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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 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
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
Level 0, Level 1 and Level 2 Measures Also Applicable
Showing 141 - 160 of 840 items
NameTypeAgencyLawValidity
    
A Legal entity desirous of establishing an insurance agency to be in possession of a contract as an agency with an insurance companyLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
The Lottery business operation approval authorityMonopoly / exclusive service suppliersMinistry of FinanceInstruction of the Minister of Finance on Management of Lottery Business No. 1332, dated 17 June 200931-12-9999
A Legal entity desirous of establishing an insurance agency to be registered in accordance with the laws of Lao PDRLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
A Legal entity desirous of establishing an insurance agency to have a minimum registered capitalMinimum capital requirementsMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
The Use of the Tax Identification Number of TaxpayersAuthorization / permit requirements Ministry of FinanceDecree on the Tax Identification Number No. 354/PM, dated 05 October 200731-12-9999
A Legal entity desirous of establishing an insurance agency to have an official office and organisational structureLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Type, form, sort and contents of the invoiceAdministrative RequirementsMinistry of FinanceDecree on invoice No. 12/PM, dated 23 January 201531-12-9999
A Legal entity desirous of establishing an insurance agency to have never been in a case where an insurance agent's license was terminated within specified period prior to licensing applicationLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Types and fee schedules for document registrationAdministrative RequirementsMinistry of FinanceDECREE on Document Registration No. 52/PM, dated 13 March 199331-12-9999
A Legal entity desirous of establishing an insurance agency to have qualified employeesLicensing (based on qualifications / education)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
A Legal entity desirous of establishing an insurance agency to skilled senior employees with sound technical experienceLicensing (based on qualifications / education)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
A legal entity desirous of operating as a broker to have brokerage contract with an insurance companyLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Payment of Excise Tax by Businesses in more than one locationOther measuresMinistry of FinanceMinisterial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 201431-12-9999
A legal entity desirous of operating as a broker to have deposits similar to an insurance companyLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
A legal entity desirous of operating as a broker to have minimum registered capitalMinimum capital requirementsMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Payment of Income Tax by individuals working in Businesses in more than one locationOther measuresMinistry of FinanceMinisterial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 201431-12-9999
A legal entity desirous of operating as a broker to have never been in a case where its insurance broker license was terminatedLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Payment of Other TaxesOther measuresMinistry of FinanceMinisterial Instruction On Tax Revenue Collection Management No. 3281/MOF, dated 6 October 201431-12-9999
A legal entity desirous of operating as a broker to possess approval for becoming a broker in accordance with national lawsAuthorization / permit requirements Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Requirements for being insurance agent include nationality and residencyNationality and Residency Requirements (for senior personnel)Ministry of FinanceInsurance Law Amended No. 06/NA, dated 21 December 201131-12-9999
Related Procedures