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Legal Document

Title: Decision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 2018
Type: Decision
Responsible Agency: Ministry of Planning and Investment
Issuing Date: 2019-03-18
Click here to see the measures contained in this document

This decision defines the regulations, principles, and measures for the operation, establishment and management of representative office for foreign legal entities in Lao PDR, in accordance with laws and regulations of Lao PDR, aims to enhance the foreign investment and to contribute to the national socio-economic development.

Download Lao:Decision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 2018

List Measures Related to Legal Documents

Name	Description	Status
Must open bank account in any commercial bank in lao PDR	Representative office must open bank account in any commercial bank in Lao PDR	Active
Must not constitute any other behavior against the law and regulations (Representative)	representative office is not allow to constitute any other behavior against the law and regulations	Active
the official launch of Representative Office must be widely announced to the public through newspaper or any other appropriate media channels	the official launch of Representative Office must be widely announced to the public through newspaper or any other appropriate media channels	Active
Must set up location and name of representative office within 60 days from the date getting approval to establish the representative office	Must set up location and name of representative office within 60 days from the date getting approval to establish the representative office	Active
Must provide full amount of registered capital within 60 official days	Representative must provide full amount of registered capital within 60 official days from the date of getting approval to establish the representative in Lao PDR in according to law and regulations	Active
Registered capital shall not be under 50,000 USD	Registered capital of representative office shall not be under 50,000 USD	Active
Representative office shall be registered as legal entity	Representative office shall be registered as legal entity under the law of any country which is obtained financial stability or established more than 2 years	Active
Representative office must be enterprise or limited company, sole limited company, state enterprise or public company	Representative office must be enterprise or limited company, sole limited company, state enterprise or public company	Active
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one	For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one	Active
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one	For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one	Active

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