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Lao Peoples Democratic Republic
Tilleke & Gibbins
Laos has returned its value-added tax rate to 10% from the 7% rate that had been observed for the last two years. The new rate was specified in Ordinance No. 003/PDT, dated March 19, 2024...
Tilleke & Gibbins
On February 1, 2024, Laos' Decree on Condominiums No. 352/GOV took effect. This decree expands on the Law on Land (2019), which introduced the concept of condominiums into the Lao...
Tilleke & Gibbins
On October 13, 2023, Laos' official gazette published the amended Law on Commercial Banks No. 39/NA dated July 17, 2023. The amended law came into effect on September 15, 2023...
Tilleke & Gibbins
Under Lao law, it is possible to dismiss employees for economic reasons. The concept of redundancy is regulated by the Law on Labour No. 43/NA...
Tilleke & Gibbins
Over the past two years, Laos has experienced a sharp depreciation in the value of the kip (LAK) against foreign currencies.
Tilleke & Gibbins
New regulatory requirements for medical device registration and notification in Laos are set to enter into force in the coming weeks under the plan found in Notification No. 9606 to implement Decision...
Tilleke & Gibbins
On October 9, 2023, Laos issued Presidential Decree No. 003, which raised excise tax rates for certain goods, effective immediately.
Tilleke & Gibbins
Laos' Ministry of Industry and Commerce (MOIC) has added to the list of goods subject to the country's recently imposed import-export registration requirement...
Tilleke & Gibbins
Laos' Ministry of Health (MOH) has promulgated a regulation detailing registration and notification protocols for medical devices. Decision on the Registration and Notification of Medical Devices...
Tilleke & Gibbins
Laos has expanded its registration requirements for importers and exporters by mandating additional registration and financial procedures. Bank of Lao PDR (BOL) Decision No. 677, which was issued on July 24, 2023, requires importers and exporters to register with the BOL and to open a dedicated commercial bank account for their import-export business activities.
Tilleke & Gibbins
On August 16, 2023, Laos' Prime Minister's Office issued Notice No. 1502/PMO, which increases the minimum wage for all workers in Laos. This increase is a continuation of the stepped...
Tilleke & Gibbins
Following Laos' announcement requiring importers and exporters to register with the Ministry of Industry and Commerce (MOIC)...
Tilleke & Gibbins
On May 25, 2023, Laos published Decision on the Registration of Importers and Exporters of Goods No. 0752, which requires importers and exporters to register their activities and the related goods..
Kenfox IP & Law Office
Laos has been a Contracting Party to the Paris Convention for the Protection of Industrial Property (Paris Convention) since October 8, 1998.
Tilleke & Gibbins
In decisions dated 29 September 2022, the Lao Department of Intellectual Property (DIP) has cancelled two trademark registrations based on their confusing similarity to earlier marks.
Tilleke & Gibbins
Every country has its own customs measures in place to monitor goods crossing its borders. These measures are implemented by customs departments and other government agencies that...
Rajah & Tann
On 8 September 2022, the Ministry of Industry and Commerce ("MOIC") issued the Decision to Authorize the Division of Industry and Commerce of Provinces and the Capital to Issue and Manage the...
Rajah & Tann
On 12 August 2022, the Ministry of Technologies and Communications issued the
Decision on Management and Use of Internet Protocol Numbers No.2600/MTC.
Rajah & Tann
On 12 August 2022, the Ministry of Technologies and Communications ("MTC") issued the Decision on Creating and Developing Secure Applications No.2598/MTC ("Decision").
Tilleke & Gibbins
On June 13, 2022, Laos' Prime Minister's Office issued Notification No. 829/PMO modifying the country's minimum monthly wage.
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