Foreign investors in Lao wholesale and retail face capital-based ownership limits on the government record: 100% from 20 billion kip, up to 70% from 10 to below 20 billion kip, and up to 50% from 4 to below 10 billion kip. Fully Lao-owned businesses are not required to get this license. The rules cite a 2015 decision, so confirm them before you plan.
At a Glance
ISSUING AUTHORITY
Department of Industry and Commerce
TYPE
License
LISTED REVIEW TIME
10 days
LISTED VALIDITY
3 years
LISTED FIRST-ISSUE FEE
10,000 kip
LISTED RENEWAL FEE
110,000 kip
SOURCE LAST UPDATED
3 Dec 2020
Who Needs This
Individuals and local or foreign legal entities that intend to conduct wholesale and retail business.
Conditions and thresholds
Foreign equity up to 100%: registered capital of 20 billion kip or more.
Foreign equity up to 70%: 10 to below 20 billion kip, in a joint venture with a domestic investor.
Foreign equity up to 50%: 4 to below 10 billion kip, in a joint venture with a domestic investor.
100% Lao-owned: not required to apply for this license.
Documents to Prepare
The government record lists the following for a first application:
Application Form
Copy of Enterprise Registration Certificate
Instruction Letter from Enterprise Registration and Management Sector
Copy of Application Form for Enterprise Registration of Company Limited
Photo (3×4)
Power of Attorney
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
0
10,000
10,000
Renewal
0
100,000
10,000
110,000
The record says no license fee is set in regulation, with a charge for the application form.
Legal Basis
Instrument
Number
Date
Decision on Wholesale and Retail Business
1005/MOIC.DDT
22 May 2015
Decision on Enterprise Registration
0023/MoIC.DERM
9 Jan 2019
Instruction on Licensing the Business Activities of Industry and Commerce Sector
0045/MoIC.DERM
18 Jan 2019
Decision on the Business Activities of the Ministry of Industry and Commerce that requires Business Operating License
0044/MoIC.DERM
18 Jan 2019
AQQOUNT Guidance
These thresholds shape your whole structure, so check them before choosing a legal form or capital amount. The record does not describe foreign participation below 4 billion kip, so get advice for that case.
The source was last updated on 3 Dec 2020. Confirm the current position with the authority before filing.
Who issues the Wholesale & Retail License in Laos?
The government inventory names the Department of Industry and Commerce as the responsible authority.
How long does it take to get a Wholesale & Retail License in Laos?
The record lists 10 days. Actual timing depends on complete documents and any other approvals.
How much does a Wholesale & Retail License cost in Laos?
The record lists 10,000 kip for first issue. The record says no license fee is set in regulation, with a charge for the application form. Confirm the current amount with the authority.