Law on Natural Resource Fee Rates

自然资源费率法(矿产权利金·林产·水资源费率,2024年施行)

ລັດຖະບັນຍັດວ່າດ້ວຍ ອັດຕາຄ່າຊັບພະຍາກອນທຳມະຊາດ

Summary

This regulation governs individuals and legal entities engaged in the exploitation of mineral resources, forest products, and water resources in Laos, with core content setting specific fee rates according to different resource categories to ensure paid use and sustainable development of natural resources.

Articles

Article ມາດຕາ 1

Article 2 Natural Resource Fee
Natural resource fee is a financial obligation that individuals and legal entities, both domestic and foreign, who are licensed to conduct business related to natural resources, must pay to the state according to the rates stipulated in this decree.

Article ມາດຕາ 2

Article 2 Principles for Determining Natural Resource Fee Rates
The determination of natural resource fee rates shall follow the following principles:
1. Based on the level of development of the production base, socio-economy, and the government's economic-financial policy;
2. Ensure sustainable development, economical use of natural resources, and long-term preservation;
3. Uniformly set at the same rate throughout the country.

Article ມາດຕາ 3

Article 3 Scope of Application
This Decree applies to individuals, legal entities, both domestic and foreign, conducting business, including organizations managing work related to mineral resources, forest products, and water resources in the Lao PDR.

This Decree does not cover types of plants, seeds, industrial trees obtained from cultivation by operators or the people.

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