Dmitri Mihhailov
Managing Partner
Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Register a company in Cambodia, the dollar economy of the Mekong.
Set up a Cambodian Private Limited remotely - 100% foreign ownership in nearly every sector, registration through a single online portal in days, QIP tax holidays up to nine years, and an economy that genuinely runs on US dollars. Read the print with us: land stays Khmer-owned, the 1% minimum tax punishes weak books, and we keep yours strong.A Cambodian Private Limited remotely: 100% foreign ownership nearly everywhere, CamDX registration in days, QIP holidays to nine years - in an economy that runs on actual US dollars. The print: land stays Khmer, the 1% minimum tax watches weak books.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Cambodia · at a glance
Legal formPrivate Limited Co.
Time to set up1-3 weeks
Tax on income20% · QIP holidays
Foreign ownership100% - nearly all
Currency realityUSD - de facto
Remote setupYes - via CamDX
4.7
★★★★★
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Cambodia in brief
Southeast Asia's easiest door, paid in dollars.
Cambodia offers the region's most open entry: 100% foreign ownership in nearly every sector with no local partner, a single shareholder and director suffice, and the CamDX online portal registers companies in days rather than the region's customary months. The economy is dollarized in practice - most deposits, contracts and salaries run in actual US dollars alongside the riel - which removes the currency chapter most frontier markets force you to write. Garments, footwear and travel goods drive exports, China-plus-one factories keep arriving, Angkor anchors tourism, and the 2021 Investment Law's QIP status hands qualifying projects tax holidays of three to nine years through the CDC - the licence our Cambodia investment page files.
Now the fine mechanics. The standard tax on income is 20%, but the quirk that matters is the minimum tax: 1% of turnover applies unless your accounting is properly maintained and audited - the state's blunt incentive for real books, and the reason our accounting service is not optional decoration. Land cannot be owned by foreigners: structures run on long registered leases, strata title for condominium floors, or majority-Khmer landholding companies - and, as in Bali, nominee shortcuts create the very risk they pretend to solve. Banking is broad and improving (ABA, ACLEDA, Canadia), the EBA trade preference was partially withdrawn in 2020, and bureaucracy rewards local hands. Ours are.
The region's openest door: one foreign shareholder suffices, no local partner, online registry in days. Garments and China-plus-one factories drive exports, Angkor anchors tourism, and the CDC hands qualifying projects 3-9-year holidays.
20% standard with the 1% turnover minimum unless books are proper (our accounting is the discount); land is constitutionally Khmer - leases, strata and real structures only, nominees refused; EBA was trimmed in 2020; ABA-class banking is better than the reputation.
Packages & pricing
Cambodian company - cost & packages.
01 - PRIVATE LIMITED COMPANY
Company
from$2,200USD · all-in
Remote registration of a Cambodian Private Limited - CamDX incorporation, tax and patent registration, and the first year of the registered address included.
✓CamDX online incorporation✓Ministry of Commerce registration✓Tax (GDT) & patent-tax registration✓Registered address in Phnom Penh - first year✓VAT registration where required✓Free pre-incorporation consultation
Optional add-ons: QIP application via CDC - scoped per case · work permits - from $500 · accounting - from $180/month · renewal - from $1,600/year.Add-ons: QIP per case · permits from $500 · accounting from $180/month · renewal from $1,600/year.
Start with Company →02 - PRIVATE LIMITED COMPANY
Most popularCompany + Bank Account
from$3,700USD · all-in
A working company with a Cambodian bank account - USD-first balances, cards and mobile banking with the market's strongest banks.
✓Everything in Company✓Account with ABA, ACLEDA or Canadia✓Account application & KYC file preparation✓Introduction to 2-3 suitable banks✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Starting prices, fixed before filing. Ministry, tax-registration and licence fees are itemised.Entry figures, confirmed up front. Ministry and tax fees itemised in your quote.
What you can do
Popular uses for a Cambodian company.
Nearly every sector opens at 100% foreign ownership; QIP status adds holidays for qualifying projects. The licence our investment page files.Nearly all sectors at 100%; QIP adds holidays via the CDC. Our investment page files it.
Manufacturing & QIPlicensed
Garments, footwear, travel goods and the China-plus-one wave. With CDC holidays attached.
Tourism & hospitality
Angkor's economy plus the coast. Hotels, operators and F&B at frontier margins.
Agri-processing
Rice, cashew, pepper and rubber moving up the value chain with export incentives.
Real estate & construction
Development and strata projects. Structured legally around the land rules.
Trade & services
Distribution and services in a young, dollarized consumer market.
Digital & fintechlicensed
The Bakong-era payment landscape and a leapfrogging digital economy.
Manufacturing & QIPlicensed
Holidays attached.
Tourism & hospitality
Angkor's economy.
Agri-processing
Up the value chain.
Real estate & construction
Structured legally.
Trade & services
A dollarized market.
Digital & fintechlicensed
The Bakong era.
Why Cambodia
Key advantages of the jurisdiction.
✓
100% ownership, truly
Nearly every sector, no local partner, one shareholder suffices. The region's openest door.The openest door.
✓
The dollar economy
USD circulates as the working currency. No conversion chapter in your plan.No conversion chapter.
✓
QIP holidays
Three to nine years of income-tax holiday for qualifying projects via the CDC.3-9 years at zero.
✓
Days at the registry
CamDX registers online while neighbours still queue at ministries.CamDX delivers.
✓
Young and growing
A median age near 27 and growth compounding from a low base.Median age ~27.
✓
ASEAN inside
The bloc's trade agreements and supply-chain position, at entry prices.At entry prices.
How it compares
Cambodia next to the Mekong shortlist.
Vietnam industrialised further up the chain with licensing friction; Thailand caps foreign majorities; Bangladesh rivals the garment floor; Laos stays smaller. Cambodia sells openness plus dollars. Figures current as of 2026.Vietnam: the ladder, with friction. Thailand: caps. Bangladesh: the RMG rival. Laos: quieter. Cambodia: openness + dollars. As of 2026.
| Country | Corporate tax | Ownership | Signature edge |
|---|---|---|---|
| Cambodia | 20% · QIP holidays | 100% nearly all | Openness + USD economy |
| Vietnam | 20% | 100% licensed | The electronics ladder |
| Thailand | 20% | 49% cap most | Infrastructure + scale |
| Bangladesh | 27.5% · RMG 12% | 100% most | The RMG crown |
| Laos | 20% | 100% most | The quieter neighbour |
CambodiaOpen + USD
Ownership100% nearly all
Tax20% / QIP
VietnamLadder
Ownership100% licensed
Tax20%
Thailand49% cap
Ownership49% most
Tax20%
BangladeshRMG
Ownership100% most
Tax27.5% / 12%
LaosQuiet
Ownership100% most
Tax20%
Requirements
What Cambodian law actually demands.
01
One shareholder - Individual or company, any nationality. The single-member Private Limited is standard.
02
One director - Any nationality or residency; work permits follow for those managing on the ground.
03
Capital - Modest statutory minimum (KHR 4M ≈ $1,000). Practical amounts follow banking and QIP plans.
04
Registered address - A Cambodian seat - included; zoning checked for licensed activities.
05
The land rule - Foreigners cannot own land. Leases, strata title and lawful structures instead; nominee shortcuts refused.
06
Books & filings - Monthly tax declarations and proper accounting. The shield against the 1% minimum tax, carried by us.
How it works
From application to a live company in weeks.
Everything runs through CamDX and the GDT - with the accounting rhythm set from day one, because the minimum tax watches.CamDX in days, GDT registration, USD banking, QIP and permits on their own tracks - books running from the first invoice.
01Same day
Free consultation
Sector, QIP potential and the land question. Answered before filings.
022-4 days
KYC & documents
Passports, proof of address; articles prepared for CamDX.
033-7 days
CamDX incorporation
The Ministry of Commerce registers the company online.
041-2 weeks
Tax registration
GDT registration, patent tax and VAT where required.
051-2 weeks
Banking
USD-first accounts with the market's strongest banks.
064-8 weeks
QIP & permits
CDC applications and work permits. Their own calendared tracks.
Quick facts
Legal formPrivate Limited
Shareholders1+ - any nationality
Tax on income20% · QIP holidays
Minimum tax1% - books beat it
Standard timeline1-3 weeks
VAT10%
Renewal & accountingFrom $1,600/year
The 1% minimum tax on turnover disappears for companies with proper audited books - our monthly accounting is the discount, not an expense.
On the ground
On the ground in Cambodia.
Prifinance - Cambodia
Phnom Penh
Phnom Penh, Cambodia
01
Mekong-desk specialists
Your setup is run with Phnom Penh counsel who file CamDX and CDC work every week.
02
GDT discipline
Monthly declarations and proper books. The shield against the minimum tax, maintained.
03
QIP applications
CDC holiday files for qualifying projects. Run alongside the company.
04
Also in Tallinn, London, Dubai & more
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
We also have offices in
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Twenty standard, zero on holiday, one percent for the careless.
The tax on income is 20%, with QIP projects enjoying holidays of three to nine years (or accelerated depreciation) via the CDC. The system's defining quirk is the minimum tax - 1% of annual turnover - which applies unless accounting records are properly maintained and audited: Cambodia's blunt reward for real books. Dividends to non-residents carry 14% withholding; VAT runs at 10%.20% standard, QIP holidays 3-9 years, 1% turnover minimum waived by proper books, dividends 14%, VAT 10%.
Tax on income - 20%
The standard rate across sectors. With the QIP escape hatch for qualifying projects.With the QIP hatch.
QIP - holidays
Three to nine years at zero, or special depreciation. The CDC decides on the file.The CDC decides.
Minimum tax - 1%
Of turnover, waived for proper audited books. The accountant pays for himself.Books beat it.
Dividends - 14%
To non-residents. The exit line planned into distributions.The planned exit.
Levies in 2026
Tax on income20%
QIP projects3-9 yr holidays
Minimum tax1% - books waive it
Dividends (non-res.)14%
VAT10%
Renewal & accountingFrom $1,600/year
Owners remain responsible for tax where they live - and the dollarized economy makes the treasury chapter unusually short.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
International Business Consultant
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Alex Danila
Corporate Services Specialist
Handles incorporation paperwork, KYC and bank introductions so your Cambodian company launches without delays.
Follow Prifinance
Active across our channels.
Watch: opening a company in Cambodia with Prifinance
The Mekong's openest door - company, QIP, bank and real books in one project. Full support, start to finish.
Talk to a specialist →FAQ
Cambodia in working order.
Can I open a Cambodian company without visiting?+
Yes - CamDX incorporation, tax registration and much of banking run remotely by power of attorney; banks like one meeting for full facilities, and QIP projects naturally bring you over. We sequence filings around your travel.
How much does it cost?+
Turnkey registration starts from $2,200 including CamDX, tax and patent registration and the first-year address; with banking from $3,700. QIP applications are scoped per project. Renewals with the accounting that matters run from $1,600 a year.
Can foreigners really own 100%?+
Yes - in nearly every sector, with a single foreign shareholder and director sufficient, and no local partner anywhere in the structure. The exception is land itself, which stays Khmer-owned by constitution - the one rule every workable Cambodia plan is built around.
What taxes will the company pay?+
20% on income - or nothing for three to nine years under a QIP holiday. The quirk to respect is the minimum tax: 1% of turnover unless your books are properly maintained and audited, which is exactly why our accounting service exists. Dividends out carry 14%, VAT is 10%. We model your sector's numbers first.
How does the QIP work?+
Qualified Investment Project status via the Council for the Development of Cambodia: qualifying sectors and investment sizes receive income-tax holidays of three to nine years (or accelerated depreciation), customs exemptions on production inputs, and guarantees under the 2021 Investment Law. It is the country's real incentive engine - our Cambodia investment-licence page files it.
What about the land rule?+
Foreigners cannot own Cambodian land - full stop, constitutional. Legal answers exist: registered long leases (fifty years, renewable), strata title for above-ground-floor condominium units, and majority-Khmer landholding structures done with real governance. The nominee shortcut - a Khmer name holding land for a foreigner - creates the risk it pretends to solve, and we decline it, as we do in Bali.
Is the economy really dollarized?+
In practice, yes: the great majority of deposits, prices and contracts run in US dollars, with the riel alongside for small transactions and a central bank nudging gradual de-dollarization. For planning purposes you operate in dollars - the currency chapter most frontier markets force on you simply isn't here.
How is banking?+
Broader and better than the market's reputation: ABA (National Bank of Canada group) and ACLEDA lead with genuinely good apps, USD-first accounts and fast onboarding; Canadia and internationals follow. KYC is standard; the CamDX extract and clean file open doors in days.
Cambodia or Vietnam?+
Vietnam offers the deeper industrial ladder - electronics, FDI plumbing, ports - at the price of licensing friction and currency controls. Cambodia offers the openest ownership rules in the region, dollar treasury and QIP holidays, at frontier-market depth. Component manufacturing leans Vietnam; garments, agri, hospitality and first-entry trade lean here. The product line usually answers within a sentence.
How long does it take?+
CamDX registers in days; plan one to three weeks end to end with tax registration, and one to two more for banking. QIP decisions run four to eight weeks on their own track. The accounting rhythm starts with the first invoice - the minimum tax makes punctuality profitable.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Google
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Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
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Tell us about the business, and a specialist replies within one business day: Private Limited, a QIP track or a different flag, with a timeline and a fixed quote.A Cambodia specialist will reply within one business day with a recommendation, a timeline and a fixed quote.
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