Business operating license on billboard shall be issued for life-time movement of enterprise | Numerical restrictions (duration license) | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 30-09-9999 |
Business operating license shall be extended 30 days prior its expiration date | Administrative Requirements | Ministry of Industry and Commerce | Instruction on Business Operating License for Business Authorities under Industry and Commerce no. 0045/MOIC.ERM, dated 18 January 2019 | 23-09-9999 |
Business operating license, which is not required the technical monitoring and the assessment of periodic movements, shall be issued wihout expiration date | Numerical restrictions (duration license) | Ministry of Industry and Commerce | Instruction on Business Operating License for Business Authorities under Industry and Commerce no. 0045/MOIC.ERM, dated 18 January 2019 | 23-09-9999 |
Business Owner to notify Tax division of reason for temporary cessation | Administrative Requirements | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |
Business Owner to return Certificate of Tax Identification Number in instances of permanent Business cessation | Other measures | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |
Capital importation for foreign investors engaged in general business | Minimum capital requirements | Ministry of Planning and Investment | Law on Investment Promotion (Amended) No.14/NA, dated 17 November 2016 | 31-12-9999 |
Capital requirement by foreigners for investment in general business. | Minimum capital requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Ceasing business shall not allow the entrepreneurs to be relieved from obligation and debt by individuals, legal entities, and government | Prohibition | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 26-09-9999 |
Ceasing to operate business on billboard shall be informed in written to Information, Culture and Tourism sector and industry and commerce sector | Administrative Requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 25-09-9999 |
Collection of detailed data on customers that are legal entities by reporting entities | Administrative Requirements | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Collection of detailed data on customers that are natural persons by reporting entities | Administrative Requirements | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Compliance with technical standard, principles and techniques associated with the production and waste disposal management | Administrative Requirements | Ministry of Health | Law on hygiene, diseasase prevention and health promotion (Amended) No. 08/NA, dated 21 December 2011 | 31-12-9999 |
Conditions for Overseas Investment by Domestic Investors | Other measures | Ministry of Planning and Investment | Law on Investment Promotion (Amended) No.14/NA, dated 17 November 2016 | 31-12-9999 |
Confidentiality | Performance requirements (mandatory) | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Content of billboard with trade mark shall be written or typed In Lao above such mark which is written in english | Administrative Requirements | Ministry of Information, Culture and Tourism | Law on billboard no. 50/NA, dated 21 June 2018 | 02-10-9999 |
Content of Financial Report to be submitted for the Issuance of Tax Payment License/Certificate | Administrative Requirements | Ministry of Finance | Ministerial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 2014 | 31-12-9999 |
Customer Due Diligence measures | Administrative Requirements | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Data Collection on customers’ transactions | Administrative Requirements | National Assembly | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Data record-keeping | Administrative Requirements | Bank of the Lao PDR | Law on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014 | 31-12-9999 |
Date of Payment of Value Added Tax for Domestic Operators | Other measures | Ministry of Finance | Law on Value-Added Tax (Revised Version) No. 52/NA, dated 23 July 2014 | 31-12-9999 |