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| Name | Transfer of funds to foreign countries |
|---|---|
| Description | An individual or a legal person who has invested in the Lao PDR who want to transfer approved profit, dividend, capital and interest received from their business operation, to the home country or the third country must apply to a commercial bank with the following documents: An application to transfer the money; A Bank account statement issued by the commercial bank where the money has been deposited; A Certificate of capital importation issued by the Bank of The Lao PDR; An approval letter to borrow issued by the Bank of The Lao PDR ( for the transfer of loan and loan interest); and Decision of the board of directors or shareholders’ meeting on the dividend distribution of the company. |
| Comments | - |
| Validity From | 02-04-2010 |
| Validity To | 31-12-9999 |
| Reference | Article 23 |
| Status | Active |
| Measure Type | Administrative Requirements |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Instruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 2010 |
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| Description |
|---|
| Banking and other financial services (excluding insurance) |