Inventory of Business Licenses

General information
Name of formality	Permit to Establish a Representative Office
Type of formality	Other
Date of last modification	27.12.2017
Responsible Authorities	Investment Promotion Department
LSIC	All sectors
Who should complete this business formality?	A foreign legal entity intending to establish a representative office that is the office representing the parent company to study investment opportunities and to liaise with various parties, both public and private sectors in Lao PDR.
Qualifications needed by the business to get the formality	1. The business activities that the representative office intends to operate in Lao PDR shall be consistent with the business operations of the parent company; 2. The parent company must have been a legal entity for 1 year or more under foreign laws.
Additional Comment

LEGAL FRAMEWORK
Name	Number	Date	Comment
Law on Promotion of Investment (Revised)	14/NA	17.11.2016	Chapter 7 (Article 55 and 56)

REQUIRED DOCUMENTS FORMALITIES - First time
Name	Type	Comment
Power of Attorney	Confirmative act
Application Form	Confirmative act
Copy of Enterprise Registration Certificate	Confirmative act
Copy of Passport	Confirmative act
Curriculum vate	Confirmative act
Financial Certification and active bank balance statement of at least 90 days backwards	Confirmative act
Lease Agreement for the Office Location	Confirmative act
Article of Association	Confirmative act
List of Employees	Confirmative act
List of Asset	Confirmative act
Location Map of the Enterprise	Confirmative act

REQUIRED DOCUMENTS FORMALITIES - Renew
Name	Type	Comment

LIST OF ATTACHED DOCUMENTS FOR FIRST TIME APPLICATION
Type of document	Document Name
Application form	​Application Form for Opening of a Representative office

 

Mean of presentation
Means of presentation	At the Authority Offices
Address of authority	Investment Promotion Department, Ministry of Planning and Investment
Processing Time (Day(s))	15

 

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?	The renewal of the permit can only be renewed twice (1-year validity each time).

 

ISSUING FEES
Has application fees?	Service fees	Certificate fees	Application fees	Total fees
YES	50000.00	320000.00	50000.00	420000.00
Comments	Relevant laws (including the presidential Ordinance) do not define fees and service charges, but the authority informs that the total fee is 420,000 LAK.

 

RENEWAL FEES
Has renewal fees?	Service fees	Certificate fees	Renewal fees	Total renewal fees
YES	0.00	100000.00	0.00	100000.00
Comments	Relevant laws (including the presidential Ordinance) do not define fees and service charges, but the authority informs that the renewal fee is 100,000 LAK per time.

   

REQUIRED DOCUMENTS
Document Name	Comment
Power of Attorney
Application Form
Copy of Enterprise Registration Certificate
Copy of Passport
Curriculum vate
Financial Certification and active bank balance statement of at least 90 days backwards
Lease Agreement for the Office Location
Article of Association
List of Employees
List of Asset
Location Map of the Enterprise

 

STATISTICS (Issue or/and renewed number)
Year	Issued	Renewed
2016