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SMEs in Cambodia: Registration in 6 Days, but Exporting Remains a Challenge

Prime Minister Hun Manet speeds up business registration, but export licenses remain a hurdle for expat entrepreneurs.

business

Updated 2026-08-24 5 min

Summarize this article with AI

In short

  • Prime Minister Hun Manet announces a reform reducing SME registration time to 6 days.
  • The reform aims to simplify administrative procedures for small businesses.
  • However, obtaining an export license remains lengthy and complex, a challenge for expat entrepreneurs.
  • Expats can now start their businesses more easily, but exporting remains an obstacle to overcome.
6 days
Registration time
August 24, 2026
Announcement date
Cambodia
Location
Cambodianess
Source

Key Facts at a Glance

  • Reform announced. Prime Minister Hun Manet unveiled a plan to speed up SME registration.
  • Reduced time. Businesses can now register in 6 days instead of several months.
  • Objective. Facilitate business creation and boost the local economy.
  • Persistent obstacle. Export licenses remain lengthy and complex to obtain.
  • Expat impact. Foreign entrepreneurs benefit from simplified business creation, but exporting remains difficult.

How It Happened

The reform was announced by Prime Minister Hun Manet as part of a broader effort to modernize Cambodia's administration.

  1. August 24, 2026: Official announcement of the reform by Prime Minister Hun Manet.
  2. Before the reform: Registering an SME could take several months due to complex procedures.
  3. Reform goal: Reduce the time to 6 days for new businesses.
  4. Implementation: Practical details of the reform are to be specified by the relevant ministries.
  5. Reactions: Experts point out that export licenses remain a bottleneck for SMEs.
  6. Next steps: The government plans to further simplify procedures, but no date has been announced for export licenses.

Breakdown

The reform mainly concerns small and medium-sized enterprises, but its impact varies by sector.

SegmentFigureDetail
Local SMEsMajorityBenefit from faster registration, but exporting remains a challenge.
Expat-led businessesGrowing numberSimplified creation, but difficulties in obtaining export licenses.
Manufacturing sectorSignificantHeavily dependent on export licenses to sell abroad.
Services sectorGrowingLess affected by export licenses, but impacted by bureaucracy.
Tech startupsEmergingBenefit from simplification, but must navigate regulations.

What It Means for Siem Reap

  • Faster business creation: expats can launch their venture in 6 days instead of several months.
  • Reduced administrative costs: less time and money spent on paperwork.
  • Encouragement for entrepreneurship: expats can test new ideas more easily.
  • Exporting remains complex: expats looking to export should plan for additional delays.
  • Need for guidance: it's advisable to consult local experts for export licenses.

How to Avoid Trouble

  1. Step 1: Check the specific requirements of your sector before starting.
  2. Step 2: Prepare all necessary documents in advance to speed up registration.
  3. Step 3: Consult a lawyer or business advisor for export licenses.
  4. Step 4: Anticipate export delays by starting the process early.
  5. Step 5: Stay informed about regulatory changes through official channels.
  6. Step 6: Join entrepreneur associations to share best practices.

Frequently asked questions

What is the new SME registration time in Cambodia?
Prime Minister Hun Manet announced that SME registration can now be done in 6 days, instead of several months previously.
Does this reform apply to foreign-owned businesses?
Yes, the reform applies to all SMEs, including those owned by expatriates, making it easier for foreigners to start a business.
What is the main remaining obstacle for SMEs?
Obtaining an export license remains lengthy and complex, posing a major challenge for businesses looking to sell abroad.
How can expats benefit from this reform?
Expats can start their businesses faster and at lower cost, but must plan for additional steps when exporting.
Are there resources to help expat entrepreneurs?
It is recommended to consult local experts, specialized lawyers, and join entrepreneur associations for advice.

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Siem Reap Hub

The community guide for expats and travelers in Siem Reap, Cambodia