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Service
Level 1
  81 Financial Services 07

Level 2
  812 All insurance and insurance-related services 07A

Level 3
  812 All insurance and insurance-related services 07Aa

Measures Applicable at this Level
Showing 1 - 12 of 12 items
NameTypeAgencyLawValidity
    
insurance companies must submit quarter report to Ministry of FinanceKnowledge TransferMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201816-07-9999
Insurance companies must submit annual report to Ministry of Finance Knowledge TransferMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
Combined insurance companies must assign actuaries to identify the insurance reserves Administrative RequirementsMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
Ministry of Finance shall inform insurance companies to submit additional information at any timeAdministrative RequirementsMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
insurance brokers must submit the quarter report to Minstry pf Finace Knowledge TransferMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
Ministry of Finance could inform insurance brokers to submit additional information at any timeAdministrative RequirementsMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
Insurance companies shall be fined one million per day if they could not submit information in time as defined. (within 30 days)Administrative RequirementsMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
Insurance brokers shall be fined one million per day if they could not submit information in time as defined. (within 30 days)Administrative RequirementsMinistry of FinanceDecision on Reporting of Insurance Companies and Insurance Brokers no. 3060/MoF dated 27 September 201817-07-9999
The insurance company must comply with the requirements under Chapter 3 within 12 (twelve) monthsAdministrative RequirementsBank of the Lao PDRDecision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 201811-02-9999
non-life insurance company must keep the surplus assets for sixteen (16) billion kip at the minimumMinimum capital requirementsBusiness competition commissionDecision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 201811-02-9999
Life Insurance company must reserve surplus assets 16 trillion kip at the minimumMinimum capital requirementsBank of the Lao PDRDecision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 201811-02-9999
combine insurance company (life and non-life) must reserve surplus assets 32 trillion kip at the minimumMinimum capital requirementsBank of the Lao PDRDecision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 201811-02-9999
Level 0, Level 1 and Level 2 Measures Also Applicable
Showing 1 - 20 of 840 items
NameTypeAgencyLawValidity
    
Requirement for annual feeFeeBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Requirement to be member of fundOther measuresBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Compensation PaymentsAdministrative RequirementsBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Establishment of the Depositors Protection FundAdministrative RequirementsBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Requirement to audit fundOther measuresBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Requirement to become member of the fundRequirement to subscribe to associationBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Requirement to declare a commercial bank incapable of meeting obligationsOther measuresBank of the Lao PDRRegulation on Depositor Protection Fund No. 283/BoL, dated 30 August 199931-12-9999
Requirement for change of ownership of trademark to be recordedPerformance requirements (non-mandatory)Science Technology and Environment AgencyDecree on Trademarks No. 06/PM, dated 18 January 199531-12-9999
Requirement for trademark assignees to register it in Lao PDRAdministrative RequirementsScience Technology and Environment AgencyDecree on Trademarks No. 06/PM, dated 18 January 199531-12-9999
Requirement to notify this to the authorities that owner of a trademark agreed to allow another person to use itAdministrative RequirementsScience Technology and Environment AgencyDecree on Trademarks No. 06/PM, dated 18 January 199531-12-9999
Requirement for registration of certificate service providersLicensing (based on experience, track record, technical requirements, and/or other)Ministry of Science and TechnologyDecree and Law on Electronic Transaction No. 20/NA, dated 7 December 201231-12-9999
Requirement for threshold to be met to recognise digital certificateOther measuresMinistry of Science and TechnologyDecree and Law on Electronic Transaction No. 20/NA, dated 7 December 201231-12-9999
Requirement to use secure digital signature according to rulesOther measuresMinistry of Science and TechnologyDecree and Law on Electronic Transaction No. 20/NA, dated 7 December 201231-12-9999
Capital requirement by foreigners for investment in general business.Minimum capital requirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Investment Approval ProceduresAuthorization / permit requirements Ministry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Requirement for branches of foreign legal entity to be registeredAdministrative RequirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Requirement for business cooperation contract to be declared and certifiedAdministrative RequirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Requirement for foreign investor in joint venture to contribute minimum capitalMinimum capital requirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Requirement for foreign investors to have minimum capital to purchase land use rightsMinimum capital requirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Requirement for investment in (specific) economic zone to be subject to maximum duration of 99 yearsNumerical restrictions (duration license)Ministry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Related Procedures