License to Operate Fuel Depot Rental Business
ໃບອະນຸຍາດດໍາເນີນທຸລະກິດໃຫ້ເຊົ່າສາງນໍ້າມັນເຊື້ອໄຟ
| General information | ||
|---|---|---|
| Type of formality | License | |
| Date of last modification | 09.01.2018 | |
| Responsible Authorities | Department of Internal Trade
(021412436;) |
|
| LSIC | D - Electricity, gas, steam and air conditioning supply | |
| Who should complete this business formality? |
Those who intend to operate a fuel depot rental business in Lao PDR. |
|
| Qualifications needed by the business to get the formality |
- Have a license for operating a fuel depot rental business. - Invest and disburse the registered capital as specified in Article 7, clause 1.4 of Decree No. 331/PM. - Hold accounts in accordance with the laws - Have a fuel depot in compliance with the technical construction, and capacity to store the fuel for 500,000 liters or over. - Have at least 1 staff per 1 depot who obtained a certificate of fuel depot safety and security training - Have insurance in accordance with the insurance law. - Have a registered capital of 2,000,000,000 LAK or more, including the working capital of 500,000,000 LAK or more. |
|
| Additional Comment | ||
| REQUIRED DOCUMENTS FORMALITIES - First time | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Environmental Compliance Certificate (ECC) | ||||
| Certificate for Enterprise Registration of Company Limited | ||||
| Construction Permit | ||||
| Certificate of Fire Safety Inspection for Fuel Depot | ||||
| Certificate for the Membership Enrolment in Fuel Association | ||||
| Enterprise Registration Certificate | ||||
| Certificate of Tax Registration ID | ||||
| Photo (3x4) | 2 photos of the director or manager |
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| Certificate of Construction Accuracy | ||||
| List of Assets of the Company | including the list of fuel depot |
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| Social and Environment Certificate | of the fuel depot |
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| Bank Account | with a bank in Lao PDR |
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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 Internal Trade, Ministry of Industry and Commerce | |
| Processing Time (Day(s)) | 20 | The review process for the issuance of the license is defined in the legislation. |
| RENEWAL INFORMATION | ||
|---|---|---|
| Does the formality have a validity or an expiration date? | YES | |
| How long will the formality be valid for? (in months) | 36 | |
| What is the process and conditions to renew the formality? | The renewal application shall be submitted 90 days prior to its expiry date as the following conditions: - Have a license for operating a fuel depot rental business. - Invest and disburse the registered capital as specified in Article 7, clause 1.4 of Decree No. 331/PM. - Hold accounts in accordance with the laws. - Have a fuel depot in compliance with the technical construction, and capacity to store the fuel for 500,000 liters or over. - Have at least 1 staff per 1 depot who obtained a certificate of fuel depot safety and security training - Have insurance in accordance with the insurance law. | |
| ISSUING FEES | ||||
|---|---|---|---|---|
| Has application fees? | Service fees | Certificate fees | Application fees | Total fees |
| NO | 0.00 | 0.00 | 0.00 | 0.00 |
| Comments |
Currently, there is no fee collected and defined in any legal act. |
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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 |
Currently, there is no fee collected and defined in any legal act. |
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