Inventory of Business Licenses

General information
Name of formality	Business Visa (NI-B2 ຫລື I-B2)
Type of formality	Other
Date of last modification	01.11.2017
Responsible Authorities	Consulate Department
LSIC	All sectors
Who should complete this business formality?	Foreign businesspeople and their family members who come to invest or collect business information in Lao PDR.
Qualifications needed by the business to get the formality	1.Enterprises invested by foreign investors must be established in accordance with the laws of the Lao PDR; 2. Foreign investors must be a director or shareholder in the enterprise registration certificate or in accordance with the regulation of the enterprise.
Additional Comment	The information of this formality is from the review of relevant laws and regulations. However, the information has not yet verified by the related authority. Please contact the Consulate Department for more information.

LEGAL FRAMEWORK
Name	Number	Date	Comment
Law on Entry-Exit and Management of Foreigners in Lao PDR	59/NA	26.12.2014	Chapter 4 Types and the Issuance of Visa (Article 19 to 22)

REQUIRED DOCUMENTS FORMALITIES - First time
Name	Type	Comment
Request Letter	Confirmative act
Certificate of Annual Tax Payment	Formality
Copy of Passport	Confirmative act
Certificate for Enterprise Registration of Company Limited	Formality
Stay Permit for Foreign Investor	Formality

REQUIRED DOCUMENTS FORMALITIES - Renew
Name	Type	Comment

 

Mean of presentation
Means of presentation	At the Authority Offices
Address of authority	Consulate Department, Ministry of Foreign Affairs
Processing Time (Day(s))	6	Relevant law does not specify the consideration period for visa issuance, but the authorities state that in the case of having complete documents, the consideration period shall take 3 working days per visa. Moreover, it needs to apply for 2 visas which are 1) a single entry visa in order to apply for a work permit and stay permit; and 2) a multiple entry visa.

 

RENEWAL INFORMATION
Does the formality have a validity or an expiration date?	YES
How long will the formality be valid for? (in months)	60
What is the process and conditions to get the formality?
What is the process and conditions to renew the formality?	In normal cases, visas are issued for a period of 12 months, except for foreign investors who conduct business concessions and are promoted under the Investment Promotion Law, the visa will have a maximum period of 60 months.

 

ISSUING FEES
Has application fees?	Service fees	Certificate fees	Application fees	Total fees
YES	20000.00	1200000.00	25000.00	1245000.00
Comments	According to the Presidential Ordinance No. 003/PO, there will be a visa on arrival ranging from $ 20-42 depending on the country of origin (according to Notification No. 256/MOFA.CD1, dated 25 February 2009) - The service fee for issuing a visa on arrival is 5,000 LAK per person, and the service fee for visas issued at embassies and consulates abroad is 20,000 LAK per copy.

 

RENEWAL FEES
Has renewal fees?	Service fees	Certificate fees	Renewal fees	Total renewal fees
YES	20000.00	1200000.00	25000.00	1245000.00
Comments	According to the Presidential Ordinance No. 003/PO, there will be a visa on arrival ranging from $ 20-42 depending on the country of origin (according to Notification No. 256/MOFA.CD1, dated 25 February 2009) - The service fee for issuing a visa on arrival is 5,000 LAK per person, and the service fee for visas issued at embassies and consulates abroad is 20,000 LAK per copy.

   

REQUIRED DOCUMENTS
Document Name	Comment
Request Letter
Certificate of Annual Tax Payment
Copy of Passport
Certificate for Enterprise Registration of Company Limited
Stay Permit for Foreign Investor

 

STATISTICS (Issue or/and renewed number)
Year	Issued	Renewed
2017	1000	0