Cambodia Keyword: Ministry of Commerce ("MOC")

September 7, 2021

As part of a wider enhancement of digital public services, and to improve the business and investment environment, the Royal Government of Cambodia launched Phase 2 of its online business registration platform, known as the “Single Portal,” on 1 September 2021. The move comes a little over a year after Phase 1 of Single Portal […]

September 1, 2021

Ministry of Commerce of Cambodia issued a clarification on the use of abbreviated names by Cambodian’s legal entities. Starting a business in Cambodia by setting up a company requires registering the company through the Ministry of Commerce (“MOC”)’s online system. As a matter of practice, to assign a name to the company, as the first […]

September 22, 2020

Introduction   The banking system in Cambodia includes commercial banks, specialized banks, microfinance institutions (“MFIs”), rural credit institutions, financial leasing companies, third-party processors, credit bureaus, representative offices, payment service providers, and money changers. Of these entities, commercial banks play a crucial role in providing financial services to the general public and businesses, ensuring economic and social stability, and the sustainable growth of the economy. As of this writing, there are 51 licensed commercial banks in Cambodia; […]

January 31, 2019

According to a previous notice of the Ministry of Commerce (“MOC”) dated 22 December 2017, all corporate entities were required to complete their online re-registration with the MOC by 31 December 2018. Recently, the MOC issued another notice, No. 0384, dated 30 January 2019, regarding further extension of the online re-registration deadline to 31 December […]

April 3, 2018

On 7 March 2018, the Ministry of Commerce (“MOC”) issued Prakas No. 088 MOC (“Prakas 088”) regarding the filing of business association statutes. According to Prakas 088, as part of ongoing obligations after registration with the government authorities, all business associations must file their statutes with the MOC. The filing must include their statutes as […]

March 30, 2018

Commercial Law – Filing Statute of Business Associations On 07 March 2018, the Ministry of Commerce (“MOC”) issued Prakas No. 088 MOC (“Prakas 088”) regarding filing statutes of business associations. According to Prakas 088, as part of ongoing obligations after registration with government authorities, all business associations, including foreign chambers of commerce, must file their […]

January 30, 2018

Good news for corporate entities that have not yet completed their online re-registration with the Ministry of Commerce (“MOC”). With its issuance of Notice No. 0281 dated 22 December 2017, the MOC has extended the previous deadline of 31 December 2017 to 31 December 2018 to give companies more time to comply with the regulations. […]