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| 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: The registered capital of at least 20 billion Kip of which 80 percent in cash and 20 percent in other assets. |
| Comments | - |
| Validity From | 02-04-2010 |
| Validity To | 31-12-9999 |
| Reference | Article 25 |
| Status | Active |
| Measure Type | Minimum capital 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) |