You asked: What is the best business to start in Cambodia?

What is a good business to start in Cambodia?

Doing business in Cambodia – Market opportunity

  • Tourism infrastructure and resorts.
  • Education services.
  • Architecture, construction, and engineering services.
  • Household goods and appliances.
  • Agribusiness and food processing.
  • Used cars and automotive parts.
  • Power generation equipment.
  • Fast food and beverage franchises.

What business is popular in Cambodia?

Agriculture remains the dominant economic sector, with strong growth in textiles, construction, garments and tourism leading to increased foreign investment and international trade. In the World Justice Project’s 2015 Rule of Law Index, Cambodia was ranked 99 out of 102 countries, the lowest in the region.

Is Cambodia a good place to start a business?

Out of 183 economies, the World Bank has ranked Cambodia 171st in terms of ease of setting up a new business. Cambodia saddles would-be entrepreneurs with a plethora of procedures to follow, and the average number of days it takes to register a business clocks in at 85–much more than in neighboring countries.

How much does it cost to set up a business in Cambodia?

Fees

Different Cambodia entity types Cost Draft invoice
Joint Venture US$23,285 View invoice PDF
PLC US$15,185 View invoice PDF
Branch of a foreign company US$16,685 View invoice PDF
Representative Office US$16,685 View invoice PDF
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How do I start a business in Cambodia?

Starting a business in Cambodia is a fairly straightforward procedure. To do business legally, you must first register with MoC business registration. Now, the service is done online. You can start reserving a name before registering your business or start registering your business right away.

What is the most popular company in Cambodia?

Top Companies in Cambodia

  • Charoen Pokphand Group. 4.1. LocationCambodia. …
  • United Nations. 4.2. LocationCambodia. …
  • Rosewood Hotel Group. 4.1. LocationCambodia. …
  • Heineken. 4.1. LocationCambodia. …
  • World Vision International. 4.1. LocationCambodia. …
  • Grab. 4.0. LocationCambodia. …
  • Deloitte. 4.0. LocationCambodia. …
  • Decathlon. 4.0. LocationCambodia.

Is it hard to start a business in Cambodia?

Business Etiquette: Doing business in Cambodia

Just like in any other country there are difficult parts to starting a business in Cambodia. You can learn from the mistakes of others, however, and come out ahead. One of the biggest tips you hear from entrepreneurs is to surround yourself with people you trust.

Can foreigners own business Cambodia?

There are no restrictions to a business being 100 percent foreign owned. This is not to be confused with Cambodian land ownership, in which a foreigner can generally own a maximum of 49 percent. … To register a company in Cambodia the name must also be registered with the MoC.

Is Cambodia a good country to invest?

Despite the risks, Cambodia still remains a very attractive place to invest. It attracts foreign workers and provides a cheap option for retirees. The country’s economic growth is expected to continue until the next decade. The Cambodian government is adding new laws to make it easier for foreigners to invest.

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