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.
Name | Description | Status |
---|---|---|
legal entity must never been dissolved or revoked business operating license | shareholders, director or beneficiary must never been dissolved or revoked business operating license | Active |
Allow to trasfer business operating license to eligible person | Allow 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 days | In case the owner of business operating license is dead, the license shall be transferred to other within 90 days. Otherwise, the license shall be invalid | Active |
Business operating license shall be applied with business name as mentioned in such license only | Business operating license shall be applied to business name as mentioned in such license only | Active |
Business operating license shall be extented prior to its expiration date | Business 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 year | business operation license is valid for 01 year from the date of business approval or from the expiration date of the previous license | Active |
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 license | Fee and service cost to issue business operating license shall be charged in according to the Decree on fee and service cost | Active |
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 years | Individuals who desire to apply business operating license shall be over 18 years | Active |
Legal entity shall be formed as limited company or Public company | if the applicant is legal entity, it shall be formed as limited company or Public company | Active |
must have the residency in lao PDR | Individuals who desire to apply business operating license shall have the residency in Lao PDR | Active |
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 person | Individuals who desire to apply business operating license shall not be bankrupt person | Active |
Must obtian the finacial stability in adequate amount for operating business | Individuals 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 authorities | Active |
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 license | Active |
must recruit at least two specialzed officers | must recruit at least two officers who are specialized or experienced in related field | Active |
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 license | Active |
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 |