G-49K1P98ZGC Discover Cambodia : Overcoming Barriers of Entry

Discover Cambodia : Overcoming Barriers of Entry


1. Low in Ease of Doing Business

Cambodia ranks 135th out of 190 global economies in the World Bank's Ease of Doing Business Report 2018


A. Time and Tax

Takes 99 days to go through nine procedures to incorporate and formally operate a company. Procedures include receiving inspection from Labour Inspector and registering at the National Social Security Fund. Intricate tax regulatory environment that is subjected to change.


B. Quality of Land Administration Index

The index consists of 5 dimensions: reliability of infrastructure, transparency of information, geographic coverage, land dispute resolution, and equal access to property rights. Scored 7.5 out of a total score of 30, as compared to OECD high-Income countries at 23.2.



2. Information Accessibility

  1. One challenge cited by SMEs is the lack of understanding about procedures for obtaining a patent tax certificate and different types of payments.

  2. A lack of access to information on regulations a well as licenses & permits needed for a specific industry.

  3. Limited Information to locate or analyse markets and business partners.

  4. Inability to identify and contact potential business partners.

  5. Unreliable market data on costs, prices and market shares.



3. Intellectual Risk

Infringement of Intellectual Property Rights (IPR) can result in a loss to:

  • Reputation

  • Competitive Advantage

  • Revenue

  • Business


Importance?

  • A key factor in the competitiveness of your business in the global economy.

  • Can protect your innovation from competitors.

  • Can also be an important source of cash flow through licensing deals or selling IP.