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License to Provides Services Related to the Mining Business

ໃບອະນຸຍາດ ດຳເນີນທຸລະກິດໃຫ້ການບໍລິການ ທີ່ຕິດພັນກັບທຸລະກິດກ່ຽວກັບແຮ່ທາດ

General information
Name of formality License to Provides Services Related to the Mining Business
Type of formality License
Date of last modification 10.12.2020
Responsible Authorities Mine Management Department
LSIC B - Mining and quarrying
Who should complete this business formality?
- Legal entities intending to conduct the business of providing services related to the mining business must submit an application for the establishment of an enterprise in accordance with the Law on Enterprises and the Law on Investment Promotion (in accordance with Article 41 of the revised Law on Mines, paragraph 2).
- For those who have obtained a mining license under the concession agreement, will automatically receive a license to trade minerals and mineral products according to their request. (Article 5, Decision on Trade of Minerals and Mineral Products, No. 0481/MOEM, dated 20 April 2012)
Qualifications needed by the business to get the formality
1. Be a legal entity
2. Have an investment license (in the case of controlled business activity such as mining consultancy services and mining processing factory without a concession area)
3. Have a financial status of at least 30 percent of the registered capital
4. Have at least 3 technical staff with at least 5 years of experience
5. Have a mineral purchase agreement with the concession owner (in case of applying for a mineral trading license)
6. Have a sales contract (in case of applying for a mineral trading license)
7. Have a place or storage of minerals that meet the technical standards (in case of applying for a mineral trading license)

Items 5, 6, 7 are in accordance with Article 7 of the Decision on Trade in Minerals and Mineral Products, No. 0481/MOEM, dated 20 April 2012
Additional Comment

                                                    

LEGAL FRAMEWORK
Name Number Date Comment
Presidential Ordinance on Fees and Service Fees 003/PO 26.12.2012 Article 18
Law on Mineral (Amended) 31/NA 03.11.2017 Part IV, Article 41
Order on the Purchase - Sale of Minerals and Mineral Products 0481/MOEM 20.04.2012 Chapter II, Article 4 to Article 8

REQUIRED DOCUMENTS FORMALITIES - First time
Name Type Comment
Address Certification Confirmative act
                                                                        of the director and all technical staffs (with the official seal) 
Employment Contract Confirmative act
                                                                        of all technical staffs 
Photo (3x4) Confirmative act
                                                                        3 photos of the director 
List of Vehicle Confirmative act
                                                                        and equipment 
Address Certificate of the Office Confirmative act
                                                                         
Lease Agreement Confirmative act
                                                                        in case the office is rented 
Location Map of the Office Confirmative act
                                                                         
List of Employees Confirmative act
                                                                         
Financial Status Certificate Confirmative act
                                                                        with the financial transaction statement 
Mineral Purchase and Sale Agreement Confirmative act
                                                                        if applying for Purchase-Sale Permit 
Letter of Intention to Trade Mineral & Mineral Products Confirmative act
                                                                        if applying for Purchase-Sale Permit 
Request Letter Confirmative act
                                                                         
Enterprise Registration Certificate Confirmative act
                                                                         
Investment License Confirmative act
                                                                        if the business activity s in listed under the controlled list such as the mine consulting service and value-added industrial plant that does not have a concession area 
Internal Regulations Confirmative act
                                                                         
Organization Chart Confirmative act
                                                                         
Safety Regulations in Operation of the Company Confirmative act
                                                                         
Shareholders Agreement Confirmative act
                                                                        between partner (from the Ministry of Industry and Commerce) 
Shareholder's Regulation Confirmative act
                                                                        if any 
Curriculum Vitae Confirmative act
                                                                        4 pages 
Passport Confirmative act
                                                                        or Family Registration/ID (of all directors and staffs) 
Education Qualification Evidence Confirmative act
                                                                        or Employment Certificate (for the director (if any), for technical staff (it is mandatory)) 

REQUIRED DOCUMENTS FORMALITIES - Renew
Name Type Comment
Proposal Letter to Renew License Confirmative act
                                                                         
Performance Report of the Previous Year Confirmative act
                                                                         
Certificate of Annual Tax Payment Formality
                                                                         
The Expired License Confirmative act
                                                                         
 
Mean of presentation
Means of presentation At the Authority Offices
Address of authority Mine Department, Ministry of Energy and Mines
Processing Time (Day(s)) 30 - The consideration for the issuance of a license is not defined in any legislation. But as advised by the authority, it shall take about 30 days. - Exemption from mineral trading activities will take 10 days for consideration in accordance with Decision No. 0481/MOEM, dated 20 April 2012.
 
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 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 0.00 300000.00 0.00 300000.00
Comments
Pursuant to the Presidential Ordinance No. 003/PO, Article 18.
If a mining license is issued, there will be no separate fees for this license
 
RENEWAL FEES
Has renewal fees? Service fees Certificate fees Renewal fees Total renewal fees
YES 0.00 300000.00 0.00 300000.00
Comments
Pursuant to the Presidential Ordinance No. 003/PO, Article 18.
If a mining license is issued, there will be no separate fees for this license.
     
 

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