● Lao-owned · Vientiane · 15 years in the Lao market
LICENSE GUIDE
Concession Investment 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
Concession activities in Laos, such as land concessions, aviation and mining, need a concession investment license through the one-stop service. Applicants must show business experience, and financial capacity endorsed by a financial institution. The record lists a 65-day review and a 370,000 kip fee, but cites the 2016 investment law, since amended by Law No. 62/NA.
At a Glance
ISSUING AUTHORITY
Investment Promotion Department
TYPE
Other
LISTED REVIEW TIME
65 days
LISTED VALIDITY
50 years
LISTED FIRST-ISSUE FEE
370,000 kip
LISTED RENEWAL FEE
100,000 kip
SOURCE LAST UPDATED
19 Jan 2018
Who Needs This
Legal entities that intend to invest in activities under a state concession.
Conditions and thresholds
- Proven business experience and success, confirmed by relevant agencies.
- Financial status and source of funds endorsed by a domestic or foreign financial institution.
- Sector-specific qualifications, for example for hydropower or mining.
Documents to Prepare
The government record lists the following for a first application:
- Copy of Passport of the Managing Director
- Power of Attorney (in case the applicant appoints the attorney to proceed with the application)
- Court clearance
- Copy of Enterprise Registration Certificate
- Curriculum vitae
- Joint Venture Agreement
- Financial Certification and active bank balance statement of at least 90 days backwards
- Feasibility Study
- Environmental and Social Impact Assessment
- Copy of ID card or Family book of Managing Director
- Article of Association
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 issue | 0 | 320,000 | 50,000 | 370,000 |
| Renewal | 0 | 100,000 | 0 | 100,000 |
The record says laws do not define these charges and they follow the authority’s advice.
Legal Basis
| Instrument | Number | Date |
|---|---|---|
| Law on Promotion of Investment (Revised) | 14/NA | 17 Nov 2016 |
This record cites the 2016 investment law. That law has since been amended by Law No. 62/NA (2024), so the amended law takes priority where the two differ.
AQQOUNT Guidance
Read this with our concession investment guide, which follows the amended law. Expect environmental, land and sector approvals alongside the license.
This government record was last updated on 19 Jan 2018. Confirm the conditions, documents and fees with the authority before you rely on them.
See all All Businesses licenses, or open the official record: License for Investment in Concession Business.
Frequently Asked Questions
Who issues the Concession Investment License in Laos?
The government inventory names the Investment Promotion Department as the responsible authority.
How long does it take to get a Concession Investment License in Laos?
The record lists 65 days. Actual timing depends on complete documents and any other approvals.
How much does a Concession Investment License cost in Laos?
The record lists 370,000 kip for first issue. The record says laws do not define these charges and they follow the authority’s advice. Confirm the current amount with the authority.
How long is a Concession Investment License valid?
The record lists a validity of 50 years.
Related Guides
Need This License?
AQQOUNT can confirm current requirements with the authority, prepare your file and manage the application.