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Business Operating License on Import and Export (Vehicle)

ໃບອະນຸຍາດດຳເນີນທຸລະກິດນຳເຂົ້າ ແລະ ສົ່ງອອກ (ພາຫະນະ)

General information
Name of formality Business Operating License on Import and Export (Vehicle)
Type of formality License
Date of last modification 01.06.2020
Responsible Authorities Department of Freign Trade
(021452452; 021454224;)
LSIC G - Wholesale and retail trade; repair of motor vehicles and motorcycles
Who should complete this business formality?
Any individual, legal entity, both local and international organization intending to operate a business on import and export land vehicles.
Qualifications needed by the business to get the formality
In order to import the vehicles, the business has to follow: 
Article 12: The Business Registration Certificate for Business on Import and Export Land Vehicles
Any individual, legal entity, both local and international organizations intending to operate a business on import and export land vehicles shall have a business registration certificate (according to the Law on Enterprise and other relevant legal frameworks). 
The registered capital of enterprise on import and export vehicles are: 
1. More than 4 billion LAK for vehicles with 2 or 3 wheels;
2. More than 50 billion LAK for vehicles with 4 wheels and more.

Article 13: the Business Operating License on Import and Export Land Vehicles
After receiving the business registration certificate and before operating the business, the business operating license on import and export land vehicles shall be granted in accordance with the regulations of the Ministry of Industry and Commerce. 
In order to apply for the license, all required documents shall be submitted. 
Additional Comment
Prior to the approval of the license, the DIMEX shall receive the official email from the parent company.

LEGAL FRAMEWORK
Name Number Date Comment
Decree on Management of Land Transport Business 470/GOV 27.12.2019
Decision on the Business Activities of the Ministry of Industry and Commerce that requires Business Operating License 0044/MoIC.DERM 18.01.2019
Instruction on Licensing the Business Activities of Industry and Commerce Sector 0045/MoIC.DERM 18.01.2019

REQUIRED DOCUMENTS FORMALITIES - First time
Name Type Comment
Application Form Confirmative act
                                                                         
Enterprise Registration Certificate Confirmative act
                                                                        Original version
 
Photo (3x4) Confirmative act
                                                                        This is not indicated in the Decree 470
 
Power of Attorney from Parent Company or Branch Office Confirmative act
                                                                         
Instruction Letter from DERM Confirmative act
                                                                        Except for the enterprise that already has the certificate and has not modified the content of the certificate. In this case, the applicant can directly submit the application package to DERM without a recommendation. 

REQUIRED DOCUMENTS FORMALITIES - Renew
Name Type Comment
 
Mean of presentation
Means of presentation At the Authority Offices
Address of authority Phonxay Road Phonxay Village Saysettha District, P.O.Box 4107 Lao PDR
Processing Time (Day(s)) 5 Refer to the Decree on the Management of Land Vehicles Business, No.470/GOV, dated 27 December 2019 in Article 13 stated that after receiving all required documents, the relevant authority will issue the Business Operating License on Import and Export vehicles within 5 working days.
 
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 get the formality?
What is the process and conditions to renew the formality? The license has no term, therefore the renewal is not needed.
 
ISSUING FEES
Has application fees? Service fees Certificate fees Application fees Total fees
YES 50000.00 0.00 0.00 50000.00
Comments
the Decree of Prisident No. 002/PO on the Fees and Service Charges
 
RENEWAL FEES
Has renewal fees? Service fees Certificate fees Renewal fees Total renewal fees
YES 50000.00 0.00 0.00 50000.00
Comments
N/A
     
 

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