Licenses library · 710
Business Operating License for Domestic Trade Business (Wholesale and Retail)
国内贸易经营许可证（批发与零售）
ໃບອະນຸຍາດດຳເນີນທຸລະກິດ ກິດຈະການການຄ້າພາຍໃນ (ການຄ້າຂາຍຍົກ ແລະ ຂາຍຍ່ອຍ)
Individual, local and foreign legal entities intend to conduct a business in wholesale and retail Apply at Department of Industry and Commerce.
Who needs this
Individual, local and foreign legal entities intend to conduct a business in wholesale and retail
Requirements
- Must have registered capital as follow: For domestic investor shall have a registered capital less than 4 billion Kip (It is not required to apply for a business operating license) • For foreign investor with equity participation as follow:
- Registered capital from 20 billion Kip can hold 100%
- Registered capital from 4 to less than 20 billion Kip, shall join venture with the domestic investor as conditions below:
- Registered capital from 10 to less than 20 billion Kip, foreign equity participation up to 70%.
- Registered capital from 4 to less than 10 billion Kip, foreign equity participation up to 50%.
Documents — first application
| Document | Note |
|---|---|
| Application Form | |
| Copy of Enterprise Registration Certificate | please bring the original ERC when submitting the application |
| Instruction Letter from Enterprise Registration and Management Sector | for registering a new enterprise |
| Copy of Application Form for Enterprise Registration of Company Limited | for an enterprise that has a partnership between a foreign investor and Lao national (submit a copy) |
| Photo (3x4) | 3 photos with a white background, taken within 3 months |
| Power of Attorney | in case of sending an authorized representative |
Legal framework
- Decision on Wholesale and Retail Business
- Decision on Enterprise Registration
- Instruction on Licensing the Business Activities of Industry and Commerce Sector
- Decision on the Business Activities of the Ministry of Industry and Commerce that requires Business Operating License
How to submit
- Processing time
- 10
Validity and renewal
- Has an expiry date
- YES
- Validity
- 36 months
- Renewal process
- Apply for renewal 1 month in advance. Required documents are as follow: • Application form for Business Operating License of Domestic Trade Business • Business Operating License of Internal Trade Business • 3 Photos size 3X4 taken not exceed 3 months • Power of Attorney (In case using an agent)
Additional comment
For domestic investor-owned 100% is not required to apply for the business operating license