| Foreign investors to have approval to establish a representative insurance company office in accordance with laws in Lao PDR | Authorization / permit requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Foreign Investors to possess 5 years of experience in operating an insurance business to establish an insurance company an obtain a Business Operating License in Lao PDR | 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 |
| Foreign Investors to possess approval letter to establish and 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 |
| An applicant who establishes and operates an insurance company must never been included on the list of transnational crimes | 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 |
| Insurance Agency to obtain tax certificate from the tax Department | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Agency to register with Tax Department | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Broker or representation for an insurance company to possess a Certified Identification Card | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Broker or representation for an insurance company to present Certified Identification Card at each occasion whereby insurance is being sold | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Broker must meet professional criteria as insurance agency to operate business | Licensing (based on qualifications / education) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Brokers to adhere to applicable national laws and regulations | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Brokers to adhere to taxation regulations | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Brokers to obtain approval to operate business | Authorization / permit requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to act in congruence with the types, forms and scope of insurance business operations stated in Article 19 of the Insurance Law No 06/NA dated 21 December 2011 | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to adhere to customs obligations | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to adhere to national legislation | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to adhere to tax obligations | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to comply with international commitments | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to comply with national laws, regulations and procedures to obtain an Insurance Business License | 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 |
| Insurance business operators to deposit 1/3 of its total registered capital for risk guarantee | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
| Insurance Business Operators to develop summary reports of business operations | Performance requirements (mandatory) | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
