Commerce Ministry Extends Penalty Waiver for Late Annual Declarations by Six Months

PHNOM PENH — Sept. 29, 2026: The Ministry of Commerce has extended its penalty waiver for companies that failed to file their annual declarations, limiting the penalty to the last one year, for an additional six months.

The extension follows repeated requests and the Ministry's recognition of companies that intended to fulfil their annual declaration obligations but missed the deadline under Announcement No. 0051 MOC.D/BR dated Jan. 8, 2026, which had allowed compliance until April 1, 2026.

Under the new announcement, companies must meet two conditions: pay the annual penalty for the annual declaration for the last one year, along with corresponding fees to the Ministry of Commerce, within six months from the date of issuance; and participate in a shareholder background check to strengthen anti-money laundering efforts.

Companies that fail to comply within the prescribed timeframe will be deemed inactive, which may affect their rights and business registration status under applicable laws and regulations.

The Ministry urged all companies to fulfil their legal obligation to file annual declarations on time. In case of technical issues with the business registration system, companies can contact the designated task force through the Ministry of Commerce's Call Center at 1266, pressing 2 for business registration services.

Company owners and managers are requested to note and implement the announcement to benefit from the waiver and to ensure compliance with Article 7 of the Law on Commercial Enterprises.

Source: Ministry of Commerce

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Reported by The Khmer Today