Cambodia rolls out online business registration to slash red tape

New system promises to cut time needed to start a company to just 8 days.

Cambodia has launched a new online business registration system that it says will reduce the time to start a company from three months to eight days.

Unveiled on Monday, the digital service — available at registrationservices.gov.kh — promises to improve the country’s bureaucracy, which regularly receives dismal ratings for inefficiency and corruption.

It will roll procedures handled by the finance, commerce, interior and labor ministries; the tax department; and the Council for the Development of Cambodia, into one online process.

In full: https://asia.nikkei.com/Business/Business-trends/Cambodia-rolls-out-online-business-registration-to-slash-red-tape

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