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Laos’ Labor Market Challenges and Opportunities: What Investors Should Consider

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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

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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

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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

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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

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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

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Laos has introduced a new decree introducing strategic excise tax adjustments on various products.

Laos – Russia 2023 Relations

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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

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Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.

Laos Launches Digital Currency Trial

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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

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All companies incorporated under Lao law will be subject to corporate income tax, value-added tax, and personal income tax.

Showing 10 of 89 articles
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