Choose a RO Name Kaizen can help our client to produce the equivalent name of a RO in Khmer language, perform a name availability search and reserve the name. Open corporate bank account Once a RO duly incorporated in Cambodia, the incorporation documents should be submitted to the bank for bank account opening. Kaizen can provide the assistance to open corporate bank account with a leading commercial bank in Cambodia, including preparation of necessary documents required by the bank and visiting the bank with client.
The tax registration process shall be initiated within 15 working days following the date a RO is registered with the MOC. Please also be noted, that the GDT will require the new authorized officer physically present at the GDT for photo - taking and fingerprint - scanning. A good quality colour scanned copy of the registration certificate and Articles of Association of the parent company. The documents above shall be translated into English and certified by a lawyer or notary public in the incorporation country;.
Letter of appointment from the parent company for the authorized officer of Cambodia RO;. The authorization letter from the parent company for legally using its name and logo etc. Six good quality colour scanned copy of the passport in respect of each director of the parent company, requires the signatures of directors on the lower right corner of each copy and their residence address;.
Six recently - taken photographs with white background without glasses and ears are clearly shown 4x6cm and signing on the back of authorized officer;. Where a RO intends to employ any expatriate staff, the employee quota approval shall be applied on an annual basis.
Moreover, a RO will be also required to handle a work permit for the foreign staff, which shall be renewed annually. Kaizen may provide the entire assistance on following matters. Please contact our professionals for further information. With that, although a RO is not allowed to carry out generating profit activities hence there is no income tax to pay, but the income — related taxes declaration also shall be arranged upon the Law.
Therefore, Cambodia RO shall file the annual TOI return to the GDT as well as pay patent tax and renew its Patent Tax Certificate on the annual basis like other forms of business entity such as limited company or branch. Appointment of Officers: Must appoint at least one local authorised representative Must appoint at least one local resident director Must appoint a Chief Representative who will relocate from headquarters You may also wish to refer to the related guide foreign company options in Singapore for more information.
Need guidance on the business entity type most suitable for your business? Let our experts guide you. Why outsource to Hawksford? Extensive and intricate business expansion knowledge Multilingual capabilities covering 20 nationalities and speaking 22 languages Local regulatory and technical compliance knowledge State of the art technology and security.
More questions? Let us guide you further You may find these Singapore business guides useful in helping you make your decision: GUIDE Singapore Branch Office Registration Find out more about registering a branch office in Singapore including the requirements and procedures for setting up the company, setup timeline and other compliance matters.
Let us help you set up your business structure in Singapore Choose your preferred contact method and one of our dedicated experts will be in touch.
Schedule a call Start an email conversation. Our services get you one step ahead in Singapore. Start an email conversation with our experts Our experts will be in touch with you within the next 48 hours. Must be the same name as the parent company and sign contracts under the parent company name. Can only conduct market research or feasibility studies. Do you want to expand your business to Thailand?
Together we will help you find the best company form for your business. Contact us: Bunnasomboon Chaiparinya.
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