Cambodia
Key entity, tax, banking, visa, and compliance guidance for foreign founders incorporating in Cambodia.
Foreign Ownership Eligibility
Cambodia welcomes 100% foreign-owned companies
Fully remote formation — you never need to set foot in the country.
- 100% foreign ownership permitted in most sectors
- Legal system: Civil Law (French tradition)
- Primary registration authority: Ministry of Commerce (MoC)
- Registry website: https://www.moc.gov.kh
- Tax authority: General Department of Taxation (GDT)
- Corporate income tax (CIT): 20% - Source: CIT: 20% (GDT Cambodia). VAT: 10%.
- VAT / sales tax: 10%
- Estimated formation timeline: 7-14 days - Via MoC online portal. Source: MoC Cambodia
- Annual compliance and renewal obligations apply
Ownership
100% Foreign OK
Formation
100% Remote
Tax at a glance
Cambodia Tax Overview
20%
Corporate Income Tax (CIT)
CIT: 20% (GDT Cambodia). VAT: 10%.
10%
VAT / Sales Tax
CIT: 20% (GDT Cambodia). VAT: 10%.
General Department of Taxation (GDT)
Tax Authority
https://www.tax.gov.kh
Pros & cons
Advantages & Considerations
Key Advantages
100% foreign ownership permitted in most sectors
Legal framework: Civil Law (French tradition)
Primary registry: Ministry of Commerce (MoC)
Tax rate: 20% CIT
Incorporated company has access to Cambodia market
Considerations
Local professional guidance recommended for regulatory compliance
Banking KYC requirements can be extensive - allow time for account opening
Professional services market may be limited compared to major financial centres
Verify sector-specific restrictions before investing
Currency risk: KHR fluctuations may affect USD-denominated investments
Incorporation Process
The process is strictly digital. Each stage builds on the previous one.
Name reservation
Prepare incorporation documents
Submit registration application
Tax registration
Open corporate bank account
What you'll pay
Cost Architecture
Government Fees
Annual Ongoing
Professional Services
Government fees change frequently. Always verify current fee schedule at https://www.moc.gov.kh before committing.
Still unsure about costs?
These are estimates — your actual cost depends on your structure
Every Cambodia setup is different. A 15-minute call with one of our specialists will give you a personalised cost breakdown — completely free.
Fintech & Banking
Can non-residents open accounts without visiting? NO.
Banking options for non-resident founders in Cambodia. Remote account opening availability varies by institution.
| Institution | Type | Ease for Non-Residents | Notes |
|---|---|---|---|
| ABA Bank | Traditional bank | Low (Visit Required) | |
| Canadia Bank | Traditional bank | Low (Visit Required) | |
| ACLEDA Bank | Traditional bank | Low (Visit Required) | |
| Cambodian Public Bank | Traditional bank | Low (Visit Required) |
Regulatory requirements
Annual Compliance Matrix
| Requirement | Deadline | Details |
|---|---|---|
Annual company filing | Ongoing | File annual returns with Ministry of Commerce (MoC) to maintain good standing. |
Corporate income tax return | Ongoing | Submit annual CIT return to General Department of Taxation (GDT). Rate: 20%. |
VAT filing | Ongoing | VAT-registered businesses file periodically. Rate: 10%. Verify threshold with General Department of Taxation (GDT). |
Accounting records | Ongoing | Maintain statutory books per Civil Law (French tradition) requirements. |
Beneficial ownership disclosure | Ongoing | Verify current UBO requirements in Cambodia. |
Frequently Asked
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