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NameEstablishment requirements for wholesale and retail businesses
DescriptionForeign investors (individuals and legal entities) may establish and operate wholesale and retail businesses in the Lao PDR in accordance with the following conditions:
1. Establish and operate wholesale and retail businesses in accordance with the conditions of the Decision on Shopping Centers and Supermarkets issued by the Ministry of Industry and Commerce;
2. Have business premises where the shopping center of supermarket is located or specifically approved by the State whatever the case;
3. Shall have a registered capital of 4 Billion Kip or more;
4. 100% shareholding on registered capital of 20 Billion Kip or higher;
5. Registered capital less than 20 Billion Kip, but not below 4 Billion Kip shall be in the form of a joint venture with a domestic investor in accordance with the following conditions:
- Registered capital less than 20 Billion Kip, but not below 10 Billion Kip, maximum shareholding not more than 70%; and
- Registered capital less than 10 Billion Kip, but not below 4 Billion Kip, maximum shareholding not more than 50%.
Comments-
Validity From22-05-2015
Validity To31-12-9999
ReferenceArticle 13
StatusActive
Measure TypeLicensing (based on experience, track record, technical requirements, and/or other)
Agency NameMinistry of Industry and Commerce
Legal DocumentDecision On Wholesale and Retail Business No. 1005/MOIC.ITD, dated 22 May 2015
This measure applies to Service