by v12 » Sat Nov 20, 2021 10:55 am
The money laundering issue is more a problem for the US government, than for the business itself. It only becomes a business issue, when the US government starts accusing businesses/people of money laundering. Take care, the contract/administration is OK (and not violating Western, especially EU, laws), and the business concerns are minor.
A far bigger business issue is the quality of the Cambodian laws, as well the non-transparancy of the legal system and often obviously sided application of the law. Going to court, to get what you miss, is just a lottery. Which makes business investments for anything that might draw attention and/or controversy a gamble. There will be little protection against government supported Chinese "attacks" on your business.
The money laundering issue is more a problem for the US government, than for the business itself. It only becomes a business issue, when the US government starts accusing businesses/people of money laundering. Take care, the contract/administration is OK (and not violating Western, especially EU, laws), and the business concerns are minor.
A far bigger business issue is the quality of the Cambodian laws, as well the non-transparancy of the legal system and often obviously sided application of the law. Going to court, to get what you miss, is just a lottery. Which makes business investments for anything that might draw attention and/or controversy a gamble. There will be little protection against government supported Chinese "attacks" on your business.