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Business Operating License for Shopping Center
购物中心经营许可证
ໃບອະນຸຍາດດຳເນີນທຸລະກິດ ສູນການຄ້າ
Individual, local, and foreign legal entity who intends to conduct a shopping center business Apply at Department of Industry and Commerce.
Who needs this
Individual, local, and foreign legal entity who intends to conduct a shopping center business
Requirements
- Have a 100% foreign equity for investment projects with a total value of 160 Billion Kip or more
- Have up to 70% foreign equity for investment projects with a total value of 80 Billion to less than 160 Billion Kip
- Have up to 51% foreign equity for investment projects with a total value of 08 Billion to less than 80 Billion Kip.
- For investment projects with a value of less than 08 Billion Kip, including shops, and sundry shops established independently and various forms of wholesale-retail outlets are reserved for Lao citizens
Documents — first application
| Document | Note |
|---|---|
| Application Form | as defined by the Department of Internal Trade, Ministry of Industry and Commerce |
Legal framework
- Decision on the Business Activities of the Ministry of Industry and Commerce that requires Business Operating License
- Instruction on Licensing the Business Activities of Industry and Commerce Sector
- Instruction on Granting Business Operating License in Business Activities of Internal Trade
- Decision on Shopping Center and Department Stores
How to submit
- Means of presentation
- At the Authority Offices
- Processing time
- 10
Validity and renewal
- Has an expiry date
- YES
- Validity
- 36 months
- Renewal process
- Renew before it expires 1 month.
Additional comment
Based on the scope of work, the Department of Industry and Commerce of Vientiane Capital will issue a license for a shopping center with an area of 1,001 – 20,000 square meters