Name | Application for the establishment of a business for export and import of precious metals |
Description | An individual and a legal person of the Lao PDR having a purpose to operate an export and import of business of precious metals (gold and silver bars) which may be used as a means for international settlement shall file with the following documents and meet the following requirements: An application to establish a company for import and export of precious metals according to the forms provided by the Bank of The Lao PDR; Feasibility study and business plan; Organization chart, knowledgeable and able personnel and equipment to operate the business; A certificate of court verifying of never being sentenced by court for individual; Have a proper office location and ensuring the security during business operations |
Comments | - |
Validity From | 02-04-2010 |
Validity To | 31-12-9999 |
Reference | Article 25 |
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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