Register Branch office in Cambodia
A branch is an outward expansion of a parent company. Businesses that want to expand their activities in Cambodia might do so by opening a subsidiary or a division. A unit of an international parent company has some advantages in terms of the speed it can be established and the cost of doing so.
Our business establishment experts can help you file all necessary paperwork and explain the responsibilities that the branch will be responsible for. We can help international companies manage a local entity by providing accounting, taxation, and human resource services.
Setup a branch office
Professionals deliver validated and certified transcriptions of all documents in Khmer. After sending the request to the Ministry, the specialists also send the necessary papers to the Commercial Registration agency. The services provided by our branch office formation team are listed below:
- Obtaining approval from board directors,
- Gathering, reviewing, and submitting the papers,
- Obtaining legal address,
- Consultation regarding the procedures.
Branch office registration conditions
The following are the fundamental prerequisites for establishing a branch office in the Cambodia:
- The subdivision is not permitted to participate in any tax-favored QIPs.
- The subdivision name must be the same as the holding company name,
- Obtaining a bank account and tax ID is necessary,
- To make regular payments for workers, the local workplace must enroll with the “Ministry of Labor and Vocational Training “and the NSSF.
Required documents
Credentials required for registration are:
- A registered legal address,
- Photo ID of the founder,
- NIC of company directors,
- Article of association of holding firm,
- Manager of the local unit employment document,
- Evidence of tax payments.
Professionals in our network analysis and submit papers and forms to the Business Registry for the branch formation.
Benefits of Branch office in Cambodia
Unlike some of their neighbors, the Cambodian administration is pro-business and permits 100 % foreign-owned firms. There are many other benefits for overseas entrepreneurs that want to establish a local unit here. A few instances are provided below:
- Special economic zone,
- Rapidly expanding economy,
- Corporate tax rates are low,
- Professional investment initiatives.
Branch office solutions
If you want to expand your multinational company’s operations beyond a single division, our Cambodian business formation advisers can help you with the procedures. Experts assess the market and register the corporate site for you to make the method more accessible.
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