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Level 1
  81 Financial Services 07

Measures Applicable at this Level Level 0 Measures Also Applicable
Showing 281 - 300 of 346 items
NameTypeAgencyLawValidity
    
Type 2 of Representative office is valid for 1 year Numerical restrictions (duration license)Ministry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201816-09-9999
Type 2 of Representative office shall stop its operation after the MOU or agreemnt between parent company and the government is terminatedAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201816-09-9999
Requirement for representative offices of foregn busininess to be registered, with prohibition on conducting business in Lao PDRForm of establishmentMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Representative office shall stop its operation after parent company is permitted to do investment and register as legal entityAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201816-09-9999
Type 1 of Representative office is valid for 1 year and can be extended for 3 times (1 time/1 year)Numerical restrictions (duration license)Ministry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201816-09-9999
Must inform to the Investment Promotion Department, Ministry of Planning and Investment when the organization is amendedAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
Must inform to the Investment Promotion Department, Ministry of Planning and Investment when the amount of registered capital is amendedAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
Must inform to the Investment Promotion Department, Ministry of Planning and Investment when the amount of Article of Association is amendedAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
Must submit the annual activity report or semi annual activity report (as provided) to the Investment Promotion Department, Ministry of Planning and Investment Administrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
Must open bank account in any commercial bank in lao PDRAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
Must not constitute any other behavior against the law and regulations (Representative)ProhibitionMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201817-09-9999
the official launch of Representative Office must be widely announced to the public through newspaper or any other appropriate media channelsAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201818-09-9999
Must set up location and name of representative office within 60 days from the date getting approval to establish the representative officeAdministrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201818-09-9999
Registered capital shall not be under 50,000 USD Minimum capital requirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201819-09-9999
Requirement for terms of concession investment not to exceed 99 yearsNumerical restrictions (duration license)Ministry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Representative office shall be registered as legal entityForm of establishmentMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201819-09-9999
Representative office must be enterprise or limited company, sole limited company, state enterprise or public companyForm of establishmentMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201819-09-9999
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one Administrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201819-09-9999
For legal entity or company who used to launch representative office in laos, its previous representative office must be closed at lease 3 years before launching the new one Administrative RequirementsMinistry of Planning and InvestmentDecision on Establishment and Management of Representative Office for Foreign Legal Entities in Lao PDR no. 1815/MPI, dated 30 July 201819-09-9999
Requirement to have minimum capital and registered capitalMinimum capital requirementsMinistry of Planning and InvestmentDecree on the Implementation of the Investment Promotion Law No. 119/PM, dated 20 April 201131-12-9999
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