Certificate for Enterprise Registration of Company Limited
ໃບທະບຽນວິສາຫະກິດຂອງບໍລິສັດຈຳກັດ
| General information | ||
|---|---|---|
| Type of formality | Certificate | |
| Date of last modification | 01.09.2020 | |
| Responsible Authorities | Department of Enterprise Registration
(021 412011;) |
|
| LSIC | All sectors | |
| Who should complete this business formality? |
Those who intend to invest or conduct business in Lao PDR. |
|
| Qualifications needed by the business to get the formality |
N/A |
|
| Additional Comment |
The company limited will be suspended as follow: 1. The company limited could not operate within 90 days after the certificate is issued. 2. The company limited violates the contract with the government, or other relevant regulations, and laws. |
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| REQUIRED DOCUMENTS FORMALITIES - First time | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Photo (3x4) | 3 photos of the enterprise's owner will be used in the ERC. Photos should be taken within 3 months |
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| List of Business Activities | a template by the Ministry of Industry and Commerce, 3 copies |
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| Shareholder Resolution | a template by the Ministry of Industry and Commerce, 3 copies |
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| Copy of ID / family registry / passport | 3 copies |
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| Application Form for Enterprise Registration of Company Limited | a template by the Ministry of Industry and Commerce, 3 copies |
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| Commitment Letter after Receiving an Enterprise Registration Certificate | 3 copies |
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| Curriculum Vitae of the Investor or Foreigner | a template by the Ministry of Industry and Commerce, 3 copies |
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| Establishment of Company Limited | a template by the Ministry of Industry and Commerce, 3 copies |
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| Power of Attorney (in case the applicant appoints the attorney to proceed with the application) | a template by the Ministry of Industry and Commerce, 3 copies |
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| Power of Attorney from Parent Enterprise | in case of legal entity registers the enterprise, it is required to have a power of attorney from a parent company, the ERC of the parent company with Lao translation (translated by the registered translation company). Submit 3 sets of all these documents together with the application form and Agreement of Establishment of Company Limited |
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| REQUIRED DOCUMENTS FORMALITIES - Renew | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Mean of presentation | ||
|---|---|---|
| Means of presentation | At the Authority Offices | |
| Address of authority | Department of Enterprise Registration, Ministry of Industry and Commerce | |
| Processing Time (Day(s)) | 10 | Refer to the Decision on Enterprise Registration of Ministry of Industry and Commerce, No.0023/PSO.DERM issued on 09 January 2019; the Certificate for Enterprise Registration shall be issued no later than 10 working days after receiving documents. |
| RENEWAL INFORMATION | ||
|---|---|---|
| Does the formality have a validity or an expiration date? | NO | |
| How long will the formality be valid for? (in months) | 0 | |
| What is the process and conditions to renew the formality? | The Enterprise Registration Certificate has no term. It will be issued once throughout the period of business operation (unless there is any change in the content of the certificate). | |
| ISSUING FEES | ||||
|---|---|---|---|---|
| Has application fees? | Service fees | Certificate fees | Application fees | Total fees |
| YES | 90000.00 | 0.00 | 0.00 | 90000.00 |
| Comments |
90,000 LAK with an additional payment of the certificate fee based on the registered capital of the Enterprise as follows: - Registered Capital of less than 1 Million LAK, no fee - Registered Capital of more than 1 Million to 10 Million LAK, certificate fee of 20,000 LAK - Registered Capital of more than 10 Million to 20 Million LAK, certificate fee of 50,000 LAK - Registered Capital of more than 20 Million to 50 Million LAK, certificate fee of 100,000 LAK - Registered Capital of more than 50 Million to 100 Million LAK, certificate fee of 300,000 LAK - Registered Capital of more than 100 Million to 400 Million LAK, certificate fee of 500,000 LAK - Registered Capital of more than 400 Million to 1 Billion LAK, certificate fee of 1,000,000 LAK - Registered Capital of more than 1 Billion to 10 Billion LAK, certificate fee of 2,000,000 LAK - Registered Capital of more than 10 Billion to 20 Billion LAK, certificate fee of 3,000,000 LAK - Registered Capital more than 20 Billion LAK, certificate fee of 5,000,000 LAK |
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| RENEWAL FEES | ||||
|---|---|---|---|---|
| Has renewal fees? | Service fees | Certificate fees | Renewal fees | Total renewal fees |
| NO | 0.00 | 0.00 | 0.00 | 0.00 |
| Comments |
The Enterprise Registration Certificate cannot be renewed unless there is a change in the content of the certificate, and the fee is 40,000 LAK. In addition, if there is a change in registered capital, the fee shall be collected depending on the registered capital of the enterprise as defined above. |
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