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Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets
The taxing of non-resident e-commerce and digital players in Laos is part of a continuing trend in ASEAN.
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Laos Reduces VAT Rate to Support the Post-COVID-19 Economy
Laos has reduced its value-added tax (VAT) rate as part of the government’s support of the post-COVID-19 economy.
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The Completed China-Laos Railway: Bringing Opportunities for ASEAN and the Asia Pacific
The completed China-Laos railway can transform Laos from a landlocked country into a land-linked hub that connects the wider region.
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How to Claim Investment Promotion Incentives in Laos: New Guidelines in Effect
Foreign investors in Laos face new requirements for accessing investment promotion incentives.
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Tax Identification Numbers in Laos: Compliance by June 2021
The government of Laos issued Notification 0831 in February 2021, which obligates all individuals liable to personal income to obtain a tax identification number.
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Laos Planned Railways: Opening a National Rail Network in 2021
At present, Laos doesn’t have any railways. However, that is about to change in 2021, through progress on the China-Laos Economic Corridor.
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Audit and Compliance in Laos: A Guide for Foreign Investors
The Enterprise law and the Law on Independent Audit are the main laws that establish audit requirements in Laos.
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New RCEP Free Trade Agreement Rules of Origin to Boost Finishing of Products Investment into Cambodia, Laos & Myanmar
The RCEP will help boost foreign investment into ASEAN’s lower-wage countries.
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Laos Introduces Exemptions from Penalties for Late Filing and Payments of Taxes
Laos’ Ministry of Finance issued Notification 1061/MOF which provides exemptions from penalties for businesses for the late payment and filing of taxes.
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Laos Issues Tax Relief Measures to Mitigate COVID-19 Impact
On April 10, 2020, the Laos government issued tax relief measures to counter the impact of the COVID-19 outbreak. Read on to learn more.
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