Logo of Phnom Penh Post newspaper Phnom Penh Post - Over 20,000 businesses featured on Single Portal

Over 20,000 businesses featured on Single Portal

Content image - Phnom Penh Post
The Single Portal can be accessed at registrationservices.gov.kh. Hong Menea

Over 20,000 businesses featured on Single Portal

A total of 20,574 companies, with cumulative “registered share capital” of $5.77 billion, were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of December 26 at 2pm, the Online Business Registration Service (“OBRS”) reported.

Additionally, as of December 26 at 2pm, 12,900 companies have made reservations to complete the registration process at a later date. Although no registration applications had been rejected as of December 26, two reservation requests have been declined.

The government launched the platform on June 15, 2020 to streamline the registration process for companies, as part of a package of sweeping reforms aimed at improving the business and investment environment in Cambodia to better compete internationally, especially during the Covid-19 crisis.

In its initial phase, just six ministries and state-run institutions were linked to the Single Portal: the finance, interior, commerce and labour ministries, and the General Department of Taxation (GDT) and Council for the Development of Cambodia (CDC).

On September 1, 2021, the government deployed Phase II of the platform integrating four new agencies – the Non-Bank Financial Services Authority’s (NBFSA) Real Estate Business and Pawnshop Regulator (REBPB), and the industry, tourism and telecoms ministries.

The OBRS, which is under the Ministry of Economy and Finance, reported that 38 per cent per cent of the companies on the Single Portal are women-owned as of December 26.

Broken down by business activities, “building construction” accounted for the lion’s share at $974 million or 17 per cent, followed by “real estate activities involving the use of one’s own, or leased properties” ($717 million; 12 per cent), “management consulting” ($296 million; five per cent), “manufacture of wearing apparel,except fur apparel” ($281 million; five per cent) and “specialised wholesale” ($261 million; five per cent).

Cambodia Chamber of Commerce (CCC) vice-president Lim Heng claims that Single Portal registrations have been buoyed by: updates to the legal requirements for enlistment; development of the associated IT infrastructure; and overall economic growth.

Heng remarked that enlisting can provide a slew of benefits for authorities and business owners. For example, he said, registration data can guide the government in drawing up policies to support and safeguard businesses from potential risks.

Registration can also improve transparency and efficiency in matters concerning market competition as well as inspire confidence among consumers, he said. “Inactivity and fraud would be reduced if all businesses were anchored in strict compliance with the law.”

More effective law enforcement will drive up volumes of domestic and foreign direct investment, he asserted.

Federation of Associations for Small and Medium Enterprise of Cambodia (FASMEC) president Te Taingpor contended that the steady rise in Single Portal registrations reflects a generally-increasing understanding among business owners of their legal and regulatory obligations, especially those who operate in the digital space.

“The number of listed companies will keep growing faster, which is a step forward in making competition more equitable,” he claimed, suggesting that registration would reduce fraudulent transactions.

For reference, as of December 26 an average of 22 companies have been successfully registered each day since the Single Portal’s inception. This figure rose to 29 in the period between November 28 at 2pm and December 26 at 2pm, when 818 businesses were listed.

The Single Portal can be accessed at registrationservices.gov.kh.


  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • After three deferrals, Capital Gains Tax to take effect Jan 1, 2024

    The General Department of Taxation (GDT) will implement the Capital Gains Tax starting January 1, 2024 to after being deferred three times as industrial players warn that the implementation might have some negative impact on the property market growth, which is down due to the economic downturn.