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 Operation License Requirement for the operation of currency exchange business. | Authorization / permit requirements | Bank of the Lao PDR | Decision On the Determination of Interest Rates of Commercial Banks No. 529/BOL, dated 21 July 2015 | 31-12-9999 |
Business Operation Restriction | Prohibition | Bank of the Lao PDR | Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 2008 | 31-12-9999 |
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 |
Business Registration of Insurance Agents and/or Brokers | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 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 |
Capital requirement for deposit taking microfinance institutions | Administrative Requirements | Bank of the Lao PDR | Decree on Microfinance Institutions No. 460/G, dated 3 October 2012 | 31-12-9999 |
Categorization of services by insurance operators in accordance with provisions of the Ministerial Guidelines on Insurance Business Licensing No 770/MOF | Administrative Requirements | Ministry of Finance | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 | 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 |
Certificate of recommendations from the Ministry of Foreign Affairs to be submutted for projects with foreign donors | Other measures | Bank of the Lao PDR | Decree on Microfinance Institutions No. 460/G, dated 3 October 2012 | 31-12-9999 |
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 |
Collection of required information on wire transfers | Performance requirements (mandatory) | Bank of the Lao PDR | Decision on Money Transfer Transaction with Exceed Value No. 963/BoL, dated 27 November 2015 | 31-12-9999 |
Commercial banks and Foreign Bank Branches are allowed to provide credits in foreign currrencies | Administrative Requirements | Bank of the Lao PDR | Decision on the Abolishment of the Decision on Providing Credit in Foreign Currencies by Commercial Banks no. 422/BOL, dated 30 May 2018 | 11-07-9999 |
Commercial banks selling foreign currency for capital investment abroad | Administrative Requirements | Bank of the Lao PDR | Instruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 2010 | 31-12-9999 |