Corporate & Commercial
Our Corporate and Commercial Practice Group is dedicated to delivering top-tier legal services to both local and international clients navigating the intricate landscape of business operations in Cambodia. Leveraging our extensive experience and strong relationships with key government authorities, such as the Council for the Development of Cambodia (CDC) and Ministry of Commerce (MOC), we ensure a seamless and efficient process when assisting clients with regulatory filings and staying up-to-date of any changes in the law and regulations.
We specialize in providing comprehensive legal advice on business formation, covering everything from initial investment approvals to the registration of Private and Public Limited Companies. Our team is well-versed in managing all aspects of corporate changes, including share transfer, capital increases, changes of the Board of Directors, and amendments to Articles of Incorporation (AOI). Furthermore, we provide expert guidance in drafting and negotiating shareholder and joint venture agreements, ensuring that your business structure is robust, compliant, and legally sound.
Our practice is firmly committed to guiding clients through the dynamic regulatory landscape of Cambodia, ensuring that businesses operate smoothly while meeting all legal obligations. We support clients at every stage of their corporate journey—from incorporation to regulatory compliance, as well as strategic restructuring and beyond.
Our expertise extends to the following areas:
- Share Transfer: Facilitating the seamless transfer of shares in compliance with Cambodian law.
- Capital Increase: Advising on the legal procedures and implications of capital increments for businesses.
- Change of Board of Directors/Members: Assisting with the legal processes pertaining to changing the Board of Directors.
- Incorporation of Entities: Providing full-service support for business registration, whether for Private or Public Limited Companies.
- License and Approvals Renewal: Managing the timely renewal of business licenses and obtaining necessary governmental approvals.
- Qualified Investment Project (QIP) Filings: Assisting clients in filing for QIP status with the CDC.
- Legal Due Diligence: Conducting thorough legal due diligence to assess potential risks and ensure informed decision-making.
- Drafting Shareholders’ Agreements and Other Corporate Documents: Crafting essential documents such as Shareholders’ Agreements, Share Sale and Purchase Agreements, and AOI.
- De-registration of Entities: Managing the legal process of de-registering entities in Cambodia.
Mustafa Kocadag
Senior Partner
Head of Corporate & Commercial
Prior to joining HBS LAW, Mr. KOCADAĞ served as an associate and partner for various firms in the Netherlands, Lao PDR and Indonesia.
Lyhout Yin
Partner
Head of Corporate & Commercial
Mr. YIN handles a broad range of corporate matters including incorporation of companies, change of company’s shareholder and director, increase of capital of the company, change of the company’s address and so on with the Council for the Development of the Cambodia, Ministry of Commerce and General Department of Taxation.
Sadao Matsubara
Senior Consultant
Sadao worked as a public prosecutor of Japan from 1996 to 2014. He was also a professor of the International Cooperation Department, Research and Training Institute, Justice Ministry of Japan from 2010 to 2012.
Tith Sopheap Ly
Senior Associate
Ms. Ly obtained an LLM from Nagoya University, Japan, under the Japanese-MEXT scholarship program. Her specialization is labor law and industrial relations.
Peakdey Hieng
Attorney-at-Law
Ms. Hieng started her employment at HBS LAW in 2015, supporting the firm with regards to an extensive range of matters. She is a member of the General Corporate and Investment, Banking and Finance, and Dispute Resolution and Litigation Practice Groups.
Ratana Samnang
Associate
Ratana earned an LL.M. specializing in Labour and Employment Law from Nagoya University, Japan, under the Japanese Government (MEXT) Scholarship Program. In 2026, he joined HBS LAW and became a member of Labour, Corporate & Commercial Practice Group.
Sovanrachna Hok
Associate
Sovanrachna earned a Dual Master’s Degrees in Public International Law from Royal University of Law and Economics (RULE) and Paris 8 University. In 2025, she joined HBS LAW and became a member of Labour, Corporate & Commercial, and Capital Markets Practice Group.
Salibadawi Uon
Junior Associate
I have experience in commercial disputes involving arbitration procedures and proceedings under the rules of the National Commercial Arbitration Centre (NCAC). In addition, I have assisted with corporate and investment matters, including company registration, drafting corporate documents and commercial agreements, conducting legal research, and advising on regulatory compliance under Cambodian laws.
Ryda Hour
Junior Associate
Ryda holds a Bachelor of Arts in Law from American University of Phnom Penh (“AUPP”). During her academic studies, she developed a strong foundation in legal research, labor law, and commercial law.
Related Publications
Legal Brief July 2019: Creating a Will.
Deal Lists
- Advising a prominent mall operator on regulatory compliance issues, ensuring their operations adhered to local legal requirements.
- Assisting a leading international insurance company with the complex transfer of shares, ensuring compliance with the fast-changing local regulations.
- Supporting the market entry of one of the largest freight forwarding companies in Cambodia, handling business registration and related legal processes.
- Facilitating the renewal of relevant licenses for Cambodia’s leading company, operating through the digital platform by using a smartphone app, while also providing support for regular restructuring of their Board of Directors.
- Assisting one of the world’s leading cryptocurrency companies in the dissolution of their entity in Cambodia, ensuring a legally sound and compliant process.