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ARTICLE · 03 MAY 2023

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Types Of Limited Liability Companies In Cambodia

The first thing to undertake if you're considering setting up a company in Cambodia is choosing the appropriate business entity, as there are various separate and non-separate legal entities to choose from.

GlobalImmigration

The first thing to undertake if you're considering setting up a company in Cambodia is choosing the appropriate business entity, as there are various separate and non-separate legal entities to choose from. According to law on the amendment of commercial rules and commercial registration, there are four main types of business registration in Cambodia. The fair main types are sole proprietorship, partnership, limited liability company, and foreign business entities.

Among the four types, a limited liability company ("LLC") is the most common option for entrepreneurs starting a business in Cambodia. A LLC can consist of 1 to 30 shareholders, with a minimum capital of only 4,000,000 million Riel (US$1,000). Moreover, the LLC can be 100% Cambodian-owned; 100% foreign-owned; or a combination of Cambodian and foreign shareholdings. There are three types of limited liability company, which are private limited liability company, single-member private limited company, and

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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