The Inventory of Business Formalities (IBF)
To scope the inventory, all business formalities are grouped into the following 3 main types:
• The operating licenses, meaning any formality required and without which business cannot operate in Lao PDR (i.e. Power Operating License, Processing Plant Operating License);
• The formalities needed for certain activities and needed as a pre-requisite conditions before the application of the operating licenses (i.e. Construction Permit, Environmental Compliance Certificate, Capital Importation Certificate), and
• Other kind of formalities that the laws required the submission of information or document to the relevant authorities (i.e. the Registration of the intellectual property rights or the Registration of Medicine or Cosmetics).
The IBF is organized into a series of cross-relational databases which include detailed information on each formality such as name, purpose, qualifications needed, official fees, responsible authority, legal framework, supporting documents required by the authority and statistics (i.e. the yearly frequency).
In total 208 formalities have been collected, which are listed in the separate file below.
|THE TENTH PACKAGE OF COMMITMENT UNDER THE ASEAN FRAMEWORK AGREEMENT ON SERVICES “For the Lao PDR” [Latest]||International|
|Study Report on Impact of ASEAN Economic Integration for Lao PDR, 2018 [Latest]||General|
|Datasheet for business formalities. Technical Assistance for Business Regulation Review and Rationalization in Lao PDR [Latest]||General|
|Implications of Liberalizing Professional Services: Legal, Accountancy, and Engineering Services in Lao PDR [Latest]||General|
|Study on Possible Impacts of the World Trade Organization Accession on Distribution Services in Lao PDR [Latest]||General|
|Implications of WTO Accession for Insurance Sector of Laos||General|
|Final Consolidated Report: Development of Insurance Sector in Lao PDR||General|
|A Needs Assessment: The Implementation of The ASEAN MRAS in Lao PDR||General|
|Final Sector Assessment Report to the Ministry of Industry and Commerce Compliance with Trade Commitments and the Implementation of Regulatory Best Practice in the Telecommunications Sector||General|
|Regulatory Assessment of Services Trade and Investment: Improving Services Regulation in The Lao People’s Democratic Republic||General|