A Cambodia sole proprietorship is an attractive option for many international investors in Cambodia, since it ensures full foreign management control. However, despite new laws introduced in 2006 to encourage foreign investment, entrepreneurs should be prepared for inconsistent regulations, bureaucratic challenges and licensing delays. The following information will help you determine whether a 100% foreign-owned Cambodian company is the optimum corporate structure to fulfill your business objectives.

This option gives international entrepreneurs good access to local Cambodian markets while retaining full control of their business.

The management of the sole proprietorship may performed by the shareholder or by an individual appointed by the shareholder.

The Cambodian government encourages 100% foreign investment in projects using the latest technologies, as well as export-orientated projects.

The Cambodian government recently abolished its double pricing system, whereby foreign-invested companies were required to pay higher statutory fees than Cambodian-invested companies.

A company is considered to have Cambodian nationality if it has a registered office in Cambodia and at least 51% of its shares are owned by Cambodian nationals. Similarly, only companies with Cambodian nationality shall be permitted to register corporate names that imply such nationality.

A limited liability company with Cambodian nationality is referred to as a "local company" Under the Constitution of the Kingdom of Cambodia, only a local company is entitled to own land.

The Chairman of the Board of Directors of a local company must be a Cambodian national. Other directors can be foreigners.

Our fees for a sole proprietorship in Year 1 range from US$11,000 to US$21,000 depending on the corporate structure chosen and the range of professional services required from Healy Consultants. These fees include i) government License fees ii) virtual office fees iii) corporate bank account opening and iv) residence and employment visas.