http://erm.gov.la/index.php/en/registration-process
Title | Description | Create Date | Update Date | Issued By | File Download |
---|---|---|---|---|---|
Application for Company Registration | Application for Company Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce | |
Application for Company LTD Registration | Application for Company LTD Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce | |
Application for Public Company Registration | Application for Public Company Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce | |
Application for Partnership LTD Registration | Application for Partnership LTD Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce | |
Application for Ordinary Partnership Registration | Application for Ordinary Partnership Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce | |
Application For Sole Proprietiship Registration | Application For Sole Proprietiship Registration | 2019-11-08 | 2019-11-08 | Ministry of Industry and Commerce |
Name | Measure Type | Agency | Description | Comments | Legal Document | Validity |
---|---|---|---|---|---|---|
Registration Requirement for Domestic Private Investor | Administrative Requirements | Ministry of Industry and Commerce | Domestic 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 2008 | 31-12-9999 |
Requirement for establishing an insurance business: a minimum capital | Minimum capital requirements | Ministry of Finance | An 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 2011 | 31-12-9999 |
Forms of Investment in Construction Businesses | Form of establishment | Ministry of Finance | Investment 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 2009 | 31-12-9999 |
Application to operate as a joint venture company | Joint Venture | Ministry of Finance | A foreign investor may apply to operate an insurance business as a joint venture company in accordance with conditions specified in international agreements which the Lao PDR is a party | - | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 31-12-9999 |
Application for establishment of Finance Leasing Companies | Administrative Requirements | Bank of the Lao PDR | Domestic 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 bank | Administrative Requirements | Bank of the Lao PDR | Any 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 2006 | 31-12-9999 |
Requirement on approved investments | Authorization / permit requirements | Bank of the Lao PDR | A 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 2008 | 31-12-9999 |
Form of Establishment of a Commercial Bank | Form of establishment | Bank of the Lao PDR | A 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 2006 | 31-12-9999 |
Requirements for Requesting Establishment | Administrative Requirements | Bank of the Lao PDR | The applicants for a Licence for a Deposit Taking Microfinance Institution shall apply for a licence to be granted to a limited company, upon proof that the prescribed conditions are satisfied. | - | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 | 31-12-9999 |
Requirement for a license to establish science and technology enterprise | Licensing (based on experience, track record, technical requirements, and/or other) | Ministry of Science and Technology | An 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 2013 | 31-12-9999 |
Requirement to be licensed to operate insurance broker business | Licensing (based on experience, track record, technical requirements, and/or other) | insurance Management Authority | Persons 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 2014 | 31-12-9999 |
Requirements to establish a legal enterprise | Authorization / permit requirements | Ministry of Justice | Individuals 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 2011 | 31-12-9999 |
Form of establishment of securities exchange | Form of establishment | Security Exchange commission | The 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 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 | The 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 2012 | 31-12-9999 |
Minimum Capital Requirement for approval of Audit Company | Minimum capital requirements | Security Exchange commission | The 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 2012 | 31-12-9999 |
Procedure for temporary and permanent license | Administrative Requirements | Security Exchange commission | A 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 2012 | 31-12-9999 |
Requirement for a license to establish a securities exchange | Licensing (based on experience, track record, technical requirements, and/or other) | Security Exchange commission | The establishment of the securities exchange requires a license. | - | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Requirements to incorporate an asset management company | Form of establishment | Security Exchange commission | An 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 2012 | 31-12-9999 |
Establishment of a Books Company | Administrative Requirements | Ministry of Information, Culture and Tourism | Individuals and organizations wishing to establish a books company must submit their application to the relevant sector for authorization to do so in accordance with laws and regulations, detailing the name, objective, targets to serve and feasibility study; Location, vehicles, technical equipment, capital in order to ensure the activities operations; and personnel who has qualifications, knowledge, capability in the field of marketing | - | Law on Publishing No. 05/NA, dated 9 December 2008 | 31-12-9999 |
Establishment of a Company dealing with other printed materials | Administrative Requirements | Ministry of Information, Culture and Tourism | Individuals and organizations wishing to establish a company dealing with other printed materials must submit their application to the relevant sector for authorization to do so in accordance with laws and regulations, detailing the name, objective, targets to serve and feasibility study; Location, vehicles, technical equipment, capital in order to ensure the activities operations; and personnel who has qualifications, knowledge, capability in the field of marketing | - | Law on Publishing No. 05/NA, dated 9 December 2008 | 31-12-9999 |