Adherence to Accounting and Invoicing Standards | Performance requirements (mandatory) | Ministry of Finance | Law on Value-Added Tax (Revised Version) No. 52/NA, dated 23 July 2014 | 31-12-9999 |
Responsibilities of reporting entities | 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 |
Requirement for managing Foreign Currency Revenues | Limitations on transfer of funds | Bank of the Lao PDR | Law on the Management of Foreign Currency No. 55/NA, dated 22 December 2014 | 31-12-9999 |
Requirement for investment in (specific) economic zone to be subject to maximum duration of 99 years | Numerical restrictions (duration license) | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for moving cash currency | Other measures | Bank of the Lao PDR | Law on the Management of Foreign Currency No. 55/NA, dated 22 December 2014 | 31-12-9999 |
Notification of importation of engine for personal use by individuals | Administrative Requirements | Ministry of Public Works and Transport | Regulation regarding the technical standard of vehicles and accessories of vehicles which will be obtained the authorization to import for registration and assemble in unit in order to use in the Lao PDR No. 4312/MCTPC, dated 11 November 2002 | 31-12-9999 |
Requirement for investment in science & technology to be made in a form allowed by law | Form of establishment | Ministry of Science and Technology | Law on Science and Technology No. 30/NA, dated 19 July 2013 | 31-12-9999 |
Use of Kip for payments associated with domestic goods and services | Administrative Requirements | Bank of the Lao PDR | Instruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 2010 | 31-12-9999 |
Requirement to register an enterprise to conduct the pawning business | Administrative Requirements | Ministry of Industry and Commerce | Decree On Pawn Businesses No. 248/Gov, dated 26 July 2016 | 31-12-9999 |
Requirement for investments to be within zoned areas | Zoning restrictions | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for investments to take 3 forms | Form of establishment | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Application for Tax Identification Number | Administrative Requirements | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |
Requirement for opening bank accounts abroad | Authorization / permit requirements | Bank of the Lao PDR | Law on the Management of Foreign Currency No. 55/NA, dated 22 December 2014 | 31-12-9999 |
Requirement for investor to be a legal entity to conduct investment | Form of establishment | Ministry of Planning and Investment | Decree on the Implementation of the Investment Promotion Law No. 119/PM, dated 20 April 2011 | 31-12-9999 |
Requirement for place at which currency can be exchanged | Limitations on transfer of funds | Bank of the Lao PDR | Law on the Management of Foreign Currency No. 55/NA, dated 22 December 2014 | 31-12-9999 |
Requirement for investors other than zone developers to be licensed | Licensing (based on experience, track record, technical requirements, and/or other) | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for lease or concession of state land to be according to zoned areas | Zoning restrictions | Land inspection Authority | Prime Minister’s Decree on the Leasing of State Land No. 135/PM, dated 25 May 2009 | 31-12-9999 |
Requirement for license for concession business | Authorization / permit requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Availability and accessibility of documents | Other measures | Ministry of Finance | Law on Value-Added Tax (Revised Version) No. 52/NA, dated 23 July 2014 | 31-12-9999 |
Business Owner to notify Tax division of reason for temporary cessation | Administrative Requirements | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |