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Service
Level 1
  81 Financial Services 07

Level 2
  813, 814 Other Financial Services 07C

Level 3
  813,814 Other Financial Services 07Ca

Measures Applicable at this Level
Showing 1 - 12 of 12 items
NameTypeAgencyLawValidity
    
Currency exchange operators are prohibited to operate business outside the licensed premisesProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
Prohibited to exchange the currencies directly with commercial banks, individuals or legal entities which are located in oversea. ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited from setting, posting, implementing and conducting currency trading at the exchange rate contrary to the regulations set by the Bank of the Lao PDRProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited from conducting currency trading contrary to BOLProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited from currency trading in excess of its registered limits per day;ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited from opening its own bank saving account in overseas.ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited from using the expired enterprise registration certificate;ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202015-10-9999
prohibited to provide service for selling only or buying only ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202016-10-9999
prohibited to delay the exchange rate announcement and currency trading ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202016-10-9999
prohibited to relocate the premises without the approval ProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202016-10-9999
prohibited from providing their own enterprise registration certificates to someone elseProhibitionMinistry of HealthDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202016-10-9999
prohibited from using their personal or any other bank account to conduct currency tradingProhibitionBank of the Lao PDRDecision on Currency Exchange Business No. 393/BoL, dated 02 July 202016-10-9999
Level 0, Level 1 and Level 2 Measures Also Applicable
Showing 1 - 20 of 840 items
NameTypeAgencyLawValidity
    
Annual supervision fee is requiredFeeBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Approved lease or concession of state owned land is zonedZoning restrictionsLand inspection AuthorityInstruction As regards the implementation of decree on state-owned land approval for lease or concession No. 20/PMO.NLMA, dated 9 April 201031-12-9999
Capital requirement by foreigners for investment in general business.Minimum capital requirementsMinistry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Duration for Business Establishment or Project OperationNumerical restrictions (duration license)Land inspection AuthorityPrime Minister’s Decree on the Leasing of State Land No. 135/PM, dated 25 May 200931-12-9999
Foreign currency required to be recorded into national currencyPerformance requirements (mandatory)Bank of the Lao PDRRegulation on Loan Classification requirement for Commercial Banks which are under the Supervision of the Bank of the Lao PDR No. 06/BoL, dated 11 May 200431-12-9999
Foreign investor may form joint venture or totally ownedforeign owned companyForm of establishmentinsurance Management AuthorityMinisterial Instruction on implmenting the Law on Insurance No. 539/MOF, dated 19 February 201431-12-9999
Form of establishment of securities exchangeForm of establishmentSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Incorporation and operation requirements for approval of audit companyLicensing (based on experience, track record, technical requirements, and/or other)Security Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Investment Approval ProceduresAuthorization / permit requirements Ministry of Planning and InvestmentLaw on Investment Promotion No. 02/NA, dated 8 July 200931-12-9999
Joint venture between insurance company and insurance broker and foreign investor allowedForm of establishmentMinistry of FinanceInsurance Law Amended No. 06/NA, dated 21 December 201131-12-9999
Licensing requirements to incorporate an asset management companyLicensing (based on experience, track record, technical requirements, and/or other)Security Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Limitation placed on duration of land lease for foreignersNumerical restrictions (duration license)Land inspection AuthorityLaw on Land No. 04/NA, dated 21 October 200331-12-9999
Membership of association requirement for approving Audit CompanyRequirement to subscribe to associationSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Minimum Capital Requirement for approval of Audit CompanyMinimum capital requirementsSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Mobilisation of foreign funds requires approvalAuthorization / permit requirements Bank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Procedure for temporary and permanent licenseAdministrative RequirementsSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Prohibition of sending Lao labor overseas in dangerous work conditionsProhibitionMinistry of Labour and Social WelfareAmended Labour Law No. 43/NA, dated 24 December 201331-12-9999
Prohibition on activities conducted by issuers and listed companiesProhibitionSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Prohibitions for Asset Management Companies and Fund ManagersProhibitionSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Prohibitions for Securities Companies and Securities ProfessionalsProhibitionSecurity Exchange commissionLaw on Securities No. 21/NA, dated 10 December 201231-12-9999
Related Procedures