Ministry of Commerce to Waive Penalties for Companies Failing to File Annual Declarations

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Ministry of Commerce to Waive Penalties for Companies Failing to File Annual Declarations
Ministry of Commerce to Waive Penalties for Companies Failing to File Annual Declarations./Image credit: Ministry of Commerce.

The Ministry of Commerce (MoC) has announced a temporary measure for companies that have failed to file annual declarations in previous years, limiting the penalty to the most recent year.

According to the MoC's announcement on January 8, 2026, companies that wish to be eligible for the penalty-waiver must:

  1. Pay the penalty for failing to submit an annual declaration for only the most recent year within 60 working days of the date of announcement.
  2. Participate in a shareholder background check to strengthen and support anti-money laundering (AML) efforts.

Failing to comply with these conditions, or make a payment within the stipulated timeframe, will cause a company to be considered 'Inactive', which may affect its business registration status and other rights, in accordance with the applicable laws and regulations.

“The Ministry of Commerce firmly believes this policy will strengthen the business environment in the Kingdom of Cambodia and improve the implementation of commercial laws and business registration procedures, thereby enhancing their effectiveness and administrative efficiency,” said the announcement.

The MoC requests all company directors and managers to cooperate in the timely implementation of this temporary measure in order to benefit from the penalty waiver and maintain legal compliance.