Requirement for foreign investors to have minimum capital to purchase land use rights | Minimum capital requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for foreign investors to purchase land use rights | Land Ownership | Ministry of Planning and Investment | Decree on the Implementation of the Investment Promotion Law No. 119/PM, dated 20 April 2011 | 31-12-9999 |
Requirement for foreign labor to be subjected to conditions | Nationality (for services supplier) | Ministry of Labour and Social Welfare | Amended Labour Law No. 43/NA, dated 24 December 2013 | 31-12-9999 |
Requirement for foreign labour to be registered and receive work permit | Administrative Requirements | Ministry of Labour and Social Welfare | Amended Labour Law No. 43/NA, dated 24 December 2013 | 31-12-9999 |
Requirement for foreigners to receive approval to lease land or receive land subject to concession from the State. | Authorization / permit requirements | Land inspection Authority | Law on Land No. 04/NA, dated 21 October 2003 | 31-12-9999 |
Requirement for forms of business operation of securities companies | Form of establishment | Security Exchange commission | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |
Requirement for importation of foreign labor to be subject to conditions | Nationality (for services supplier) | Ministry of Labour and Social Welfare | Amended Labour Law No. 43/NA, dated 24 December 2013 | 31-12-9999 |
Requirement for individuals and organizations to refrain from harmful conduct | Prohibition | Ministry of Industry and Commerce | Consumer Protection Law No. 02/NA, dated 30 June 2010 | 31-12-9999 |
Requirement for institutions to refrain from opening accounts abroad | Prohibition | Bank of the Lao PDR | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 | 31-12-9999 |
Requirement for insurer to have registered capital and security deposit | Minimum capital requirements | insurance Management Authority | Ministerial Instruction on implmenting the Law on Insurance No. 539/MOF, dated 19 February 2014 | 31-12-9999 |
Requirement for insurers and insurance brokers to create a reserved fund | Minimum capital requirements | Ministry of Finance | Insurance Law Amended No. 06/NA, dated 21 December 2011 | 31-12-9999 |
Requirement for investment in (specific) economic zone to be subject to maximum duration of 99 years | Numerical restrictions (duration license) | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for investments to be within zoned areas | Zoning restrictions | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for investments to take 3 forms | Form of establishment | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for investor to be a legal entity to conduct investment | Form of establishment | Ministry of Planning and Investment | Decree on the Implementation of the Investment Promotion Law No. 119/PM, dated 20 April 2011 | 31-12-9999 |
Requirement for investors other than zone developers to be licensed | Licensing (based on experience, track record, technical requirements, and/or other) | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |
Requirement for IT data to be stored in Lao PDR | Performance requirements (non-mandatory) | Security Exchange commission | Notification Subject: Establishment, development and application of an information technology system in securities companies No. 371/SECO, dated 24 February 2012 | 31-12-9999 |
Requirement for lease or concession of state land to be according to zoned areas | Zoning restrictions | Land inspection Authority | Prime Minister’s Decree on the Leasing of State Land No. 135/PM, dated 25 May 2009 | 31-12-9999 |
Requirement for license fee to operate insurance business | Fee | Ministry of Finance | Insurance Law Amended No. 06/NA, dated 21 December 2011 | 31-12-9999 |
Requirement for license for concession business | Authorization / permit requirements | Ministry of Planning and Investment | Law on Investment Promotion No. 02/NA, dated 8 July 2009 | 31-12-9999 |