Annual supervision fee is required | Fee | Bank of the Lao PDR | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 | 31-12-9999 |
Approved lease or concession of state owned land is zoned | Zoning restrictions | Land inspection Authority | Instruction As regards the implementation of decree on state-owned land approval for lease or concession No. 20/PMO.NLMA, dated 9 April 2010 | 31-12-9999 |
Capital requirement by foreigners for investment in general business. | Minimum capital requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Duration for Business Establishment or Project Operation | Numerical restrictions (duration license) | Land inspection Authority | Prime Minister’s Decree on the Leasing of State Land No. 135/PM, dated 25 May 2009 | 31-12-9999 |
Foreign currency required to be recorded into national currency | Performance requirements (mandatory) | Bank of the Lao PDR | Regulation on Loan Classification requirement for Commercial Banks which are under the Supervision of the Bank of the Lao PDR No. 06/BoL, dated 11 May 2004 | 31-12-9999 |
Foreign investor may form joint venture or totally ownedforeign owned company | Form of establishment | insurance Management Authority | Ministerial Instruction on implmenting the Law on Insurance No. 539/MOF, dated 19 February 2014 | 31-12-9999 |
Form of establishment of securities exchange | Form of establishment | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Incorporation and operation requirements for approval of audit company | Licensing (based on experience, track record, technical requirements, and/or other) | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
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 |
Joint venture between insurance company and insurance broker and foreign investor allowed | Form of establishment | Ministry of Finance | Insurance Law Amended No. 06/NA, dated 21 December 2011 | 31-12-9999 |
Licensing requirements to incorporate an asset management company | Licensing (based on experience, track record, technical requirements, and/or other) | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 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 |
Membership of association requirement for approving Audit Company | Requirement to subscribe to association | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Minimum Capital Requirement for approval of Audit Company | Minimum capital requirements | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Mobilisation of foreign funds requires approval | Authorization / permit requirements | Bank of the Lao PDR | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 | 31-12-9999 |
Procedure for temporary and permanent license | Administrative Requirements | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Prohibition of sending Lao labor overseas in dangerous work conditions | Prohibition | Ministry of Labour and Social Welfare | Amended Labour Law No. 43/NA, dated 24 December 2013 | 31-12-9999 |
Prohibition on activities conducted by issuers and listed companies | Prohibition | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Prohibitions for Asset Management Companies and Fund Managers | Prohibition | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Prohibitions for Securities Companies and Securities Professionals | Prohibition | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |