Ministry of Economy and Finance
COVID-19 Active Response andExpenditure Support Program
UpdateDOING BUSINESS IN CAMBODIA— Starting a Business & Online Registration —23 March 2021

Ease of Doing Business Doing
BusinessActiveReport, Response
published by andthe World Bank Group, is
COVID-19
anExpenditure
annual study evaluatingease of doing business in 190
SupporttheProgram
countries.
Update Cambodia’s ranking in the last 5 years
Year2016

2017

2018

2019

2020

Ranking

127

131

135

138

144

 The Royal Government of Cambodia has formed an interministry working group with members from around 20 relevant

ministries and institutions in April 2020.

Ease of Doing Business (Cont.)

COVID-19 Active Response and Cambodia’s ranking will improve for the first time in 6Expenditure Support Program
years in the 2021 Doing Business Report (based on theUpdate
practice before May 2020) There will be a big improvement in the 2022 Report becauseof many reforms including an online business registration which
was launched in June 2020.
 Medium term target: Ranking below 100th in the 2023 Report.

Starting a Business

COVID-19 Active Response andSupport ProgramisExpenditure“Starting a Business.”
Update The table below shows “Starting a Business” in the 2020
 Doing Business Report is based on 10 indicators, one of which

Report (based on the practice before May 2019)
Sub-Indicators

Quantity

ScoresProcedures

952.9

Time (days)

99

1

Cost (% of income per capita)

53.4

73.3

Minimum Capital (% of income per capita)

70.2

82.5

Average Score

52.4

Starting a Business (Cont.)
No

Procedure (between May 2018 and May 2019)

COVID-19 Active Response and
1 Reserving
company name
Expenditure
Support Program
2 Businessincorporation
UpdateTime(days)

Cost(USD)

710304203Make a company seal

1154Open a bank account1-5Tax registration

30100

6Requirements by the Ministry of Labour

30212.57Submit company statute and evidence of bank account[1]-

8Labour inspection[1]-9Register at the National Social Security Fund

[14]

-Source: Ease of Doing Business (2020)

Starting a Business & OBR
Procedures(Before May 2019)

Time(days)

COVID-19 Active Response andBusiness incorporation
30Expenditure Support Program
UpdateTax registration
30Requirements by the Ministry of Labour

Cost (USD)
420
100+ Stamp Duty (250)+ Patent Tax (150)30212.5Time(days)

Cost (USD)

8420
252.5

Tax registration

30100+ Stamp Duty (250)+ 50% of Patent TaxRegistration & Post-registration requirements< 30212.5Procedures(After the lunch of OBR in June 2020)
Online Business Registration

From the launch (June 2020) of OBR until now, we have around 4800 companies successfully registered through OBR.

Starting a Business & OBR (Cont.)

COVID-19 Active Response and The scope of OBR is beyond “Starting a Business” in Doing Business
Expenditure Support Program
Report, which only focuses on procedures compulsory for all businesses.
Update In practice, businesses also have to apply for different licenses depending
business activities.
 Now,inPhase

2ofOBR,weareworking

withmanymoreministries/institutions including Ministry of Tourism,
 Ministry of Industry, Science, Technology and Innovation,
 Ministry of Post and Telecommunications, Ministry of Economy and Finance (General Department of Financial Industry),
 Ministry of Education, Youth and Sport, etc.

COVID-19 Active Response andExpenditure Support Program
UpdateA Demo(www.registrationservices.gov.kh)

COVID-19 Active Response andExpenditure Support Program
UpdateThank You and Stay Safe