Certificate for the Establishment of Branch of Lao Enterprise
ໃບທະບຽນວິສາຫະກິດຂອງສາຂາຂອງວິສາຫະກິດ (ນິຕິບຸກຄົນ) ພາຍໃນປະເທດ
| 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 |
A parent enterprise shall be the enterprise which has been established in accordance with the laws of Lao PDR. |
|
| Additional Comment |
The Branch of Lao Enterprise could be established only if it is indicated in the establishment certificate of the parent enterprise by registration authorities where a parent enterprise is registered. The Branch of Lao Enterprise will be suspended as follow: 1. The Branch of Lao Enterprise could not operate within 90 days after the certificate is issued. 2. The Branch of Lao Enterprise violates the contract with the government, or other relevant regulations, and laws. |
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| REQUIRED DOCUMENTS FORMALITIES - First time | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Application Form | a template by the Ministry of Industry and Commerce, 3 copies |
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| Assignment Letter from the Parent Company to a Branch | including capital (fixed capital and working capital) that the parent company gives to the branches, signed by the director or the manager of the parent enterprise, 3 copies |
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| Enterprise Registration Certificate | original ERC from parent enterprise |
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| List of Employees | list of employees in the branch, singed by the director or manager of the parent enterprise. This list should include full name, nationality, position (if there are sectors), copies of ID. In case the foreigner is hired, it should be comply with the relevant regulations and laws. Submit 3 sets of 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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| Location Confirmation of Enterprise | of the branch office, 3 copies |
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| REQUIRED DOCUMENTS FORMALITIES - Renew | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Mean of presentation | ||
|---|---|---|
| Means of presentation | At the Authority Offices, Online | |
| 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 Establishment 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 | 10000.00 | 100000.00 | 0.00 | 110000.00 |
| Comments |
Refer to Notice No. 1617/MOIC, Dated 28/08/2013 |
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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. |
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