●  Lao-owned · Vientiane · 15 years in the Lao market

LICENSE GUIDE

Accounting Firm License in Laos

Who needs it, the listed documents and fees, processing time and legal basis, from the Lao government’s license inventory.

QUICK ANSWER

An accounting enterprise in Laos needs a license from the Ministry of Finance’s Accounting Department. Conditions include an applicant who is an accounting expert and Chamber of Accountants and Auditors member, and at least 3 accounting experts with a Higher Diploma. The record treats this as a controlled activity, so it must be checked before registration.

At a Glance

ISSUING AUTHORITY
Accounting Department
TYPE
License
LISTED REVIEW TIME
10 days
LISTED VALIDITY
No expiry listed
LISTED FIRST-ISSUE FEE
500,000 kip
LISTED RENEWAL FEE
None listed
SOURCE LAST UPDATED
4 Jan 2018

Who Needs This

Individuals or legal entities intending to establish or cooperate with accounting enterprises in Laos.

Conditions and thresholds

  • The applicant is an accounting expert and a member of the Chamber of Accountants and Auditors.
  • The applicant is not a government officer, or an owner, shareholder or employee of another auditing enterprise.
  • No discipline or conviction related to fraud or financial misconduct.
  • At least 3 accounting experts with at least a Higher Diploma.

Documents to Prepare

The government record lists the following for a first application:

  • Court clearance
  • Address Certification
  • Certificate of Auditor
  • Power of Attorney
  • Evidence of Capital Contribution
  • Certificate of Delegation from Accounting Parent Company
  • Curriculum vitae
  • Company's Regulations
  • Photograph of the Managing Director
  • Certificate of Appointment of Responsible Person in Lao PDR from the Parent Company
  • Request Letter
  • Education Certificate
  • Membership Card or Certificate of Membership to Professional Accountants Organization
  • Employment Certificate (in Accountants and/or Auditors)
  • Identification Card or Passport
  • Family Registration Book
  • Location Confirmation of Enterprise
  • Business Operation Report of the Parent Company
  • Contract of Incorporation
  • Feasibility study

The authority may ask for more, and foreign documents may need translation or notarization.

Fees and Timing

Service (kip)Certificate (kip)Application (kip)Total (kip)
First issue0500,0000500,000

The record cites Article 8 of Presidential Ordinance 003/PO.

Counted from receipt of the application from the Industry and Commerce sector. Listed time: 10 days.

NED now cites Ordinance 002/PO (2021) for registration fees, so confirm the current amount here too.

Legal Basis

InstrumentNumberDate
Law on Independent Audit51/NA22 Jul 2014
Presidential Ordinance on Fees and Service Fees003/PO26 Dec 2012

AQQOUNT Guidance

Sequence matters: the record says this review comes before enterprise registration, followed by registration with the Chamber. See our controlled business guide for the wider framework.

This government record was last updated on 4 Jan 2018. Confirm the conditions, documents and fees with the authority before you rely on them.

See all Professional Services licenses, or open the official record: License to Operate Accounting Enterprise.

Frequently Asked Questions

Who issues the Accounting Firm License in Laos?
The government inventory names the Accounting Department as the responsible authority.
How long does it take to get a Accounting Firm License in Laos?
The record lists 10 days. Counted from receipt of the application from the Industry and Commerce sector. Actual timing depends on complete documents and any other approvals.
How much does a Accounting Firm License cost in Laos?
The record lists 500,000 kip for first issue. The record cites Article 8 of Presidential Ordinance 003/PO. Confirm the current amount with the authority.
How long is a Accounting Firm License valid?
The record does not list an expiry date.

Related Guides

01Audit Firm License in Laos
Related requirements and next steps.
02Controlled Business in Laos
Related requirements and next steps.
03Professional Services Licenses
See all related formalities.

Need This License?

AQQOUNT can confirm current requirements with the authority, prepare your file and manage the application.