Forms of Investments for Foreign Investors | Form of establishment | Ministry of Planning and Investment | Decree of the Prime Minister Regarding the Implementation of the Law on the Promotion and Management of Foreign Investment in the Lao People's Democratic Republic No. 46/PM, dated 23 March 2001 | 31-12-9999 |
if the enterprise does not have any of the activities listed in the enterprise registration certificate, it must be carried out to obtain an investment or business license in any activities from relevant sectors within 90 days | Administrative Requirements | Ministry of Industry and Commerce | Decision on Enterprise Registration no. 0023/MOIC.ERM, dated 09 January 2019 | 14-05-9999 |
Implementation of risk assessment and risk based approach | Administrative Requirements | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
In case of any change in the content of enterprise registration, if there is a need to change the content of an investment license or a business license, the enterprise must submit the proposal to the relevant sector | Administrative Requirements | Ministry of Industry and Commerce | Decision on Enterprise Registration no. 0023/MOIC.ERM, dated 09 January 2019 | 14-05-9999 |
individuals who operate business on billboard shall possess the Feasibility Study report | Administrative Requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 30-09-9999 |
Individuals, legal entities, or organizations, both domestic and international, who desire to operate business on billboard, shall ask for permission of enterprise establishment from relevant sectors as provided under law of enterprise, law of investment | Authorization / permit requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 30-09-9999 |
Individuals, legal entities, or organizations, both domestic and international, who desire to operate business on billboard, shall ask for technical permission from Information, Culture and Tourism sector. | Authorization / permit requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 30-09-9999 |
Individuals, legal entities, or organizations, who desire to install all type of billboard after obtaining the approval on content by Information, Culture and Tourism sector, shall apply for installation permit from public work and transport sector. | Administrative Requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 26-09-9999 |
Investment Approval Procedures | Authorization / permit requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Invoice printing shop authorization requirements | Authorization / permit requirements | Ministry of Finance | Decree on invoice No. 12/PM, dated 23 January 2015 | 31-12-9999 |
Invoice usage requirements | Performance requirements (mandatory) | Ministry of Finance | Decree on invoice No. 12/PM, dated 23 January 2015 | 31-12-9999 |
Issuance of Tax Payment License/Certificate | Administrative Requirements | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |
Licensing Requirements for Foreign Investment and Joint Ventures | Licensing (based on experience, track record, technical requirements, and/or other) | Ministry of Industry and Commerce | Instruction of the Minister of Industry and Commerce regarding the Declaration for Enterprise Registration in accordance with the Enterprise Law No. 0995/MOIC, dated 19 June 2008 | 31-12-9999 |
Limitation on Entities and branches to be established by Foreign Investors | Form of establishment | Ministry of Planning and Investment | Decree of the Prime Minister Regarding the Implementation of the Law on the Promotion and Management of Foreign Investment in the Lao People's Democratic Republic No. 46/PM, dated 23 March 2001 | 31-12-9999 |
Limitation placed on duration of land lease for foreigners | Numerical restrictions (duration license) | Land inspection Authority | Law on Land No. 04/NA, dated 21 October 2003 | 31-12-9999 |
Limitations on invoice printing | Administrative Requirements | Ministry of Finance | Decree on invoice No. 12/PM, dated 23 January 2015 | 31-12-9999 |
Minimum capital requirement for foreign investment enterprises | Minimum capital requirements | Ministry of Planning and Investment | Decree of the Prime Minister Regarding the Implementation of the Law on the Promotion and Management of Foreign Investment in the Lao People's Democratic Republic No. 46/PM, dated 23 March 2001 | 31-12-9999 |
Minimum capital requirement for Foreign Investors engaging in joint ventures | Minimum capital requirements | Ministry of Planning and Investment | Decree of the Prime Minister Regarding the Implementation of the Law on the Promotion and Management of Foreign Investment in the Lao People's Democratic Republic No. 46/PM, dated 23 March 2001 | 31-12-9999 |
Modification of Contents in Enterprise Registration | Administrative Requirements | Enterprise Management and Inspection Authority | Law on Enterprises No. 46/NA, dated 23 December 2013 | 31-12-9999 |
Must hire employees who are responsible, have morality, knowledge, technological skills, design, fine arts on billboard. | Administrative Requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 30-09-9999 |