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Questions and Answers
According to the Law on Commercial Enterprises, what is the timeline for amending the AoI and filing it with the MOC after changing the shareholding structure?
In a general partnership, how may a general partner cease to be such?
What is the time allowed for the CAMBODIAN BUSINESS LAW EXAM June 2023?
How many questions are compulsory in Section A of the CAMBODIAN BUSINESS LAW EXAM June 2023?
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How many questions are compulsory in Section B of the CAMBODIAN BUSINESS LAW EXAM June 2023?
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According to the Law on Commercial Enterprises, what is the timeline for amending the AoI and filing it with the MOC after changing the shareholding structure?
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In a general partnership, how may a general partner cease to be such?
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According to the LCE, which statement in relation to a private limited company is incorrect?
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What is the maximum number of shareholders a private limited company may have according to the LCE?
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When must a company amend its AoI and file it with the MOC after changing its shareholding structure, as per the Law on Commercial Enterprises?
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Study Notes
Law on Commercial Enterprises (LCE)
- Amendments to the Articles of Incorporation (AoI) must be filed with the Ministry of Commerce (MOC) within 15 days of changing the shareholding structure.
- Private limited companies are permitted a maximum of 30 shareholders under the LCE.
- A company is required to amend its AoI within the stipulated timeframe after any alteration in its shareholding structure.
General Partnerships
- A general partner can cease their status by withdrawing from the partnership, being expelled as outlined in the partnership agreement, or through their death or incapacity.
Cambodian Business Law Exam June 2023
- The total time allotted for the exam is 3 hours.
- In Section A, a minimum of 4 questions is compulsory.
- In Section B, 2 questions are required to be answered.
Incorrect Statements about Private Limited Companies
- Identifying incorrect statements about private limited companies is vital under the LCE, as these statements may misrepresent the regulations governing such entities.
Important Notes
- Familiarization with the timelines, requirements, and limitations set by the LCE is essential for compliance and effective business operations in Cambodia.
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Description
Test your knowledge of Cambodian Business Law with this exam paper for June 2023. Section A covers 45 compulsory questions related to business law, while Section B includes 5 additional questions for a comprehensive assessment. See how well you understand the legal intricacies of business operations in Cambodia.
