A total of 10,536 businesses have been successfully registered as of January 12 on the government’s online business registration system, also known as the One-Stop Portal, in the 19 months since its launch in mid- 2020.
As of the afternoon of January 12, 1,149 companies were in the inspection phase; 8,272 were “registered for reservation”; and 358 were in final review, according to Single Portal figures.
The government launched the integrated e-business registration platform on June 15, 2020, bringing together six ministries and public institutions – the ministries of finance, interior, trade and labor, as well as the General Directorate of Taxes (GDT) and the Council for the Development of Cambodia (CDC).
On September 1, the government rolled out Phase II of the platform incorporating four new agencies – the Regulator of Real Estate and Pawnbrokers (REBPB) Non-Banking Financial Services Authority and Ministries of Industry , tourism and telecommunications.
Cambodian Chamber of Commerce (CCC) Vice President Lim Heng pointed out that the portal has been highly appreciated since its inception for its efficiency, contribution to relaxing the business environment and reducing delays. , costs, unnecessary travel and complicated procedures.
He told the Post that the platform, along with a host of economic reforms, has boosted confidence in the private sector, removing doubts and hesitations about starting a new business or expanding a business. an existing business.
Finance Ministry spokesman Meas Soksensan previously told The Post that the one-stop portal requires businesses to complete a single business registration form, taking a maximum of eight days.
He noted that all data submitted by companies under the single portal will be automatically sent to all ministries and public institutions integrated into the system.