They are thus finest suited in helping foreign investors wishing to realize entry to the Cambodian marketplace. A international or native entity may function its business in Cambodia by way of a department oﬃce. Although comparatively frequent in the banking group, the federal government’s policy, historically, was to restrict branches to foreign traders that have executed contracts with the federal government. All forms of business group forms are summarized in the chart beneath, followed by a extra detailed examination of each kind. The LCE refers, in a number of provisions, to the usage of a company secretary answerable for taking and maintaining the minutes of the board of administrators’ conferences and sending copies of the minutes to all directors. In addition, the corporate secretary shall put together a written report of the written communications of the board and shall distribute this report back to the administrators. Directors and oﬃcers must disclose in writing their pursuits in relation to any contracts with the corporate, or any material curiosity in relation to such a contract.
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Dictionary In Style Legal Phrases: J
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