Inventory of Business Licenses

General information
Name of formality	Application of Paying Contribution for Labour Unit
Type of formality	Other
Date of last modification	02.11.2020
Responsible Authorities	Lao Social Security Organization
LSIC	All sectors
Who should complete this business formality?	Labour unit/enterprise that is a member of the social security organization.
Qualifications needed by the business to get the formality	Labour unit that is registered and a member of the social security organization.
Additional Comment	A labour unit shall notify and send the application form to the social security authority every month by completing the form as required, together with a list of employees under its labour unit and their social security numbers, name and surname, social security contribution ceiling, calculation of the contribution from an employee (6%), the contribution of an employer (5.5%) of each employee, as well as a summary of the total balance.

LEGAL FRAMEWORK
Name	Number	Date	Comment
Law on Social Security (Amended)	54/NA	27.06.2018	Article 90, Clause 3	""

REQUIRED DOCUMENTS FORMALITIES - First time
Name	Type	Comment
Application form of labor unit on the payment of contribution	Confirmative act
List of employees	Confirmative act
Evidence from the bank or cheque	Confirmative act	to prove that the labor unit has transfer the contribution to the bank account of LSSO
Application form for Employee	Confirmative act	for the new recruitment (if any)
Application form for an insured person who returns to work (for any person who has registered before)	Confirmative act	if any
Application form to inform about the resignation of insured person	Confirmative act	if any

REQUIRED DOCUMENTS FORMALITIES - Renew
Name	Type	Comment
This formality is not required to be renewed	Confirmative act

 

Mean of presentation
Means of presentation	At the Authority Offices
Address of authority	National Social Security Fund Office, Ministry of Labor and Social Welfare
Processing Time (Day(s))	30	Once the social security authority receives the application form, the authority will record it into the database immediately to ensure the legitimate social security rights of employees.

 

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?

 

ISSUING FEES
Has application fees?	Service fees	Certificate fees	Application fees	Total fees
NO	0.00	0.00	0.00	0.00
Comments	Free of charge

 

RENEWAL FEES
Has renewal fees?	Service fees	Certificate fees	Renewal fees	Total renewal fees
NO	0.00	0.00	0.00	0.00
Comments	Free of charge

   

REQUIRED DOCUMENTS
Document Name	Comment
Application form of labor unit on the payment of contribution
List of employees
Evidence from the bank or cheque	to prove that the labor unit has transfer the contribution to the bank account of LSSO
Application form for Employee	for the new recruitment (if any)
Application form for an insured person who returns to work (for any person who has registered before)	if any
Application form to inform about the resignation of insured person	if any
This formality is not required to be renewed

 

STATISTICS (Issue or/and renewed number)
Year	Issued	Renewed
2016	180	0
2017	147	0
2018	240	0
2019	245	0
2020	54	0