This decision defines the regulations, principles, and measures for the operation, establishment and management of representative office for foreign legal entities in Lao PDR, in accordance with laws and regulations of Lao PDR, aims to enhance the foreign investment and to contribute to the national socio-economic development.
Name | Description | Status |
---|---|---|
Application form for extending representative office | - A proposal or application form for extending the establishment license - A proposal or parent company's agreement on the extension of representative office - Representative office's establishment license (Original) - A copy of tax certificate and other supporting documents (evident of performing duties, etc.) - Registered capital importation certificate by Bank of Laos - Annual Activity Report and work plans; - other related documents. | Active |
Any representative office, which is terminated its operation, shall submit its establishment license (original) | Any representative office, which is terminated its operation, shall submit its establishment license (original) to Investment promotion department within 10 official days from the date it is terminated. | Active |
Must not consitute any other behavior against the law and regulations. | employees are not allow to constitute any other behavior against the law and regulations. | Active |
Must not delay the time for considering documents without reason | employees are not allow to delay the time for considering documents without reason | Active |
Must not receive bribes from representative office | employees are not allow to receive bribes from representative office | Active |
Must not take advantage from the authority, responsibilities, and position for its own benefits | employees are not allow to take advantage from the authority, responsibilities, and position fir its own benefits | Active |
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one | For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one | Active |
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one | For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one | Active |
Foreign legal entities shall submit the application form (as provided) to one stop service | Foreign legal entities, who desire to establish the Representative Office in Lao PDR, shall submit the application form (as provided) to one stop service under the Investment Promotion Department, Ministry of Planning and Investment | Active |
Must set up location and name of representative office within 60 days from the date getting approval to establish the representative office | Must set up location and name of representative office within 60 days from the date getting approval to establish the representative office | Active |
Registered capital shall not be under 50,000 USD | Registered capital of representative office shall not be under 50,000 USD | Active |
Must provide full amount of registered capital within 60 official days | Representative must provide full amount of registered capital within 60 official days from the date of getting approval to establish the representative in Lao PDR in according to law and regulations | Active |
Representative office must be enterprise or limited company, sole limited company, state enterprise or public company | Representative office must be enterprise or limited company, sole limited company, state enterprise or public company | Active |
Must not advertise any type of product or service | Representative office is not allow to advertise any type of product or service | Active |
Must not constitute any other behavior against the law and regulations (Representative) | representative office is not allow to constitute any other behavior against the law and regulations | Active |
Must not lend its establishment license to other for using, changing or falsifying it | Representative office is not allow to lend its establishment license to other for using, changing or falsifying it | Active |
Must not make out a receipt or bill for any income or benefit | Representative office is not allow to make out a receipt or bill for any income or benefit | Active |
Must not operate business in order to generate incomes or benefits | Representative office is not allow to operate business in order to generate incomes or benefits | Active |
Representative office must be extended 30 days prior to its expiration date | Representative office must be extended 30 days prior to its expiration date | Active |
Must inform to the Investment Promotion Department, Ministry of Planning and Investment when the amount of Article of Association is amended | Representative office must inform to the Investment Promotion Department, Ministry of Planning and Investment when the amount of Article of Association is amended within 30 days from the date of receiving the consent or notification by parent company | Active |