ເວັບໄຊທ໌ ທາງການ ສູນຂໍ້ມູນຂ່າວສານ ທາງດ້ານການຄ້າດ້ານບໍລິການ

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Service

Level 1
  81 Financial Services 07

Level 2
  812 All insurance and insurance-related services 07A

Level 3
  812 All insurance and insurance-related services 07Aa

Measures Applicable at this Level

Showing 1 - 12 of 12 items

Name	Type	Agency	Law	Validity

insurance companies must submit quarter report to Ministry of Finance	Knowledge Transfer	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	16-07-9999
Insurance companies must submit annual report to Ministry of Finance	Knowledge Transfer	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
Combined insurance companies must assign actuaries to identify the insurance reserves	Administrative Requirements	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
Ministry of Finance shall inform insurance companies to submit additional information at any time	Administrative Requirements	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
insurance brokers must submit the quarter report to Minstry pf Finace	Knowledge Transfer	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
Ministry of Finance could inform insurance brokers to submit additional information at any time	Administrative Requirements	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
Insurance companies shall be fined one million per day if they could not submit information in time as defined. (within 30 days)	Administrative Requirements	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
Insurance brokers shall be fined one million per day if they could not submit information in time as defined. (within 30 days)	Administrative Requirements	Ministry of Finance	Decision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 2018	17-07-9999
The insurance company must comply with the requirements under Chapter 3 within 12 (twelve) months	Administrative Requirements	Bank of the Lao PDR	Decision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018	11-02-9999
non-life insurance company must keep the surplus assets for sixteen (16) billion kip at the minimum	Minimum capital requirements	Business competition commission	Decision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018	11-02-9999
Life Insurance company must reserve surplus assets 16 trillion kip at the minimum	Minimum capital requirements	Bank of the Lao PDR	Decision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018	11-02-9999
combine insurance company (life and non-life) must reserve surplus assets 32 trillion kip at the minimum	Minimum capital requirements	Bank of the Lao PDR	Decision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018	11-02-9999

Level 0, Level 1 and Level 2 Measures Also Applicable

Showing 581 - 600 of 840 items

Name	Type	Agency	Law	Validity

Application for approval to operate Business as an Insurance Agency or Insurance Broker	Authorization / permit requirements	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Application to operate as a joint venture company	Joint Venture	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Application to operate as a sole foreign investor company	Administrative Requirements	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Approval to operate business as an Insurance Agency	Authorization / permit requirements	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Business Registration of Insurance Agents and/or Brokers	Administrative Requirements	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Categorization of services by insurance operators in accordance with provisions of the Ministerial Guidelines on Insurance Business Licensing No 770/MOF	Administrative Requirements	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Criteria for issuance of a permanent license to operate Insurance Business	Licensing (based on experience, track record, technical requirements, and/or other)	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Duration of temporary insurance business operating license	Numerical restrictions (duration license)	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for a Broker License for a Legal Entity	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for a Life Insurance Operating License	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for a Non Life Insurance Operating license	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for an Agency ID Card or certification letter	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for an Agency License for a Legal Entity	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for renewing agency ID card or certification letter for an individual	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for renewing agency license for a legal entity	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for renewing broker ID card or certification letter for an individual	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for renewing broker license for a legal entity	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for Renewing Life Insurance operating license	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
Fee for renewing non-life insurance operating license	Fee	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999
An applicant who establishes and operates an insurance company must acquire a good business background	Licensing (based on experience, track record, technical requirements, and/or other)	Ministry of Finance	Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016	31-12-9999

Related Procedures

Showing 1 - 14 of 14 items

Name	Description	Category Type
Procedures on Business registration and operation.	Procedure	Procedure
Procedures for establish none-taking deposit micro finance institute	Procedure	Procedure
Procedures of Filling Application for intellectual property	Procedure	Procedure
Procedures of investment in general business	Procedure	Procedure
Procedures for investment in concession business	Procedure	Procedure
Procedures for investment in special economic zone	Procedure	Procedure
Procedures for establish employment services enterprise	Procedure	Procedure
Procedures on the leasing of state land	Procedure	Procedure
Procedures on establish insurance business	Procedure	Procedure
Procedures on issuance of Stock	Procedure	Procedure
Procedures on establish securities company	Procedure	Procedure
Procedure of establish the securities market	Procedure	Procedure
Procedures for applying to become the securities professionals	Procedure	Procedure
Procedures on permission for advertise products and services	Procedure	Procedure

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