● Lao-owned · Vientiane · 15 years in the Lao market
LICENSE GUIDE
Cryptocurrency 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
The Bank of the Lao PDR’s Payment Systems Department lists a License for Buying and Selling Cryptocurrency, with a 30-day review, a 36-month validity and a first-issue fee of 25,000,000 kip. The record cites instrument No. 777/BOL of 13 December 2021 and gives few details, so speak with the Bank of the Lao PDR before planning.
At a Glance
ISSUING AUTHORITY
Payment Systems Department
TYPE
License
LISTED REVIEW TIME
30 days
LISTED VALIDITY
3 years
LISTED FIRST-ISSUE FEE
25,000,000 kip
LISTED RENEWAL FEE
1,000,000 kip
SOURCE LAST UPDATED
24 Apr 2024
Who Needs This
Businesses that intend to buy and sell cryptocurrency as a service.
Documents to Prepare
The government record lists the following for a first application:
- Application Form
- Copy of Enterprise Registration Certificate
- Other Related Documents
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 | 20,000,000 | 5,000,000 | 0 | 25,000,000 |
| Renewal | 1,000,000 | 0 | 0 | 1,000,000 |
Legal Basis
| Instrument | Number | Date |
|---|---|---|
| Legal instrument (title not given in the record) | 777/BOL | 13 Dec 2021 |
AQQOUNT Guidance
This is a tightly regulated activity, and the public record has little detail. Ask the Bank of the Lao PDR about current policy and availability, along with conditions, before you commit resources.
The source was last updated on 24 Apr 2024. Confirm the current position with the authority before filing.
See all Finance & Insurance licenses, or open the official record: License for Buying and Selling Cryptocurrency.
Frequently Asked Questions
Who issues the Cryptocurrency License in Laos?
The government inventory names the Payment Systems Department as the responsible authority.
How long does it take to get a Cryptocurrency License in Laos?
The record lists 30 days. Actual timing depends on complete documents and any other approvals.
How much does a Cryptocurrency License cost in Laos?
The record lists 25,000,000 kip for first issue. Confirm the current amount with the authority.
How long is a Cryptocurrency License valid?
The record lists a validity of 3 years.
Related Guides
Need This License?
AQQOUNT can confirm current requirements with the authority, prepare your file and manage the application.