Permit for Import-Export of Gold (Gold Bars) for International Settlement Payments
ໃບອະນຸຍາດດຳເນີນທຸລະກິດນຳເຂົ້າ-ສົ່ງອອກ ຄຳ ທີ່ສາກົນນຳໃຊ້ເປັນເຄື່ອງມືຊຳລະລະຫວ່າງປະເທດ (ຄຳແທ່ງ)
| General information | ||
|---|---|---|
| Type of formality | License | |
| Date of last modification | 03.08.2020 | |
| Responsible Authorities | Foreign Exchange Management Department
(021 264590;) |
|
| LSIC | G - Wholesale and retail trade; repair of motor vehicles and motorcycles | |
| Who should complete this business formality? |
Those who get a license to operate a gold import-export business |
|
| Qualifications needed by the business to get the formality |
1. Having a valid Enterprise Registration Certificate in accordance with relevant laws and regulations of the Lao PDR; 2. Having sufficient registered capitals; 4. Having a suitable location for the office and service security; 5. Never been convicted for fraud or corruption; 6. Never been withdrawn from operating the gold import-export business (the license has never been withdrawn). |
|
| Additional Comment | ||
| REQUIRED DOCUMENTS FORMALITIES - First time | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Application Form | by the BOL |
|||
| Enterprise Registration Certificate | ||||
| Curriculum vitae of Managing Director | ||||
| Business Plan | ||||
| Financial Status Certificate | ||||
| Organization Chart of the Enterprise | ||||
| Location Map of the office | ||||
| Address Certification | ||||
| Court Clearence | ||||
| Power of Attorney (in case the applicant appoints the attorney to proceed with the application) | ||||
| Passport | ||||
| Photo (3x4) | ||||
| REQUIRED DOCUMENTS FORMALITIES - Renew | ||||
|---|---|---|---|---|
| Name | Comment | |||
| Request Letter to Extend the Business Operating License | ||||
| Copy of Enterprise Registration Certificate | ||||
| Business Operating License | ||||
| Certificate of Annual Tax Payment | ||||
| Annual Finacial Report Documents | ||||
| Bank Statement confirming the capital importation | ||||
| Power of Attorney | ||||
| Photograph | ||||
| Mean of presentation | ||
|---|---|---|
| Means of presentation | At the Authority Offices | |
| Address of authority | ||
| Processing Time (Day(s)) | 30 | The Bank of the Lao PDR will review, consider, and respond to the application for a business license for gold import-export businesses within a period of 30 working days, starting from the date the complete and correct application documents are received. |
| RENEWAL INFORMATION | ||
|---|---|---|
| Does the formality have a validity or an expiration date? | YES | |
| How long will the formality be valid for? (in months) | 12 | |
| What is the process and conditions to renew the formality? | 1 year from January to December. Businesses intending to continue their gold import-export operations must apply for the renewal of their business license with the Foreign Exchange Management Department of the Bank of the Lao PDR at least 30 days before the current license expires. | |
| ISSUING FEES | ||||
|---|---|---|---|---|
| Has application fees? | Service fees | Certificate fees | Application fees | Total fees |
| YES | 0.00 | 5000000.00 | 200000.00 | 5200000.00 |
| Comments |
The technical service fee is 0.01% of the registered capital, but it shall not exceed 5,000,000,000 kip |
|||
| RENEWAL FEES | ||||
|---|---|---|---|---|
| Has renewal fees? | Service fees | Certificate fees | Renewal fees | Total renewal fees |
| YES | 2000000.00 | 0.00 | 0.00 | 2000000.00 |
| Comments | ||||
