Thinking of expanding your business internationally? If you're in Cambodia navigating local regulations such as the Law on Commercial Enterprises or dealing with foreign exchange controls set by the National Bank of Cambodia, you might have already considered offshore options. The Cayman Islands, known for its business-friendly tax structure and robust legal framework, is a preferred jurisdiction for entrepreneurs and investors looking to optimize their international operations. For Cambodian business owners—whether you're in Phnom Penh’s thriving financial sector, running a dynamic export business in Sihanoukville, or part of the growing startup ecosystem—registering a company in the Cayman Islands can offer strategic benefits such as asset protection, tax neutrality, and access to global markets.
However, setting up an offshore company requires careful planning, as non-compliance with Cambodia’s Anti-Money Laundering (AML) laws or potential Controlled Foreign Corporation (CFC) rules could lead to unintended legal and tax consequences. This guide breaks down everything you need to know—from the legal requirements and necessary documents to the step-by-step registration process and key regulatory considerations. Whether you’re an established business owner or a new entrepreneur, understanding these aspects will help you ensure a smooth and compliant offshore company setup.
Can you register a company in the Cayman Islands from Cambodia?
Yes, individuals and business entities from Cambodia can register a company in the Cayman Islands. The incorporation process is open to applicants from any country, including Cambodia, and does not require physical presence. Both individuals and corporate entities can establish and operate a business entirely remotely through an efficient digital process. With platforms like Vepapu, entrepreneurs can ensure a smooth and legally compliant setup without encountering bureaucratic obstacles. The Cayman Islands host over 100,000 registered companies due to their favorable business environment, streamlined regulatory framework, and the absence of direct taxation.
There are no residency requirements for directors or shareholders, making it an attractive jurisdiction for international business. The process is designed to be straightforward and fully managed online, allowing Cambodian entrepreneurs to incorporate, maintain, and operate their Cayman Islands company without ever needing to visit the jurisdiction.
Common reasons for individuals and businesses from Cambodia to incorporate in the Cayman Islands
Asset Protection
Many Cambodian entrepreneurs and high-net-worth individuals choose the Cayman Islands for its strong legal framework that safeguards against asset seizure or political risks. By holding assets through an offshore entity, individuals can reduce exposure to potential lawsuits, government disputes, or economic uncertainties in Cambodia.
Inheritance Planning
For Cambodian families looking to secure their wealth for future generations, Cayman Island structures offer flexible succession planning options. Trusts and offshore companies allow for efficient estate distribution without the complexities or bureaucratic delays common in Cambodian inheritance laws.
Taxation Benefits
Cambodia's local tax regime can be burdensome for businesses seeking international expansion, making the Cayman Islands an attractive alternative. With no direct corporate taxes, capital gains taxes, or withholding taxes on offshore profits, Cambodian businesses can reinvest earnings more efficiently.
Holding All Assets and Properties
Many Cambodian investors use Cayman entities to hold real estate, stocks, and other assets in global markets without being subject to local restrictions or heavy taxation. Offshore holding companies provide a legally recognized structure to consolidate global investments under a single entity.
Privacy
The Cayman Islands' strict confidentiality laws protect company owners from public disclosure, a key advantage for Cambodian businesspeople who prefer discretion. Unlike in Cambodia, where business ownership details can be more accessible, Cayman's offshore entities are not required to publicly list shareholders or directors.
Ease in Operating Business
Incorporating in the Cayman Islands simplifies business administration for Cambodian entrepreneurs, as there are fewer bureaucratic hurdles compared to running a business in Cambodia. A Cayman entity allows for easy cross-border transactions, international trade, and global market expansion with minimal red tape.
Less and Streamlined Compliance Requirements
Businesses in Cambodia often face complex compliance requirements and frequent regulatory changes, while offshore entities in the Cayman Islands enjoy a more stable and predictable regulatory environment. With no annual tax filings or onshore reporting requirements for offshore companies, maintaining compliance is significantly easier.
Running a Restricted Business
Certain industries in Cambodia face heavy government scrutiny or limitations on foreign investments, making offshore incorporation a viable solution. A Cayman Islands entity allows Cambodian entrepreneurs to engage in international trade, e-commerce, or financial services with fewer regulatory barriers.
Foreign Exchange & Capital Controls
Cambodia has fewer foreign exchange controls than some neighboring countries, but transferring large sums internationally can still attract regulatory attention. Offshore companies in the Cayman Islands provide an efficient way for Cambodian businesses to manage international capital flows without unnecessary restrictions.
International Banking & Investment Flexibility
A Cayman Islands-incorporated entity gives Cambodian businesses easier access to top-tier international banks that might otherwise be hesitant to work with businesses registered in Cambodia. Offshore incorporation enhances credibility when opening multi-currency accounts, securing trade financing, and managing investments abroad.
Avoiding Local Political & Economic Instability
Cambodia’s political and economic landscape can be unpredictable, especially in periods of regulatory shifts or government-imposed restrictions. Cayman companies provide business owners with a safeguard by allowing them to operate in a stable and well-regulated offshore jurisdiction insulated from domestic risks.
Access to Global Investors & Venture Capital
Many international investors and venture capital firms prefer investing in businesses incorporated in reputable offshore jurisdictions like the Cayman Islands. Cambodian startups and expanding companies can attract more global funding by using Cayman-based holding structures that investors find familiar and legally secure.
Intellectual Property (IP) Holding & Licensing
Businesses in Cambodia that generate revenue from patents, trademarks, or digital assets can benefit from holding their intellectual property in a Cayman entity. This setup simplifies licensing agreements, reduces tax burdens on royalty income, and provides stronger international legal protections.
Reputation & Credibility in International Markets
A Cayman Islands incorporation offers Cambodian business owners a globally recognized and respected entity structure, which can enhance credibility with suppliers, partners, and financial institutions. Many multinational corporations prefer dealing with Cayman-registered companies due to their well-regulated and internationally trusted legal system.
Dual-Entity Structuring for Compliance & Optimization
Many Cambodian businesses seeking tax efficiency and international expansion adopt a dual-entity structure, where a local Cambodian company operates alongside a Cayman offshore entity. This setup allows businesses to optimize tax obligations, streamline operations, and maintain compliance with both Cambodian and international regulations.
What challenges could arise while incorporating a company in the Cayman Islands from Cambodia?
Understanding Offshore Compliance
Cambodian entrepreneurs looking to incorporate in the Cayman Islands must navigate varying offshore regulations. While the Cayman Islands offer a tax-neutral environment, compliance with international financial reporting standards is essential. Cambodian business owners must ensure their company structure adheres to anti-money laundering (AML) and Know Your Customer (KYC) regulations to avoid potential delays or legal complications.
Banking Limitations
Opening a business bank account for a Cayman-registered company can be a complex process, particularly for Cambodian entrepreneurs. Banks may require extensive documentation, including proof of business activities, source of funds, and director identities, to ensure compliance with international financial regulations. Additionally, some industries face greater scrutiny, and individuals from certain nationalities may experience heightened due diligence, potentially leading to prolonged approval times or outright rejections.
Regulatory Changes
Both Cambodian and international regulatory environments can significantly impact a Cayman-registered business. Cambodia’s evolving foreign exchange controls and reporting obligations may affect how business owners move funds offshore. Meanwhile, global initiatives like the OECD’s Base Erosion and Profit Shifting (BEPS) framework and economic substance requirements may impose additional reporting or operational criteria on Cayman entities, requiring businesses to stay updated on compliance changes.
Ongoing Maintenance Costs
While incorporating in the Cayman Islands is relatively straightforward, maintaining compliance involves ongoing costs. Business owners from Cambodia must account for annual government filing fees, registered agent services, and potential legal or auditing expenses. However, with modern digital services like Vepapu, these requirements can be handled seamlessly online, ensuring compliance without unnecessary complexity or time investment.
Limited Local Operations
A Cayman company is well-suited for asset holding, licensing, or international trade, but it may not be ideal for businesses requiring a physical presence in the Cayman Islands. Since the jurisdiction primarily serves offshore entities, those looking to establish local offices or hire employees within the Cayman Islands may face restrictions. Cambodian entrepreneurs seeking an operation base with direct market access may need to consider alternative jurisdictions that align better with their business model.
Different types of companies that can be registered in the Cayman Islands from Cambodia
Exempted Company
An Exempted Company is the most popular choice for Cambodian entrepreneurs seeking offshore advantages in the Cayman Islands. This structure offers complete foreign ownership, tax exemptions, and confidentiality, making it ideal for international trade, investment holdings, or asset protection. Unlike local companies, an Exempted Company does not have to disclose shareholder details to the public, ensuring a higher level of privacy.
Limited Liability Company (LLC)
A Cayman Islands Limited Liability Company (LLC) combines the flexibility of a partnership with the benefits of corporate liability protection. Cambodian business owners can utilize an LLC for private investment funds, joint ventures, or asset management without the burden of corporate taxation. Unlike an Exempted Company, an LLC does not issue shares, making it a suitable option for those requiring operational flexibility while maintaining limited liability.
Foundation Company
A Foundation Company is a unique corporate structure blending elements of both a traditional company and a trust. It is often used for philanthropic purposes, wealth management, or estate planning by Cambodian investors looking to safeguard assets across generations. Unlike trusts, a Foundation Company has a corporate personality, meaning it can enter contracts and own property while still functioning similarly to a private trust.
Limited Partnership (LP)
A Limited Partnership (LP) in the Cayman Islands is commonly used for private equity, investment funds, or venture capital projects. This structure consists of general partners, who manage operations, and limited partners, who contribute capital without taking on liability beyond their investment. Cambodian investors looking for flexible investment structures without extensive regulatory restrictions often prefer LPs for fund-raising and asset management purposes.
Special Economic Zone (SEZ) Company
A Special Economic Zone (SEZ) Company benefits from operating within designated zones that offer tax incentives, minimal reporting requirements, and attractive business policies. This type of company is ideal for Cambodian enterprises looking to establish international trade hubs, financial services, or technology firms with a favorable regulatory environment. SEZ Companies enhance business efficiency by providing a cost-effective base for global operations while enjoying Cayman’s pro-business policies.
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Requirements to start a company in the Cayman Islands from Cambodia
Members
For an Exempted Company in the Cayman Islands, at least one director and one shareholder are required. These can be individuals or corporate entities, and there are no residency requirements, meaning Cambodian business owners can fully manage the company from abroad. In the case of a Limited Liability Company (LLC), the business must have at least one member, but there are no restrictions on nationality or residency, making it an attractive option for Cambodian investors seeking offshore opportunities.
Registered Office and Registered Agent
Every Cayman Islands company must have a registered office within the jurisdiction, provided by a licensed service provider. A registered agent is also required to handle official government correspondence and ensure compliance with local regulations. Cambodian entrepreneurs must engage a local corporate service provider to fulfill this requirement, as they cannot maintain a physical office themselves without special licensing.
Company Name Approval
Before incorporation, the chosen company name must be approved by the Cayman Islands Registrar of Companies to ensure it complies with naming regulations and is not already in use. The name cannot include restricted terms such as "bank," "trust," or "insurance" without additional licensing. Cambodian business owners should work with their registered agent to check the name's availability and comply with naming guidelines.
Minimum Share Capital
For an Exempted Company, there is no mandatory minimum share capital requirement, but it is common to issue shares valued at USD 50,000 or less to minimize government fees. An LLC does not issue shares but instead operates under an ownership structure based on membership interests. Cambodian investors can determine the most suitable capital structure based on their business needs and cost considerations.
Incorporation Paperwork
To register an Exempted Company, Cambodian investors must submit a Memorandum and Articles of Association (MAA), outlining the company’s structure and operational rules. For an LLC, a Registration Statement is filed instead, detailing the business’s key particulars. These documents must be prepared in accordance with Cayman Islands regulations, and engaging a professional registered agent for drafting is highly advisable.
Due Diligence
All directors, shareholders, and key personnel of the company must undergo stringent due diligence checks as part of the Cayman Islands’ anti-money laundering (AML) and Know Your Customer (KYC) requirements. This process involves submitting notarized copies of passports, proof of address, and professional references. Additionally, details about the nature of the business, expected transactions, and source of funds must be disclosed to ensure compliance with international regulatory standards, making transparency essential for Cambodian entrepreneurs seeking offshore incorporation.
For Individuals:
The following documents are required for every individual member (directors, shareholders, and ultimate beneficial owners)
A certified true copy (scanned version) of a bank statement or utility bill (e.g., electricity, gas, water, internet, cable, waste management, and sewage).
Copies of the last two tax returns, a letter of employment, a letter from an accountant certifying your annual income, or financial statements or bank statements from the last 2 years.
A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.
A detailed description of your business activities (products and services, sectors, major operating countries), and business model.
For Corporations:
The following documents are required for every corporate member (corporate directors, corporate shareholders, and ultimate beneficial owners)
Certificate of Incorporation
Memorandum and Articles of Association / Constitution
Register of Director
Register of Shareholder / UBO
Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).
How to Register a Company in the Cayman Islands from Cambodia?
Step 1: Decide on the Structure
Single Entity Structure
A standalone Cayman Islands company is widely used for international trade, asset protection, or structuring global investments. This type of setup is ideal for Cambodian entrepreneurs looking for privacy, tax benefits, and regulatory flexibility while running an offshore entity.
Double Entity Structure
A Cayman holding company controlling an operational entity in Cambodia is a popular structure for businesses expanding internationally. It allows for optimized tax planning, easier foreign investment management, and a stronger corporate framework to facilitate international transactions.
Multiple Entity Structure
For larger enterprises with investments in various jurisdictions, a Cayman holding company overseeing multiple subsidiaries is an efficient option. This structure is frequently adopted for investment funds, real estate assets, or multinational business operations, ensuring smooth global management while benefiting from a Cayman Islands regulatory environment.
Step 2: Paperwork and Company Incorporation
Choosing a unique company name and reserving it with the Cayman Islands Registry is the first step. The name must comply with Cayman regulations, and once approved, it remains reserved during the incorporation process.
For an Exempted Company, essential corporate documents such as the Memorandum and Articles of Association (M&A) must be prepared and submitted for approval. If forming a Limited Liability Company (LLC), a Registration Statement is required instead. Throughout this process, liaising with the registry is important to handle any clarifications and ensure timely approval.
Step 3: Opening a Bank Account
Opening a corporate bank account for a Cayman Islands company is not a legal necessity. However, if an account is needed, you have the flexibility to open it either in the Cayman Islands or any other global banking jurisdiction, including Cambodia. The requirements depend on the bank, which may ask for an initial deposit, minimum balance, or even a physical presence.
Some Cambodian business owners prefer maintaining domestic banking relationships while using their Cayman company for global transactions. Many international banks in financial hubs such as Hong Kong, Singapore, Switzerland, and the UAE welcome Cayman-registered entities, offering specialized financial solutions tailored to offshore businesses.
Another alternative is to open an account with a digital banking platform. Digital banks and fintech-driven financial solutions offer remote account setup, multi-currency transaction capabilities, and ease of international fund transfers without requiring physical presence.
Step 4: Apply for Licenses (if required)
Certain businesses operating under a Cayman Islands company may require additional regulatory licenses depending on the nature of activities.
A Financial Services License is necessary for companies involved in investment funds, asset management, or other financial operations. This ensures compliance with Cayman’s regulatory framework within the financial industry.
For businesses engaged in cryptocurrency, blockchain, or related services, obtaining a Virtual Asset Service Provider (VASP) License is essential. This is a legal requirement for operating digital asset exchanges or wallets under Cayman Islands jurisdiction.
Companies involved in insurance or reinsurance must apply for an Insurance & Reinsurance License. This license enables businesses to operate within the international insurance market under the Cayman Islands’ well-regarded regulatory standards.
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Certificate of Incorporation provided by the Registry in the Cayman Islands approving your company's incorporation
What are the Annual Compliance Requirements in the Cayman Islands?
Filing an Annual Return
Every Cayman Islands exempted company must file an annual return with the Registrar of Companies. This return, typically a simple declaration confirming the company’s continued existence, must be submitted by January 31 each year. Unlike other jurisdictions, there is no requirement to disclose shareholder or financial details publicly, making the Cayman Islands an attractive option for confidentiality-focused businesses.
Payment of Annual Government Fees
To maintain good standing, a Cayman Islands company must pay an annual government fee, the amount of which depends on the company's authorized share capital. Payment is due by January 31, and failure to meet this deadline may result in penalties or even potential strike-off from the Companies Register. Ensuring timely payment is crucial to avoid unnecessary administrative burdens and reinstatement costs.
Maintaining a Registered Office and Registered Agent
All Cayman Islands companies must have a registered office and appoint a licensed registered agent within the jurisdiction. The registered office serves as the official address for legal notices, while the registered agent ensures compliance with local regulatory obligations. Keeping these details up to date is essential because failure to maintain a registered office and agent can lead to regulatory fines and eventual dissolution.
Economic Substance Compliance (If Applicable)
Companies engaged in certain "relevant activities," such as banking, fund management, or insurance, must comply with Economic Substance (ES) requirements. This includes filing an annual Economic Substance report demonstrating adequate local presence, including physical office space, staff, and operational expenditures. Non-compliance could result in escalating fines, regulatory scrutiny, and ultimately, the possibility of the company being struck off the register.
Registers Maintenance and Record Keeping
Companies in the Cayman Islands are required to maintain specific statutory registers, including a register of directors and officers, which must be filed with the Registrar. While shareholder details remain private, updated and accurate internal records of beneficial ownership must be kept and made available upon request by relevant authorities. Proper bookkeeping is essential, as records should be stored for at least five years to comply with regulatory standards.
Industry-Specific Compliance for Regulated Entities
Entities operating in regulated sectors such as financial services, fund management, or insurance must meet additional compliance requirements imposed by the Cayman Islands Monetary Authority (CIMA). These obligations may include submitting audited financial statements, conducting regular regulatory filings, and adhering to anti-money laundering (AML) and know-your-customer (KYC) protocols. Compliance is closely monitored, and failure to meet industry regulations can result in hefty fines or license revocation.
Non-Compliance Implications
Failure to meet annual compliance obligations can expose a company to escalating penalties, administrative delays, and even involuntary strike-off from the Companies Register. Struck-off companies lose their legal standing, making it impossible to conduct business or access bank accounts until reinstatement, which involves additional costs and regulatory scrutiny. Persistent non-compliance could also attract regulatory inquiries, impacting future business credibility.
Annual Filings, Renewals, and Reporting Requirements for the Cayman Islands Company
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Other Considerations in Forming a Company in the Cayman Islands from Cambodia?
Double Taxation Agreement (DTA)
Cambodia does not have a double taxation agreement with the Cayman Islands, meaning income earned through a Cayman Islands entity could be subject to taxation in Cambodia depending on the structure and operations of the business. Cambodian tax authorities may scrutinize offshore earnings to determine if they derive from local economic activities, potentially triggering additional tax obligations at home.
Permanent Establishment (PE)
If a Cambodian entrepreneur operates a Cayman Islands company while maintaining significant business operations in Cambodia, Cambodian tax authorities may determine that the company has a permanent establishment in the country. This could subject the company’s foreign profits to Cambodian corporate tax, particularly if core management decisions, client interactions, or contract executions take place within Cambodian borders.
Controlled Foreign Corporation (CFC) Rules
Cambodia does not currently have explicit CFC rules, but tax authorities increasingly monitor offshore structures to prevent tax avoidance. If future regulations are introduced, Cambodian residents who own Cayman entities may be required to declare offshore profits and could be taxed on undistributed retained earnings if the company is deemed to be controlled and managed from Cambodia.
Economic Substance (ES) in the Cayman Islands
Cayman Islands companies conducting certain types of business, such as fund management or intellectual property activities, must comply with economic substance requirements by maintaining physical operations, staff, and core income-generating functions within the jurisdiction. Cambodian entrepreneurs operating such businesses may need to demonstrate real Cayman-based management or risk penalties, including potential exchange of information with international tax authorities.
Transfer Pricing
Cambodian businesses involved in transactions between a Cayman Islands company and a local entity must adhere to Cambodia’s transfer pricing regulations, ensuring that pricing follows the arm’s length principle. If the Cambodian tax authorities determine that profits are artificially shifted offshore through non-market pricing, they may adjust taxable income and impose additional tax liabilities or penalties.
Visa and Residence
The Cayman Islands does not grant automatic residency to company owners, meaning Cambodian entrepreneurs planning to relocate or spend extended time there must apply for appropriate visas under investment or special residency programs. Meanwhile, maintaining tax residency in Cambodia while owning an offshore entity may influence personal tax obligations, especially if physical presence in Cambodia surpasses legal thresholds for residency taxation.
How Vepapu Can Assist You in Opening Your Company in the Cayman Islands from Cambodia?
Vepapu simplifies the process of setting up a Cayman Islands company for Cambodian entrepreneurs by handling the entire incorporation remotely. From securing name approval to obtaining the Certificate of Incorporation, everything is done online—eliminating the need for travel. Vepapu also provides expert guidance on selecting the right banking solutions, whether in the Cayman Islands, Cambodia, or top financial hubs worldwide. Their support covers document preparation, submission, and follow-ups, ensuring a smooth account opening. Additionally, they help Cambodian business owners maintain compliance with Cayman Islands regulations by managing annual return filings and Economic Substance (ES) requirements if applicable. With Vepapu’s streamlined process, you can confidently launch your offshore company while focusing on growing your business.
Frequently Asked Questions while forming a company in the Cayman Islands from Cambodia
Can I form a company in the Cayman Islands from Cambodia?
Yes, Cambodian residents and businesses can form a company in the Cayman Islands without needing to be physically present. The incorporation process is straightforward and can be completed remotely through a registered Cayman Islands corporate service provider. The Cayman Islands offers various structures, including the widely preferred Exempted Company, which is ideal for offshore activities without local taxation.
Does Cambodia have any tax treaties or agreements, such as DTA (double taxation agreements), with the Cayman Islands?
No, Cambodia does not have a double taxation agreement (DTA) or any specific tax treaties with the Cayman Islands. This means that income earned through a Cayman Islands company is not automatically exempt from Cambodian taxation. Cambodian residents are generally liable for taxation on their worldwide income, so it is essential to consider local tax implications when operating an offshore company.
Does the Cayman Islands share any details with the Cambodia government and authorities?
The Cayman Islands does not have an automatic information exchange agreement with Cambodia. However, as part of international compliance regulations, the Cayman Islands adheres to global reporting standards such as the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). If required under a legal request or treaty, financial institutions in the Cayman Islands may provide information to relevant foreign authorities, but Cambodia is not a signatory to CRS at this time.
Does Cambodia recognise the company documents issued by the Cayman Islands?
Yes, Cambodia generally recognises company documents issued by the Cayman Islands if they are properly authenticated. Since Cambodia is not a member of the Hague Apostille Convention, Cayman Islands documents must go through a notarization and legalization process rather than a simple apostille. This typically involves notarization in the Cayman Islands, authentication by its relevant authorities, and legalization at the Cambodian Embassy in a neighboring country if required.
Do I need any approvals from the Cambodia government to incorporate a company in the Cayman Islands?
No specific approval is required from the Cambodian government to incorporate a company in the Cayman Islands. Cambodian laws do not prevent individuals or businesses from setting up offshore entities. However, if the Cayman Islands company will engage in business activities involving Cambodia, compliance with local Cambodian regulations may be necessary.
Can I open a bank account for my Cayman Islands company in Cambodia?
Yes, a Cayman Islands company can open a bank account in Cambodia if the chosen bank is willing to accept offshore entities. The Cayman Islands itself does not impose restrictions on opening a bank account in Cambodia. If you have an existing banking relationship or find it easier to open a business account in Cambodia, you can explore this option. However, Cambodian banks may require additional due diligence, including documentation on the company’s beneficial ownership and activities.
Can I operate my Cayman Islands company from Cambodia?
Yes, you can manage and operate your Cayman Islands company while residing in Cambodia. There are no restrictions preventing you from running an offshore company from Cambodia. However, if you generate income in Cambodia through the company, local tax obligations and business licensing requirements may apply. It is advisable to maintain detailed records to demonstrate that the company’s primary business activities occur outside Cambodia.
Are Cayman Islands companies blacklisted or restricted in Cambodia?
No, Cambodia has not blacklisted the Cayman Islands, and there are no public restrictions against doing business with Cayman Islands entities. However, since the Cayman Islands is sometimes considered a tax haven, Cambodian authorities may apply enhanced scrutiny on Cayman-based companies during financial transactions or regulatory reviews. It is essential to comply with all financial disclosure and reporting requirements when dealing with Cambodian institutions.
Can a Cayman Islands company hold property or real estate in Cambodia?
Foreign companies, including those incorporated in the Cayman Islands, generally cannot own land in Cambodia due to local property ownership laws. Cambodia restricts land ownership to Cambodian individuals and companies with at least 51% local ownership. However, a Cayman Islands company may still hold property through a locally registered Cambodian entity or acquire it through long-term leases or strata-title arrangements.
Can I hire employees in Cambodia through my Cayman Islands company?
Yes, a Cayman Islands company can hire employees in Cambodia, but it will need to comply with Cambodian labor laws. If the company is formally operating in Cambodia, it may need to register as a foreign employer with the local authorities and follow payroll obligations, including social security and tax contributions. For remote employees, proper contracts aligning with Cambodian employment regulations are recommended to ensure legal compliance.
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