As the digital marketplace grows, so does the Cambodian government's focus on regulation. To conduct e-commerce within Cambodia, companies and individuals must now secure the necessary permits and licenses. Non-compliance could lead to substantial fines.
The introduction of Prakas 315 and Prakas 316 on May 12, 2021, by Cambodia’s Ministry of Commerce and Ministry of Economy and Finance, outlines the fees and penalties for e-commerce licensing. These regulations, which became effective on May 26, 2021, align with the Law on Electronic Commerce enacted on November 2, 2019. Together, they establish a comprehensive legal structure for the burgeoning e-commerce sector, which is projected to reach a market value of US$222 million in 2021, according to Statista.
Foreign entities looking to harness Cambodia's e-commerce potential must adhere to these new regulations to capitalize on the industry’s expansion and avoid compliance penalties.
Akatsuki is proud to offer two bespoke e-commerce service packages to suit the varied needs of your business:
Elevate your brand with a fully customized e-commerce website, complete with your own domain. Enjoy a seamless, responsive interface across all devices, from desktops to smartphones. In Cambodia, many businesses operate through social media platforms, which limits brand control and dominance. For companies aiming to establish robust brand recognition and presence, a proprietary platform is essential. Akatsuki supports you every step of the way, from license application to the full-scale development of your e-commerce site.
Starting your own e-commerce site in Cambodia can be time-consuming due to licensing requirements. Akatsuki offers a streamlined alternative with our easy-setup, small-scale e-commerce solution within our licensed e-commerce mall. This approach negates the need for individual licensing, allowing you to focus solely on providing product details and assets. Choose Akatsuki, and simplify your journey into the digital marketplace of Cambodia.