Service
Business Establishment and Licensing
Company registration is basically a step to legally establish your company. It is an essential process for startups today. Registering your company gives you a legal recognition and legal right and so many other benefits such as: - Recognized as a legal entity and able to obtain required licenses and permits - Easy access to finance and business bank account - Establishing your reputation and credential in the market and so on… However, it could be costly, lengthy and stressful if you do not have experience before. We have experience supporting my clients to register their companies quickly and smoothly but not necessarily empty their business plan budget. At the Legal Trust Law Firm, we have supported some of our new startup clients from being a sprout and continued to taking care of the beanstalk by providing quick, profession and affordable legal services when needs be
Establishment and Licensing
Business clients come to the Legal Trust Law Firm to seek legal assistance on significant matters as follows:
- Drafting/reviewing shareholders' agreement and MAA
- Registering company at MOC, GDT, MLVT and NSSF
- Registering trademark
- Drafting legal instruments including the sale-purchase, lease, rent, and insurance agreement
- Obtaining full regulatory compliance in labor and employment matters
Currently, the Ministry of Commerce has deployed the company online registration where the applicants could possibly self-registered. However, some clients still prefer to seek professional support to save time and cost as well as unnecessary hustle.
However, if you wish to conduct self-registering, please visit the MOC homepage at https://www.businessregistration.moc.gov.kh and follow each step of the instruction carefully.
Permit and Approval
Most businesses need both licenses and permits from the supervised regulatory and/or local authority including city hall or provincial hall. Most of the time, you are required to travel to work with the local authorities, which ironically will not complete in one or two goes. It is a huge waste of time to you or even your paid employee, whose real assignment is catching a bigger fish. Why not focus on your core and let me handle your legal job for you? My services include the following:
- Preparing a checklist of the required document
- Drafting necessary document
- Communicating with authorities
- Submitting documents to the authorities
Corporate Secretarial
Corporate secretarial service is responsible for shareholder administration and communication, corporate governance and statutory compliance. These are known as the responsibility of the directors of the company; however, the corporate secretarial service would reduce them from taking on this responsibility administratively. For a newly established organization, it becomes a burden to take care of these administrative tasks along with the important day-to-day business activities. Hence, engaging corporate secretarial services provide a very beneficial role in smoothing and compliance of the business operation from the beginning.
The following are some corporate secretarial that I support my clients:
- Prepare full documentation of Annual General Meeting and Board of Directors Meeting
- Prepare and maintain minutes of the meeting of the Board of Directors and Shareholders
- Draft standard Board of Directors and Shareholders written resolutions
- Review and advise on corporate governance
- Process changing of executive officers and directors and amendment of the MAA
- Advice and assist the directors with respect to their duties, responsibilities, and compliance