Licenses library · 166
Certificate of Annual Tax Payment
年度完税证明
ໃບຢັ້ງຢືນການມອບພັນທະອາກອນປະຈຳປີ
Any legal entity and organizations that operate a business, consume products and services in Lao PDR and overseas that are obligated to pay the tax under the law of Lao PDR. Apply at Tax Department.
Who needs this
Any legal entity and organizations that operate a business, consume products and services in Lao PDR and overseas that are obligated to pay the tax under the law of Lao PDR.
Requirements
- Applicants must pay their taxes in full and submit their annual financial statements by March 31 of the following year.
Documents — first application
| Document | Note |
|---|---|
| Application Form | |
| Photo (3x4) | 2 photos (taken within 3 months) |
| Report on Full-Scale Calculation and Inspection of the Previous Year | 1 copy |
| Financial Report of the Previous Year | In case that the payment has not been paid for years, make a report and submit altogether (3 copies) |
| Table of Tax Payment in Each Type | in case that the payment is done in the province, make a copy of all types of tax payment (1 copy) |
| Report on Results of Tax Payment | 1 copy |
| Minutes on Inspection and Counting of Products in Warehouse | 1 copy |
| Bank Statement | |
| Bank Account | |
| Other documents from related sectors | a copy of the latest update |
| Location Map of the Company | With a signature of the village administration (in case of the company is relocated) |
Legal framework
- Law on Tax Management (Amended)
- Law on Income Tax
- Law on Value-Add Tax (VAT) (Amended)
- Regulation on Certificate of Tax Payment
How to submit
- Means of presentation
- At the Authority Offices
- Address of authority
- Tax Department, Ministry of Finance
- Processing time
- 5 The certificate of annual tax payment must be issued within 5 working days from the date of receipt of the complete documents that meet all requirements. (Tax Payment Certificate Regulation 1025/MoF, 03 April 2019, article 11)
Validity and renewal
- Has an expiry date
- YES
- Validity
- 12 months
- Renewal process
- Valid for one year from January 1st to December 31st of each year and must be documented with full tax payment to be submitted to the authority.
Additional comment
1. Director General of the Tax Department approves the Large businesses that operate at a strategically national level, with foreign relations, multi-stakeholder, multi-professional, group of companies, business ventures that provide public services, business ventures that implement large government projects or concessions, such as mining, electricity, and some venture capital more than 20 billion kip that has a stable income. 2. Director of the tax department (provincial and capital) will approve the large business units allocated by the central level and medium-size business units that operate strategically in the province/capital. 3. The head of the district tax office is responsible for managing the medium-size business unit as assigned, including the small business unit assigned to the village to manage the tax collection.