Business registration / change type of business ?

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bladerunner
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Business registration / change type of business ?

Post by bladerunner » Wed Mar 28, 2018 3:33 pm

Hi,
I have been getting mixed responses to this question...
My brother has a guest house registered here as a sole proprietorship but for personal reasons, he had to leave Cambodia for a while. Now I am here taking care of the business and want to convert the business type from sole proprietor to partner. Most consultants have told me that it cannot be done and we would have to liquidate the business and re register, which is obviously expensive and time consuming. With all the department s... I

Anyone has an idea if it's possible and about the procedure ? Any help would be appreciated ... Since he s not here for a while, it helps me with being an authorized signatory and partner in the business...

Thanks
Barang chgout
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Re: Business registration / change type of business ?

Post by Barang chgout » Wed Mar 28, 2018 4:11 pm

Sole proprietor is $160.

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bladerunner
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Re: Business registration / change type of business ?

Post by bladerunner » Wed Mar 28, 2018 4:18 pm

Yes I know but my question, to make it short.. can an existing sole proprietorship be changed to partnership?
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bolueeleh
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Re: Business registration / change type of business ?

Post by bolueeleh » Wed Mar 28, 2018 5:05 pm

bladerunner wrote:
Wed Mar 28, 2018 4:18 pm
Yes I know but my question, to make it short.. can an existing sole proprietorship be changed to partnership?
just change to limited company and add shareholder
Money is not the problem, the problem is no money
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