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License to Operate a Digital Technology Business

ໃບອະນຸຍາດດຳເນີນທຸລະກິດດ້ານເຕັກໂນໂລຊີດິຈິຕ໋ອນ

General information
Name of formality License to Operate a Digital Technology Business
Type of formality License
Date of last modification 22.07.2020
Responsible Authorities
LSIC
Who should complete this business formality?
Any individual, legal entity, or organization that intends to operate a digital technology business: 1. provision of digital technology services such as Information Technology (IT), Software Development, safety standards for information technology system (Cloud, computing, Big Data, Block Chain, Data Center, Robotics...); 2. Consultancy service on digital technology; 3. Importing technical equipment and software system relating to digital technology; and 4. Provision of digital technology training.
Qualifications needed by the business to get the formality
1. Having a Business Registration Certificate from the Ministry of Industry and Commerce; 2. Having no history of fraud, not in the process of bankruptcy, not under foreclosure or conviction in a similar case; 3. Having sufficient secure funds in the bank; and 4. Having an appropriate set-up location for operating the business.
Additional Comment

                                                    

LEGAL FRAMEWORK
Name Number Date Comment
Law on Science and Technology 30/NA 19.07.2013 Article 1, 2,​ 3, 54, 55

REQUIRED DOCUMENTS FORMALITIES - First time
Name Type Comment
Power of Attorney (in case the applicant appoints the attorney to proceed with the application) Confirmative act
                                                                         
Location Map of the Enterprise Confirmative act
                                                                         
Certificate for Enterprise Registration of Company Limited Formality
                                                                         
Certificate of Tax Registration ID  Confirmative act
                                                                         
Technical Report Confirmative act
                                                                        information about the service system 
Application Form Confirmative act
                                                                         
Copy of ID card or Family book of Managing Director Confirmative act
                                                                        or passport 

REQUIRED DOCUMENTS FORMALITIES - Renew
Name Type Comment
 
Mean of presentation
Means of presentation At the Authority Offices
Address of authority
Processing Time (Day(s)) 15 Relevant laws do not define how long the review process will take, but the authorities informed that the normal process shall not exceed 15 working days.
 
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 get the formality?
What is the process and conditions to renew the formality?
 
ISSUING FEES
Has application fees? Service fees Certificate fees Application fees Total fees
YES 500000.00 100000.00 0.00 600000.00
Comments
As advised by the authorities
 
RENEWAL FEES
Has renewal fees? Service fees Certificate fees Renewal fees Total renewal fees
NO 300000.00 100000.00 0.00 400000.00
Comments
As advised by the authorities
     
 

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