Cambodia Out Deadline Registration For Online Business Activities

The Ministry of Commerce of Cambodia has issued a notice to request individuals and enterprises operating in the e-commerce sector to apply for a business registration license before December 1, 200:00: 00/1: 31 domain Nam Ministry of Trade Cambodia said that although the authorities have issued a notice from May 2021, they require individuals and organizations to have a new license to trade e-commerce but have not yet submitted. Profile illustration. So, the Ministry of Commerce of Cambodia has set a deadline for applying for a license to operate in the e-commerce sector before December 1, 2021. This is a mandatory regulation applicable to all individuals and enterprises in Cambodia and abroad with e-commerce transactions in the Cambodia market. After the above time limit, the violating subjects will be penalized or forced to terminate the operation

. According to the Ministry of Trade and the Ministry of Economy - Finance and Finance, the e-commerce license fee is valid 2-year period, the fee for individuals is 50 USD, for enterprises ranging from 100 to 245 USD depending on the registration type. E-commerce activities without a license will be fined with the highest level of 2,450 USD. From the end of 2020, the Cambodian government has set a e-commerce strategy including development, integration and management policies In this area with the aim of supporting Cambodia's small and medium enterprises to participate in the e-commerce value chain to promote the country's digital economy development E-commerce transactions in Cambodia are estimated to be worth about 222 million USD in 2021./. Do - Tam Hieu / VOV-Phnom Penh

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