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Read more informationA land of abundant resources, at the heart of one of the world's most attractive destinations, this country is located in Southeast Asia. As at May 2018, the total population of Cambodia stands at approximately 15.76 million. The country's land area extends to approximately 181,000 square kilometers and borders Thailand (North West), Laos (North East), and Vietnam (East). The Country's climate relies heavily on monsoons and the maximum temperature is recorded at thirty-five degrees centigrade.
Attracting an enormous range of investors from around the globe, the economy of Cambodia follows an open market system and over the last decade, has witnessed rapid growth. The Cambodian Government offers investment incentives instrumental for foreign investors contributing long-term advancement opportunities across various sectors. The country’s management of public finances and free trade regime, also, can be described as flexible and transparent, serving as a useful channel for cross-border investment endeavors. After emerging from its grim past, Cambodia has managed to consolidate its astounding progress since adopting free-market economic policies in the 1990s. From 1998 to 2007, Cambodia’s 9.8% GDP growth ranked sixth in the world and fastest in the Far East after China. The country has an advantageous location between China and India, which has served as a flourishing privilege for investment over the recent years.
Cambodia’s ambitions for growth and development through the expansion of industry are finally beginning to be realized with an increase of business and economic activity. Investors seeking to build stable and longer-term commitments, through investment and incorporation of foreign services, are on the rise in this attractive business hub.
To learn more on starting your business in Cambodia, please submit an inquiry or call on our international offices. For residents based in UAE and GCC, we invite you to connect with our team of lawyers in UAE or other offices across GCC.
Continue reading more on Company Formation in the Cambodia, read different forms of legal entities investors can incorporate, understand audit requirements, minimum capital requirement, shareholder liability, minimum directors requirement, residency laws and other information by selecting the options under the Menu.