Decision on Wholesale and Retail No. 1005/IC.DTE
22 May 2015, Lao PDR

We are pleased to inform you that, as of now, the Lao Government have opened up the market for foreign investors who wish to invest the in Lao PDR; especially in wholesale and retail business activities.

 

This is because the “Decision on Wholesale and Retail Business No. 0977/IC.DTR”, dated 18 May 2012, has been replaced by the “Decision on Wholesale and Retail No. 1005/IC.DTE”, dated 22 May 2015. For your information, we would like to furnish you with the main or significant parts of the said Decision on Wholesale and Retail No. 1005/IC.DTE, dated 22 May 2015.

 

Foreign Investors (both individuals and legal entities) are eligible to operate or carry out the business of wholesale and retail activities in Lao PDR with the following conditions:

 

1. A foreign investor is eligible to trade from premises which are located in a shopping centre or specially built premises allowed by the Government authority.

 

2. A foreign person, having the registered capital of LAK 20,000,000,000 (twenty billion kip) - equivalent to USD 2,500,000 (two million, five hundred thousand dollars) or equivalent to Baht 80,000,000 (eighty million baht) - is eligible to invest 100% in wholesale and retail business actives.

 

3. A foreign person, having the registered capital of less than LAK 20,000,000,000 (twenty billion kip) but not less than LAK 4,000,000,000 (four billion kip), is required to join with a Lao investor with the following conditions:

 

• having the registered capital of less than LAK 20,000,000,000 (twenty billion kip) but not less than LAK 10,000,000,000 (ten billion kip), is eligible to hold a maximum of up to 70% shares of the company; and

 

• having the registered capital of less than LAK 10,000,000,000 (ten billion kip) but not less than LAK 4,000,000,000 (four billion kip), is eligible to hold a maximum of up to 50% shares in the company.

 

The said Decision on Wholesale and Retail No. 1005/IC.DTE, dated 22 May 2015, is effective from 11 June 2015.

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