Inventory of Business Licenses

Any individual, legal entity, both local and international organization intending to operate a business on import and export precious object such as silver and gold, diamonds, pearls, precious stones, white gold and other items made of precious metals according to the Harmonized System code (HS Code) 7102, 7103, 7104, 7110, 7111, 7113, 7114, 7115 and 7116 Except for gold bars, gold beads, silver bars and silver beads non-ornament managed by the Bank of the Lao PDR and mineral products managed by the Ministry of Energy and Mines

To apply for a business license of import and export precious objects require the following documents to be submitted to the Department of Import and Export:
1.	Completed application in accordance with the format of the Department of Import and Export;
2.	A copy of the enterprise registration certificate and a copy of the application package for enterprise registration;
3.	Statement of business operators and shareholders for ninety days from the business bank and financial certificate from a bank established in Lao PDR.
4.	Criminal Record Certificate of business operators and shareholders according to the conditions stipulated in clause 4, article 5 of this Decision
Article 7 Consideration of issuing a business license

Conditions for suspension are: 
1. Business operators do not fulfill their obligations as stipulated in Article 12 of the Decision;
2. Business operators propose to stop business operations voluntarily;
3. There is a judgment issued bankruptcy by a People's Court or to stop doing business according to the law.