Legal Costs of Starting a Business in PP?

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Nomad
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Legal Costs of Starting a Business in PP?

Post by Nomad »

How much are the legal costs of starting a business in Phnom Penh? If I were to open a restaurant, what do need to do or pay to open the doors legally as a sole proprietorship? (permits, licensing, legal (lawyer or notary) Do you think it can be done for less than $1,000?
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frank lee bent
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Re: Legal Costs of Starting a Business in PP?

Post by frank lee bent »

it is around $250 for a "tourist license" to sell food and beer iirc.
there is also a small tax for your signage- which the beer distributor will provide in corporate livery if you wish.
it is maybe $50.
i think that is all- maybe you are supposed to register with the sangkat too.

for sure- whatever you need, a guy will come around to let you know.
get a receipt.
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PSD-Kiwi
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Re: Legal Costs of Starting a Business in PP?

Post by PSD-Kiwi »

No idea about costs, but check out the following links for more information;

http://www.b2b-cambodia.com/b2b-business-startup/

http://www.doingbusiness.org/data/explo ... a-business
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vladimir
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Re: Legal Costs of Starting a Business in PP?

Post by vladimir »

Years back I opened a restaurant/bar in Kampong Cham

Only official costs were R10,000 for the sign tax, and a case of beers for the local police, who actually didn't seem very eager to accept it.

Maybe because my neighbour/friend was the deputy chief of police, I don't know.

But it's very cheap to do.

You may also need a work permit now.
Jesus loves you...Mexico is great, right? ;)
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frank lee bent
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Re: Legal Costs of Starting a Business in PP?

Post by frank lee bent »

for income tax a little man comes round.
give him $20.
he will not give a receipt.
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