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Category
Procedure

Procedure Name
Procedures on Business registration and operation.

Description
General Information for Enterprise Registration procedures

http://erm.gov.la/index.php/en/registration-process



*This procedure was drafted by LSP development team for your usage please refer to our terms and conditions

The following form/s are used in this procedure Title
Showing 1 - 6 of 6 items
TitleDescriptionCreate DateUpdate DateIssued ByFile Download
Application for company registrationApplication for company registration2017-08-302017-08-30Ministry of Industry and Commerce
Application on registration form for company LTDApplication on registration form for company LTD2017-03-162017-03-16Ministry of Industry and Commerce
Mix company application formMix company application form2017-08-302017-08-30Ministry of Industry and Commerce
LTD partnership application formLTD partnership application form2017-03-162017-03-16Ministry of Industry and Commerce
Ordinary Partnership Application FormOrdinary Partnership Application Form2017-03-162017-03-16Ministry of Industry and Commerce
Sole propriatiship application formSole propriatiship application form2017-03-162017-03-16Ministry of Industry and Commerce

This procedure applies to the following measures
Showing 1 - 20 of 29 items
NameMeasure TypeAgencyDescriptionCommentsLegal DocumentValidity
Form of establishment of securities exchangeForm of establishmentSecurity Exchange commissionThe securities exchange can be established in the form of a limited company or a public company, except as a one-person limited company.-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Incorporation and operation requirements for approval of audit companyLicensing (based on experience, track record, technical requirements, and/or other)Security Exchange commissionThe approval of an audit company shall be subject to it having been incorporated and operating in Lao PDR for at least three years prior to the submission of application to the SC. In case an audit company has been merged with other company(ies), such merger shall have occurred for more than six months-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Investment Approval ProceduresAuthorization / permit requirements Ministry of Planning and InvestmentThere are investment approval procedures that must be undertaken in the registration of a business enterprise-Law on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Licensing Requirement to provide telecommunications servicesLicensing (based on experience, track record, technical requirements, and/or other)Ministry of Posts and TelecommunicationsThere are four categories of licensing to operate
telecommunication services
-Law on Telecommunication (Amended) No. 09/NA, dated 21 December 201131-12-9999
Minimum Capital Requirement for approval of Audit CompanyMinimum capital requirementsSecurity Exchange commissionThe approval of an audit company shall be subject to having
a minimum registered capital of not less than one billion Kip
-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Procedure for temporary and permanent licenseAdministrative RequirementsSecurity Exchange commissionA temporary certificate to the securities company
will be issued within 30 days from the date of
application. A permanent certificate of incorporation is issued within 30 days from meeting all additional
conditions.
-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Requirement for a license to establish a securities exchangeLicensing (based on experience, track record, technical requirements, and/or other)Security Exchange commissionThe establishment of the securities exchange requires a license.-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Requirement for a license to establish science and technology enterpriseLicensing (based on experience, track record, technical requirements, and/or other)Ministry of Science and TechnologyAn operating permit must be received to establish a science and technology enterprise by fulfilling criteria including technical certification.-Law on Science and Technology No. 30/NA, dated 19 July 201331-12-9999
Requirement for a registration to establish telecommunications enterprisesAdministrative RequirementsMinistry of Posts and TelecommunicationsA domestic and foreign individual, legal entity or organization wishing to establish a telecommunication enterprise must file an application for establishment and registration. The article specifies a list of operations of a telecommunication enterprise that require approval from the Ministry-Law on Telecommunication (Amended) No. 09/NA, dated 21 December 201131-12-9999
Requirement for establishing an insurance business: a minimum capitalMinimum capital requirementsMinistry of FinanceAn individual or legal entity wishing to establish
an insurance business must have registered capital and
security deposit
-Insurance Law Amended No. 06/NA, dated 21 December 201131-12-9999
Requirement to be licensed to operate insurance broker businessLicensing (based on experience, track record, technical requirements, and/or other)insurance Management AuthorityPersons who wish to operate an insurance broker
business must possess authorized license.
-Ministerial Instruction on implmenting the Law on Insurance No. 539/MOF, dated 19 February 201431-12-9999
Requirements to establish a legal enterpriseAuthorization / permit requirements Ministry of JusticeIndividuals and legal entities entitled to apply to
establish a legal enterprise must obtain authorization to operate a legal enterprise from the Ministry of Justice.
-Law on Lawyers No. 010/NA, dated 21 December 201131-12-9999
Requirements to incorporate an asset management companyForm of establishmentSecurity Exchange commissionAn asset management company can be
incorporated in the form of a limited company or a
public company, except as a one-person limited
company. A foreign asset management company
can be incorporated in the form of a sole investment or joint investment with the financial institution(s) incorporated nationally or a branch office or a representative office that is approved.
-Law on Securities No. 21/NA, dated 10 December 201231-12-9999
Filing of Notification for Enterprise RegistrationAdministrative RequirementsEnterprise Management and Inspection AuthorityAny person intending to conduct business in the Lao PDR shall file a notification for enterprise registration with the concerned enterprise registration authority of the industrial and trade sector, unless otherwise specified in the relevant laws and regulations.-Law on Enterprises No. 46/NA, dated 23 December 201331-12-9999
Registration Requirement for Domestic Private InvestorAdministrative RequirementsMinistry of Industry and CommerceDomestic private investor wishing to establish an enterprise as an individual or legal entity which is a sole trader enterprise, partnership enterprise or company, shall apply for an enterprise registration certificate from the enterprise registration office in compliance with the Enterprise Law-Instruction of the Minister of Industry and Commerce regarding the Declaration for Enterprise Registration in accordance with the Enterprise Law No. 0995/MOIC, dated 19 June 200831-12-9999
Application for establishment of Finance Leasing CompaniesAdministrative RequirementsBank of the Lao PDRDomestic juristic entities seeking to establish a Finance Lease Company must apply to the Bank of the Lao PDR, and foreign entities to the Foreign Investment Promotion and Management Committee-Decree On Financial Leasing No. 11/PM, dated 18 February 1999 31-12-9999
Application to operate a commercial bankAuthorization / permit requirements Bank of the Lao PDRAny person or organisation that wishes to establish a commercial bank shall submit an application to the Bank of the Lao PDR for a license-Law On Commercial Banks No. 03/NA, dated 26 December 200631-12-9999
Form of Establishment of a Commercial BankForm of establishmentBank of the Lao PDRA commercial bank shall be established and operated as any form of company, except a one-person limited company-Law On Commercial Banks No. 03/NA, dated 26 December 200631-12-9999
Forms of Investment in Construction BusinessesForm of establishmentMinistry of FinanceInvestment in construction businesses can take the form of an individual enterprise, partnership enterprise or company, in keeping with Article 10 of the Law on Enterprise.-Law On Construction No. 05/NA, dated 26 November 200931-12-9999
Requirement on approved investmentsAuthorization / permit requirements Bank of the Lao PDRA Savings and Credit Union shall only invest in investments that have been approved by the Bank of Lao PDR-Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 200831-12-9999