Certificate for Enterprise Registration of Sole Company Limited
ໃບທະບຽນວິສາຫະກິດຂອງບໍລິສັດຈຳກັດຜູ້ດຽວ
| General information | ||
|---|---|---|
| Type of formality | Certificate | |
| Date of last modification | 23.12.2020 | |
| 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 sole company limited will be suspended as follow: 1. The sole company limited could not operate within 90 days after the certificate is issued. 2. The sole company limited violates the contract with the government, or other relevant regulations, and laws. |
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| LEGAL FRAMEWORK | ||||
|---|---|---|---|---|
| Name | Number | Date | Comment | |
| Presidential Ordinance on Fees and Service Fees | 003/PO | 26.12.2012 | Chapter II, Article 11 | |
| Decision on Enterprise Registration | 0023/MoIC.DERM | 09.01.2019 | ||
| REQUIRED DOCUMENTS FORMALITIES - First time | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Copy of ID / family registry / passport | a passport of shareholder or manager (for foreigners only). Submit 3 copies |
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| Application Form for Enterprise Registration of Sole Company Limited | a template by the Ministry of Industry and Commerce, 3 copies |
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| Photo (3x4) | 3 photos of the manager will be used in the ERC. Photos should be taken within 3 months |
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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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| List of Business Activities | 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 |
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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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| Commitment Letter after Receiving an Enterprise Registration Certificate | a template by the Ministry of Industry and Commerce, 3 copies |
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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 | 80000.00 | 0.00 | 0.00 | 80000.00 |
| Comments |
80,000 LAK with an additional certificate fee based on the registered capital of the Enterprise as follows: 1. Registered Capital of less than 1 Million LAK, no fee. 2. Registered Capital of more than 1 Million to 10 Million LAK, certificate fee is 20,000 LAK 3. Registered Capital of more than 10 Million to 20 Million LAK, certificate fee is 50,000 LAK 4. Registered Capital of more than 20 Million to 50 Million LAK, certificate fee is 100,000 LAK 5. Registered Capital of more than 50 Million to 100 Million LAK, certificate fee is 300,000 LAK 6. Registered Capital of more than 100 Million to 400 Million LAK, certificate fee is 500,000 LAK 7. Registered Capital of more than 400 Million to 1 Billion LAK, certificate fee is 1,000,000 LAK 8. Registered Capital of more than 1 Billion to 10 Billion LAK, certificate fee is 2,600,000 LAK 9. Registered Capital of more than 10 Billion to 20 Billion LAK, certificate fee is 4,000,000 LAK 10. Registered Capital more than 20 Billion LAK, certificate fee is 6,000,000 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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