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License to Operate a Security Enterprise
保安企业经营许可证
ໃບອະນຸຍາດດຳເນີນທຸລະກິດຮັກສາຄວາມປອດໄພ
Any individual and legal entity born as a Lao national, intending to operate a security services enterprise in Lao PDR Apply at Security Enterprise Management Organization.
Who needs this
Any individual and legal entity born as a Lao national, intending to operate a security services enterprise in Lao PDR
Requirements
- Having a minimum of registered capital for one billion LAK and a cash deposit account in the bank for five hundred million LAK or more.
- Born as a Lao national and holds at least 51% of the registered capital in the case of a joint venture.
- The CEO or chairman of the board of directors shall be a Lao national born.
- Having an office location and accommodation for security guards. If there is a training center, there shall be more than 200 security guards.
- Having a radio communication center registered with the related agencies.
- Having service vehicles such as transport for security guards, patrol car, and safety equipment for security guards.
Documents — first application
| Document | Note |
|---|---|
| Curriculum Vitae | - authenticated by the public security authorities in village, district and province - foreign investors are required to submit their CVs with the authenticated by the embassy or relevant authorities in their respective countries |
| Court Clearence | - issued within 3 months - Foreign investors have to submit the criminal records from their respective countries |
| Request Letter to Operate Security Enterprise | |
| Statement of Financial Stability | |
| Copy of ID | 1 copy |
| Family Registration Book | 1 copy |
| Education Certificate | |
| Feasibility study | |
| Location Map | of the enterprise's office |
| Certificate of Ownership of Buildings or Area | that will be used to operate security service business |
| Power of Attorney to use the venue or Lease Agreement | |
| photo (4x6) | 3 photos (taken within 3 months) |
| List of the director board or shareholders of the security service enterprise together with copies of their IDs | - prepare 1 copy each- if any of the shareholders are foreigner, please attach their passports and business visa (NI-B2 or I-B2) |
| Partnership Agreement | In case it is a business with partnership |
| Article of Association | of the security service enterprise |
| Financial Status Certificate | from the bank |
| Request Letter | to get an approval to use the name, uniform and logo of the security service enterprise |
| Enterprise Registration Certificate | |
| Investment License |
Documents — renewal
| Document | Note |
|---|---|
| List of the Partners | |
| Proposal Letter to Renew License | from the security service enterprise |
| Enterprise Registration Certificate | |
| Investment License | |
| Business Operating License | |
| Certificate of Annual Tax Payment | |
| Certificate of Annual Income-Tax Payment | |
| Agreement with current clients | including the branches of the enterprise |
| Report on the Numbers of the Security Forces | including the branches of the enterprise |
| Business Plan | for the next 3 years |
| List of the Board of Directors Members, Director, and Manager | |
| Certificate of Contribution to Security Fund | contribute to the Ministry of Public Security in an amount of 0.5% |
Legal framework
- The Protection of National Security Law
- Decision on Security Enterprise
How to submit
- Means of presentation
- At the Authority Offices
- Processing time
- 8 If the authority does not approve it, they shall notify the applicant within 2 working days
Validity and renewal
- Has an expiry date
- NO
Additional comment
- The name of the enterprise shall end with "Security" - For a joint enterprise, foreign shareholders may have a maximum of 49% shares.