Financial institution setup (bank/branch · microfinance · payment)

金融/外汇/支付许可

ຕັ້ງ ສະຖາບັນການເງິນ (ທະນາຄານທຸລະກິດ/ສາຂາ · ສິນເຊື່ອຈຸນລະພາກ · ຊຳລະ)

Handling agency: Bank of the Lao PDR / MOF

Source: 老挝央行BOL/财政部官方站 (https://www.bol.gov.la/fileupload/23-08-2022_1661233734.docx)

Where to apply

File via the one-stop office; the Bank of Lao PDR reviews and issues (Art.5).

Procedure

• Prepare the setup dossier: application (central-bank form), techno-economic feasibility report, draft charter, founding-committee resolution and (for a joint venture) the JV agreement (Art.4)
• File via the one-stop office, forwarded to the central bank (Art.5)
• The central bank replies within 90 days (Art.6)
• Those meeting Art.7 receive a provisional licence

Statutory time limit

Within 90 days of a complete file (Art.6).

Common questions and pitfalls

• The bar is very high (Art.7); if unmet consider microfinance #380
• Investment licence and enterprise registration first

16 items to fill in

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