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The collection of Fees and Service Charges for Enterprise Registration

The collection of Fees and Service Charges for Enterprise Registration

October 3, 2022

In order to ensure the effective implementation and to realize the President’s Decree on Fees and Charges No. 002 dated 17 June 2021, the Ministry of Industry and Commerce has issued Notice No. 2053 dated 30 September 2022 on the Collection of Fees and Service Charges for enterprise registration with the following key objectives:

  • Fees and service charges for enterprise registration will be collected before the issuance of the enterprise registration certificate (“ERC”) based on the value of the registered capital and the service fee for enterprise registration [as specified in the President’s Decree No. 002 dated 17 June 2022]. Fees and service charges will be collected on the date the application for enterprise registration or application for amendment of the contents of the ERC is completed and submitted.
  • When collecting fees and service charges, invoices, in the standard form of the financial sector, will be issued to enterprises at that time.

This notice will enter into force from 3 October 2022 onwards.

For more information on the fees and service charges for enterprise registration, please contact the VDB Loi Laos office: Meckhala Vilivong ([email protected]).  

AUTHOR

Meckhala, a member of the Lao Bar Association, is an experienced legal adviser, and worked for five years with PwC Laos in the legal and tax services division. She has assisted a wide range of local and international clients with their corporate and legal issues, on matters such as investments, labor issues, market entry, company setup, and legal due diligence. Meckhala holds bachelor’s degrees in both law and business administration.


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