Laos’ Labor Market Challenges and Opportunities: What Investors Should Consider
Laos offers cost-effective labor and investment potential but faces skills shortages, migration, and regulatory challenges for businesses.
Laos’ Hydropower Sector: Opportunities for Foreign Investors
Laos aims to become a regional leader in hydropower, attracting foreign investment through large-scale projects and energy exports.
Laos to Enter a Validation Agreement with the European Patent Office
Laos has entered an agreement with the European Patent Office, simplifying patent protection for European businesses in the region and becoming a driver of future foreign investment opportunities.
Boosting Tourism in Laos: New Visa Policies, Railway Routes, and Service Enhancements
Laos is aiming to boost its tourism industry with visa exemptions, expanded railway routes, and upgraded service standards.
Laos Implements Mandatory Bank Accounts for Foreign Investors
The Bank of the Lao PDR issued a new regulation that mandates foreign investors to open a local bank account within 15 days of obtaining a business license.
Laos Raises Immediate Excise Tax Rates on Specific Products
Laos has introduced a new decree introducing strategic excise tax adjustments on various products.
Laos – Russia 2023 Relations
We examine the strategic relations between Laos and Russia after the leaders of both countries met during the Far Eastern Economic Forum.
Laos Enhancing Cross Border Railway Connectivity with Malaysia, China
Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.
Laos Launches Digital Currency Trial
Laos has successfully trialed a digital currency prototype—the Digital Lao Kip—in cooperation with Japanese fintech company SORAMITSU.
A Guide to Taxation in Laos
All companies incorporated under Lao law will be subject to corporate income tax, value-added tax, and personal income tax.