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 has introduced a new decree introducing strategic excise tax adjustments on various products.
Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.
All companies incorporated under Lao law will be subject to corporate income tax, value-added tax, and personal income tax.
The Laos-Vietnam railway is a proposed railway project aimed to further boost Laos’ ambitions to become a regional logistics hub.
Sep. 3 – At the end of August a Thai contractor, Sermsaguan Construction Company Ltd., began construction on facilities at Laos’ Thanalaeng station. This station is the start of a railway linking Laos’capital city Vientiane with Thailand’s Nong Khai province. This is just one of many upcoming rail projects for Laos. The first phase of […]