Q:What taxes need to be paid after the establishment of a business ?

A:Any investment entity carrying out production and operation in Cambodia must declare at least four taxes each month,namely: value-added tax(VAT),salary tax,lease tax(with holding and paying)and minimum income tax. 

Q: Are there direct domestic flights ?

A:Hello！At present ,Beijing、Guangzhou、Shanghai、Nanning、Kunming、Hongkong、Shenzhen、Fuzhou、Xiamen and other places can fly directly to Phnom Penh,the capital of Cambodia.Chengdu、Wuhan、Macau、Guangzhou、Wuxi、Fuzhou and many other airports can fly directly to Sihanoukville,which is very convenient.Welcome to visit!

Q:What are the ways to settle in the Thai Boon Roong Special Economic Zone ?

A:At present ,our special zone is mainly based on land lease and factory lease .The price of land lease depends on the specific projece and the area of the leased land.The lease period is up to 50 years.

Q:The current power generation status and plan of the Zone ?

A:The entire country of Cambodia is currently dominated by water conservancy power generation.The Special Economic Zone has now invested in the construction of its own power stations and put them into use,with reasonable electricity prices. 

Q:Does the newly established company need any bank funds or capital verification certificate ?

A:If you register directly with the CDC,you need to provide a bank deposit certificate of 25% of the registered capital. If it is an ordinary company registered in the Ministry of Commerce ,only the amount of registered capital must be stated.

Q:Is there a limit to foreign investment in Cambodia ? What is the minimum capital for limited companies and joint stock companies ?

A:There is no restriction on the proportion of foreign investment in Cambodia,and foreign investors can have 100% equity.Generally,the minimum registered capital of a limited company or company limited by business registration is US $5000,but there is no preferential policy.Companies approved by the CDC enjoy preferential treatment,generally with a registered capital of more than US$50000.

Q:Can foreign employees be hired ?

A:It is allowed to hire 10% foreign technical and management personnel in proportion .

Q：Is it possible to import equipment and raw materials before the company procedures are completed ?

A:Before the VAT license is issued,equipment and raw materials can not be imported.

Q:How to register in the Special Zone ?

A:The theoretical time is 3 working days for the conditional registration certificate and 28 working days for the final registration certificate.The actual time is about 2-3 months.The normal CDC application registration 45 working days,and the application fee varies depending on the investment project.

List of general application requirments:

(1) Articles of Association;

(2) Feasiblilty study;

(3) Application form;

(4) Copy of passport or ID card;

(5) Declaration;

(6) Photos of shareholders;

(7) Address certification documents(property certificate,lease contract,confession contract,design and schematic diagram);

(8) The deposit certificate for opening a local bank account,at least 25% of the registered capital;

(9) If the shareholder is a legal person,the following documents are slso requied:

a. The business registration certificate of the legal person;

b. Legal representative authorization letter;

c. Copy of ID card or passport of legal representative;

d. Legal representative photo（4*6）

(10)Building and equipment drawings.

Q:How to apply for a visa to visit the Special Zone?

A:Cambodia supports the visa on arrival for China,or can apply E-visa online ,and it can also be processed in advance from the Cambodian embassy in China.The visa must provide the following materials:

Two two-inch photos(white background color photo);

One copy of ID card,original passport;

Two copy of homepages and one visa form(available for free at the Cambodian consulate).

The visa fee is about RMB360 per person,and the visa is valid for 3 months.If you apply for a multiple-entry visa for one year,you need to sign a domestic business visa(not a tourist visa)and apply for extension in Cambodia.

Q:What is the approximate labor cost in Cambodia?

A:In 2020,the minimum wage in Cambodia is US Dollar190/month,but most corporate employees, including overtime and various subsidies,will actually earn about US Dollar 250-300 per month.