An online business registration via single portal “Business Registration System on Information Technology Platform”, which is another move of the sharp reforms of the Royal Government of Cambodia to enhance the country’s competitiveness and attractiveness by facilitating and encouraging business registration to all companies, was officially launched on June 15.
Through the platform, businessmen can register their new businesses as a package at www.registrationservices.gov.kh, which includes business registration at the Ministry of Commerce, tax registration at the General Department of Taxation, and business operation announcement to the Ministry of Labor and Vocational Training at the same time within only eight working days and with less spending on registration process by half.
Besides, businessmen can apply for Qualified Investment Project (QIP) registration at the Council for the Development of Cambodia.
It also provides a key opportunity to businessmen looking for legal documents for their business identification in order to accelerate and get credits from the government’s special funds which has been created to help the private sector, affected by the COVID-19 pandemic.
The official launch of Business Registration System on Information Technology Platform is only the first phase focusing mainly on new businesses, H.E. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, said in his speech at the launching ceremony, stressing that for the next step, the Royal Government will continue to expand the scope of this system to all ministries and institutions in order to deliver licenses on IT-based platform.