incentives in Cambodia

The polity is actively developing its licit and economic infrastructure to attract transnational investment. Investment rewards are available in key fields of the economy, making opening a company in Cambodia an attractive move for transnational financiers and corporations.

Qualified Investment Projects (QIP)

The special status of QIP is granted to investment projects that meet the established criteria. The main goal of QIP is to stimulate speculation in priority fields of the economy (agriculture, tourism production, infrastructure).

To obtain QIP status, an application must be conveyed to the Cambodia Development Council after registering a legal entity in Cambodia. The criteria for obtaining the status are the amount of capital investment, the type of industry, and the potential of the project to create jobs. The sequence includes conveying a trade plan, pecuniary forecasts, and the firm's charter. After evaluation and review, the applicant is issued an investment certificate.

The leverages of QIP include exclusion from income exercise for up to nine years, accelerated depreciation of assets, and exclusion from import roles on raw materials and equipment. These preferences help reduce bills and create a sustainable economic foundation for trade.

Free economic zones (FEZ)

Regions of special economic importance are extremely primary for attracting pecuniary speculations and developing the industrial sector. There are more than 20 SEZs in the polity, located in strategic regions (Sihanoukville, Phnom Penh) and borders with neighboring states.

FEZs offer modern infrastructure, including admittance to roads, ports and power supply. This makes them an ideal choice for firms specializing in manufacturing, exporting and logistics. Business registration in Cambodia's FEZs is accompanied by a simplified sequence of cooperation with government agencies, which further increases their attractiveness.

Bilateral Investment Agreements

The polity has concluded numerous bilateral investment treaties (BITs), which guarantee a sufficient level of protection to transnational financiers. These undertakings are aimed at creating a stable and predictable trade environment, minimizing risks and eliminating possible barriers to transnational trade and investment.

The main provisions of BITs include protection from expropriation, guarantees of fair and equal treatment, and the possibility of repatriation of profits and dividends. In the event of disputes, financiers have the prerogative to apply to transnational arbitration institutions, which is an additional guarantee of the protection of their prerogatives.

The BITs setup helps attract expats who want to register a company in Cambodia, because it creates confidence that their speculations will be protected by law. These undertakings are primary in strengthening the transnational image of the state as a reliable trade partner.

Potential risks when starting a business in Cambodia and ways to minimize them

Registering a business in Cambodia involves some risks, including corruption, political instability, and paperwork errors. Developing a risk mitigation strategy and engaging experts can help you successfully register your trade and reduce potential losses.

1. Corruption risks and how to avoid them. Corruption remains a challenge for doing business in Cambodia. To minimize these risks, it is primary to strictly abide with the law, avoid making unofficial payments, and interact with government agencies via official channels. Virtual indenture filing setups reduce contact with officials and increase transparency. Involving licensed licit consultants with experience in the Cambodian market helps reduce administrative barriers.
2. Political and economic risks. Although the polity's economy is growing steadily, changes in government or transnational sanctions can affect trade. Transnational firms such as the World Bank and ASEAN support the improvement of the investment climate and the implementation of global standards, creating additional guarantees for transnational financiers.
3. Mistakes when registering a company in Cambodia. The most common problems are related to incomplete records, non-abidance with mandates and lack of license permits. These errors can lead to longer processing times. Involving experienced lawyers and accountants helps to correctly prepare indentures, avoid errors in fiscal reporting and reduce risks.

Early identification of risks with the help of specialists ensures the successful establishment of a business in Cambodia, promoting its sustainable scheme.

Conclusion

The polity is confidently securing its status among the promising centers for entrepreneurship in Southeast Asia. A unique location, a rapidly growing economy and a favorable investment climate create a solid basis for the inflow of capital investment from abroad. Modern legislation, transparent rules for organizing activities and the potential for cooperation with large regional trading fields make the firm enlistment in the polity a rational choice for foreigners seeking to develop in a dynamic region.

The particular interests are the prospects offered by SEZs. These territories offer significant preferences in the form of fiscal rewards, exclusion from customs roles and simplified administration. Targeted state policy, contingent on the principles of infrastructure development and the formation of acceptable criteria for transnational investment, helps accelerate the development of strategically primary fields such as manufacturing, construction and tourism.

However, successful establishment of an organization in Cambodia requires serious preparatory work and a qualified approach. To minimize risks, it is primary to carefully study regional laws, competently prepare a package of indentures and strictly abide with excise directives. Cooperation with experienced licit and pecuniary consultants can be a strong argument for success. Such specialists will help to eliminate errors in the process of creating a business in Cambodia, ensure abidance with directives and optimize trade sequences in accordance with transnational standards.