Inventory of Business Licenses

General information
Name of formality	Capital Export Permit
Type of formality	Other
Date of last modification	31.07.2020
Responsible Authorities	Monetary Policy Department
LSIC
Who should complete this business formality?	Individuals, legal entities and organizations in Lao PDR that intend to export the capital.
Qualifications needed by the business to get the formality	Received the permission to invest offshore from the related sector.
Additional Comment

LEGAL FRAMEWORK
Name	Number	Date	Comment
Decision on the Procedure of Importation and Exportation of Fund to Lao PDR and Lending or Loans and Commercial Credits with Foreigner	453/BOL	30.05.2019

REQUIRED DOCUMENTS FORMALITIES - First time
Name	Type	Comment
Bank Statement confirming the capital importation	Confirmative act	of the previous 3 years
Certificate of the Capital Importation	Formality	to operate a business in Lao PDR in the most recent year (for a legal entity that is a foreign investor)
Certificate of Annual Tax Payment	Formality	copy
Permit to Invest in Securities Exchange in Foreign Countries	Confirmative act	issued by LSCO (in case it is an investment in securities in foreign countries)
Application Form	Confirmative act	by BOL
Copy of Enterprise Registration Certificate	Confirmative act	and business operating license (for a legal entity)
Permit to Invest in Foreign Country	Confirmative act	issued by the Ministry of Planning and Investment (in case it is a direct investment in a foreign country)
Plan on Capital Transfer in Quarter/Year	Confirmative act	including the amount of capital to transfer

REQUIRED DOCUMENTS FORMALITIES - Renew
Name	Type	Comment

 

Mean of presentation
Means of presentation
Address of authority	Monetary Policy Department, Bank of Lao PDR
Processing Time (Day(s))	10

 

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
YES	0.00	50000.00	0.00	50000.00
Comments	According to the comments from authority

 

RENEWAL FEES
Has renewal fees?	Service fees	Certificate fees	Renewal fees	Total renewal fees
NO	0.00	0.00	0.00	0.00
Comments	According to the comments from authority

   

REQUIRED DOCUMENTS
Document Name	Comment
Bank Statement confirming the capital importation	of the previous 3 years
Certificate of the Capital Importation	to operate a business in Lao PDR in the most recent year (for a legal entity that is a foreign investor)
Certificate of Annual Tax Payment	copy
Permit to Invest in Securities Exchange in Foreign Countries	issued by LSCO (in case it is an investment in securities in foreign countries)
Application Form	by BOL
Copy of Enterprise Registration Certificate	and business operating license (for a legal entity)
Permit to Invest in Foreign Country	issued by the Ministry of Planning and Investment (in case it is a direct investment in a foreign country)
Plan on Capital Transfer in Quarter/Year	including the amount of capital to transfer

 

STATISTICS (Issue or/and renewed number)
Year	Issued	Renewed
2017
2016	2	0
2018	1	0
2019	2	0