Licenses are granted by the Securities and Exchange Commission of Cambodia (“SECC”) under the provisions of the Law on the issuance and trading of Non- Government Securities.
Below please find features of the particular license category in more details:
Feature/Category | Securities Dealer License |
Type of company required to be eligible | Cambodia LLC company |
Corporate taxation | 20% |
Minimum paid-up statutory capital | 1,000,000,000 KHR |
Main requirements | Minimum 2 directors, Compliance & AML Officers, qualified personnel, bookkeeping/audit, audited financial statements with local auditor |
Timeframe | A complete license application is normally decided upon SECC approval within 5-8 months from the date of filing |
Government fees | * |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1) Opening of operational and clients bank accounts (worldwide)
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Quarterly & Annual Reporting
4) Provide outsourced Compliance & AML Support services
5) Provide outsourced Risk Management services
6) Assistance with finding local premises
7) Assistance with Trademark & Brand Name registration
8) Provide in-house trainings/seminars
9) Provide Legal Opinions
10) Provide DPO & GDPR Advisory services
"*" indicates required fields