Opening a Company in Cambodia

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kbsafdar
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Pakistan

Opening a Company in Cambodia

Post by kbsafdar »

Hello! All,

Good Day!

Would be obliged to have precise and detailed guidance on the procedures and Total cost for opening a medium size Company in the Phnom Penh, Cambodia, for Trading, Imports, Exports and Sourcing of different products mainly Textiles, with two partners both foreigners, want to have simple partnership Company, no LLC or Limited, as initially prefer not to invest much, additionally kindly do guide :-

1. Total Cost for opening the subject Company, bank accounts etc.,
2. Documents Required for opening the subject Company
3. Duration
4. will it be necessary to have / show separate place for office and residing apartment? or can use
Apartment place for both purposes?
5. What would be the ideal or available monthly rent for non furnishes single bed room (can be
studio Apartment) , with bath, reasonable kitchen.
6. without problem for Water and Electricity.
7. How much will it cost for the Visa transfer, can it be done while staying in Vietnam no need an
exit / entrance.
8. Approximate monthly expenses.
9. Approximate expenses for necessary things required for the Apartment, as its non furnished
including Wi-Fi etc.,
10. Kindly include any related information missed above.

In advance for your attention and valuable time and guidance,
Best Regards and Wishes
KB Safdar
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Marty
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Canada

Re: Opening a Company in Cambodia

Post by Marty »

No Joke Howard ran successful businesses in Cambodia. Watch all his videos. Follow.
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AndyKK
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Great Britain

Re: Opening a Company in Cambodia

Post by AndyKK »

^^Quote - 10. Kindly include any related information missed above.

Firstly you are flying the Pakistani flag, and your two partners are of what nationality, visa purpose you ask. You have many details to ask, in fact what you are asking here is most to set-up the full business and living plan on entrance too the country.
Can you afford the costs for opening a medium size Company in the Phnom Penh, Cambodia, and that of the textile trade. How many staff are you looking to employ with your proposed business of Imports, Exports. Initially you quote you prefer not to invest much. Cambodia are offering incentives for good investments.
So from the outset you are asking people to give complete information from visa to accommodation to business and its plan. The you will be hiring staff with your 2 partners. The questions you ask with a tiny more detail around the edges you could hire an agent to do this for you, because running this type of business if serious would be a committed concern.
lets put a start-up cost to this (and see what other members would quote) I would say bottom investment of $300,000 to $500,000
I ask a question if your serious and have the capital investment but can't be bothered to come to the country and do the legwork do you want to hire me as an agent or manager to do this task on your behalf?
Always "hope" but never "expect".
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