Inventory of Business Licenses

General information
Name of formality	Certificate of the Capital Importation
Type of formality	Certificate
Date of last modification	04.05.2020
Responsible Authorities	Monetary Policy Department
LSIC	All sectors
Who should complete this business formality?	Foreign individuals, legal entities and organizations that are legally allowed to invest in Lao PDR must import the capital into Lao PDR and must apply for Certificate of the capital importation in order to operate business in Lao PDR.
Qualifications needed by the business to get the formality	Authorized to invest in accordance with the laws in Lao PDR
Additional Comment

LEGAL FRAMEWORK
Name	Number	Date	Comment
Decision on the Procedure of Importation and Exportation of Fund to Lao PDR and Lending or Loans and Commercial Credits with Foreigner	453/BOL	30.05.2019	ມາດຕາ 05

REQUIRED DOCUMENTS FORMALITIES - First time
Name	Type	Comment
Documents for Importation via Bank Transection and Cash	Confirmative act	- Avis Credit Note or Statement - Permit to Lending from Foreign Countries, issued by the Bank of Lao PDR (in case the capital is a foreign loan) - Cash Declaration from the Customs Authority at the border checkpoint or international immigration (in case of importing cash)
Documents related Assets Importations	Confirmative act	- Copy of Payment Certificate - Copy of Tax Clearance in details
Application Form	Confirmative act	ຕາມແບບພິມຂອງທະນາຄານແຫ່ງ ສປປ ລາວ
Copy of Enterprise Registration Certificate	Confirmative act	and relevant business operating licenses

REQUIRED DOCUMENTS FORMALITIES - Renew
Name	Type	Comment

LIST OF ATTACHED DOCUMENTS FOR FIRST TIME APPLICATION
Type of document	Document Name
Application form	Application Form

 

Mean of presentation
Means of presentation	At the Authority Offices
Address of authority	Monetary Policy Department, Bank of Lao PDR
Processing Time (Day(s))	10

 

RENEWAL INFORMATION
Does the formality have a validity or an expiration date?	YES
How long will the formality be valid for? (in months)	12
What is the process and conditions to get the formality?
What is the process and conditions to renew the formality?	12-month expiration if the capital importation are not complete and No expiration if the capital importation are complete.

 

ISSUING FEES
Has application fees?	Service fees	Certificate fees	Application fees	Total fees
YES	0.00	50000.00	0.00	50000.00
Comments	according to the recommendation of the authority

 

RENEWAL FEES
Has renewal fees?	Service fees	Certificate fees	Renewal fees	Total renewal fees
YES	0.00	50000.00	0.00	50000.00
Comments	according to the recommendation of the authority

   

REQUIRED DOCUMENTS
Document Name	Comment
Documents for Importation via Bank Transection and Cash	- Avis Credit Note or Statement - Permit to Lending from Foreign Countries, issued by the Bank of Lao PDR (in case the capital is a foreign loan) - Cash Declaration from the Customs Authority at the border checkpoint or international immigration (in case of importing cash)
Documents related Assets Importations	- Copy of Payment Certificate - Copy of Tax Clearance in details
Application Form	ຕາມແບບພິມຂອງທະນາຄານແຫ່ງ ສປປ ລາວ
Copy of Enterprise Registration Certificate	and relevant business operating licenses

 

STATISTICS (Issue or/and renewed number)
Year	Issued	Renewed
2016	205	0
2017	209	0
2018	221	0
2019	235	0