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Legal Document
Title: Decision on Business Operating License under Public Works and Transportation Sector no. 17582/MPWT, dated 08 August 2018
Type: Decision
Responsible Agency: Ministry of Public Works and Transport
Issuing Date: 2019-05-24
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This decision enhances business operation standard for enterprises and business units with the aim of supporting governmental sector to provide the services to all citizen promptly and transparently, generating job opportunities, contributing to national social-economic development, and promoting the implementation of development plan policy made by public works and transportation sector intermittently.





Download Lao:Decision on Business Operating License under Public Works and Transportation Sector no. 17582/MPWT, dated 08 August 2018


List Measures Related to Legal Documents
NameDescriptionStatus
legal entity must never been dissolved or revoked business operating licenseshareholders, director or beneficiary must never been dissolved or revoked business operating licenseActive
Allow to trasfer business operating license to eligible personAllow to transfer business operating license to eligible person in according to Article 5 under this decision after obtaining the approval from related authorities Active
Business operating license of dead owner shall be transferred within 90 daysIn case the owner of business operating license is dead, the license shall be transferred to other within 90 days. Otherwise, the license shall be invalidActive
Business operating license shall be applied with business name as mentioned in such license onlyBusiness operating license shall be applied to business name as mentioned in such license onlyActive
Business operating license shall be extented prior to its expiration dateBusiness operating license shall be extended prior to its expiration date. After applying for the extension, the applicant is obtained the business operating authorization. Unless, there is any comment from the central, provincial or district office level of post and Active
business operation license is valid for 01 yearbusiness operation license is valid for 01 year from the date of business approval or from the expiration date of the previous licenseActive
Director must be specialized in the field of the business which apply for operating license Director must be specialized in the field of the business which apply for operating license Active
Fee and serivce cost to issue business operating licenseFee and service cost to issue business operating license shall be charged in according to the Decree on fee and service costActive
In case the business operating license is missing, enterprise shall apply for a new one within 30 days In case the business operating license is missing, enterprise shall apply for a new one within 30 days with a fee described.Active
Individuals who desire to aply business operating license shall be over 18 yearsIndividuals who desire to apply business operating license shall be over 18 yearsActive
Legal entity shall be formed as limited company or Public companyif the applicant is legal entity, it shall be formed as limited company or Public companyActive
must have the residency in lao PDRIndividuals who desire to apply business operating license shall have the residency in Lao PDRActive
Must inform the related authorities 30 days before ceasing operation or closing down the business,Business, who desire to cease operation or close down its business, shall inform related authorities 30 days prior.Active
Must never been revoked business operating license Individuals who desire to apply business operating license must never been revoked business operating license Active
Must not be a bankrupt personIndividuals who desire to apply business operating license shall not be bankrupt personActive
Must obtian the finacial stability in adequate amount for operating businessIndividuals or legal entities, both domestic and international, desire to apply for business operating license related to public works and transport must obtain the financial stability in adequate amount for operating business. All contributed asset must be certified by relevant authoritiesActive
must re-apply for new business operating license after the expiration date of the previous one.In case business operating license is expired after 20 days, the business shall re-apply for new business operating licenseActive
must recruit at least two specialzed officersmust recruit at least two officers who are specialized or experienced in related fieldActive
Not allow any business to apply more than 1 business operating license for the same type of business activities or apply in many places. Not allow any business to apply more than 1 business operating license for the same type of business activities or apply in many places. Businesses shall apply business operating license in according to the classification of business activity. Otherwise, such business shall be fined or rovoked its licenseActive
Shall attend the offices of industry and commerce at the central, provincial, or district office level to register the business. After the registration, shall apply for business operation license from Public works and transport sector.Individual, who desire to operate business in public works and transpot sector, need to attend the offices of industry and commerce at the central, provincial, or district office level to register its business. After the registration, such individual shall apply for business operation license from Public work and transpot sector.Active