Name | Approval for Investment in foreign country of a resident of the Lao PDR |
Description | An individual and a legal person of the Lao PDR having a purpose to invest externally both directly and indirectly, shall apply to the Bank of The Lao PDR to transfer the fund to invest abroad with the following documents: An application of the investor to transfer the money out of Lao PDR; A license to invest abroad from the Ministry of Plan and Investment; An investment license issued by the authority of the host country and ;A bank account statement of the investor issued by the commercial bank where the money has been deposited; |
Comments | - |
Validity From | 02-04-2010 |
Validity To | 31-12-9999 |
Reference | Article 24 |
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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