business
Updated 2026-10-17 5 min
In short
- ●The Council for the Development of Cambodia (CDC) and EuroCham presented 3 reform proposals at the fourth Public-Private Sector Breakfast Briefing, according to Cambodia Investment Review (October 14, 2026).
- ●The meeting took place at the Steigenberger Hotel in Phnom Penh. The measures target the full range of investment procedures in the country, including in Siem Reap.
- ●For expat entrepreneurs, the goal is to stop submitting the same documents, the same photo and the same information to multiple ministries.
- ●These are recommendations, not yet rules. Participants discussed which ones could be put into effect before the end of 2026.
The Facts at a Glance
- 3 proposed reforms. Shared electronic company documents, standardized photo requirements and consistent activity codes.
- 4th Public-Private Sector Breakfast Briefing. It was jointly organized by the CDC and the European Chamber of Commerce in Cambodia (EuroCham).
- Steigenberger Hotel, Phnom Penh. The session took stock of a joint initiative to ease regulatory burdens.
- Fewer repeated document requests since June. This has been observed since a baseline assessment carried out in June, but no figures were released on the size of the drop, or on processing times and costs.
- Target deadline: end of 2026. Participants discussed which proposals could be applied by then. For now, they remain recommendations.
How It Unfolded
The initiative follows the investor's entire journey: investment approval, company incorporation, licensing, and then the start of operations.
- Third Public-Private Sector Dialogue: launch of the joint initiative between the CDC, the relevant ministries and EuroCham. It looks for the points where businesses have to provide the same information twice.
- June: baseline assessment to measure repeated document requests.
- Since June: according to EuroCham, repeated requests have declined. No figures were provided.
- October 2026: fourth Public-Private Sector Breakfast Briefing at the Steigenberger Hotel in Phnom Penh. The three proposals were presented and discussed there.
- October 14, 2026: Cambodia Investment Review published its report on the meeting.
- Next step: participants are looking at how to secure buy-in from the institutions and turn the recommendations into concrete measures.
- Before the end of 2026: the deadline under discussion for reforms that can be delivered quickly. This also concerns the institutions able to move data sharing forward.
Breakdown
The proposals address three friction points and one general principle of information sharing between government bodies.
| Segment | Figure | Details |
|---|---|---|
| Company documents | 1 electronic version | A single digital copy of key documents would be accepted by the relevant ministries. |
| ID photo | 1 collection | Standardized requirements. Ideally, a digital photo would be collected once and shared between institutions. |
| Activity codes | 1 public list | An activity accepted at registration would remain recognized at the licensing and approval stages. |
| "Once-only" principle | 1 platform: CamDX | Ministries would share verified information, to avoid asking again for the same supporting documents. |
| Journey covered | 4 stages | Investment approval, incorporation, licensing, start of operations. |
At the summit, speakers included European Union Ambassador H.E. Igor Driesmans, EuroCham Cambodia President Tassilo Brinzer, and Deputy Prime Minister H.E. Sun Chanthol, First Vice-Chairman of the CDC.
What This Means in Practice for Siem Reap
- Fewer paperwork repeats. If company documents are accepted as a single electronic version, the back-and-forth between offices could shrink.
- One photo to prepare, once. Standardized photo requirements would spare you from redoing portraits for each agency.
- An activity recognized from start to finish. With a single list of codes, the activity declared at registration would be recognized at later stages.
- Possibly more predictable procedures. The stated aim is faster, more predictable approvals, with shorter timelines and lower administrative costs for entrepreneurs.
- A timeline that is still open. These are recommendations. Current procedures apply until an official decision is published.
How to Stay Out of Trouble
- Step 1: Keep following the procedures currently in force. The three proposals are not yet in effect.
- Step 2: Keep a digital copy of every company document. A well-organized file makes the process easier, whether or not electronic documents are adopted.
- Step 3: Keep a recent ID photo as a digital file, in addition to the printed copies required today.
- Step 4: Describe your activity the same way on all your forms. Consistent wording prevents discrepancies between registration and licensing.
- Step 5: Note what each ministry has already asked you for, and when. This log helps you spot duplicate requests.
- Step 6: Rely on a local adviser or a reputable firm that keeps up with changes in procedures.
- Step 7: Follow official announcements from the CDC and EuroCham before changing your business-setup timeline.
Frequently asked questions
What are the three reforms proposed by the CDC and EuroCham?
Are these reforms already in effect?
What figures were given on time or cost savings?
What is the "once-only" principle, and what role does CamDX play?
Is an expat setting up a company in Siem Reap affected?
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The community guide for expats and travelers in Siem Reap, Cambodia