Licenses library · 550

Permit for Import-Export of Gold (Gold Bars) for International Settlement Payments

国际结算用金条进出口许可

ໃບອະນຸຍາດດຳເນີນທຸລະກິດນຳເຂົ້າ-ສົ່ງອອກ ຄຳ ທີ່ສາກົນນຳໃຊ້ເປັນເຄື່ອງມືຊຳລະລະຫວ່າງປະເທດ (ຄຳແທ່ງ)

Those who get a license to operate a gold import-export business Apply at Foreign Exchange Management Department (021 264590;).

Who needs this

Those who get a license to operate a gold import-export business

Requirements

  1. Having a valid Enterprise Registration Certificate in accordance with relevant laws and regulations of the Lao PDR
  2. Having sufficient registered capitals
  3. Having a suitable location for the office and service security
  4. Never been convicted for fraud or corruption
  5. Never been withdrawn from operating the gold import-export business (the license has never been withdrawn).

Documents — first application

Document Note
Application Form by the BOL
Enterprise Registration Certificate
Curriculum vitae of Managing Director
Business Plan
Financial Status Certificate
Organization Chart of the Enterprise
Location Map of the office
Address Certification
Court Clearence
Power of Attorney (in case the applicant appoints the attorney to proceed with the application)
Passport
Photo (3x4)

Documents — renewal

Document Note
Request Letter to Extend the Business Operating License
Copy of Enterprise Registration Certificate
Business Operating License
Certificate of Annual Tax Payment
Annual Finacial Report Documents
Bank Statement confirming the capital importation
Power of Attorney
Photograph

How to submit

Means of presentation
At the Authority Offices
Processing time
30 The Bank of the Lao PDR will review, consider, and respond to the application for a business license for gold import-export businesses within a period of 30 working days, starting from the date the complete and correct application documents are received.

Validity and renewal

Has an expiry date
YES
Validity
12 months
Renewal process
1 year from January to December. Businesses intending to continue their gold import-export operations must apply for the renewal of their business license with the Foreign Exchange Management Department of the Bank of the Lao PDR at least 30 days before the current license expires.

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