The Tax Department of the Ministry of Finance in the Lao PDR has issued a new regulation No.169/TD dated 11 January 2018 on implementing new excise tax rates on fuel, alcohol, tobacco and certain entertainment categories for 2018 in the Lao PDR.
Regional Legal Update on Labor and Employment Law Issues DFDL’s Employment Practice Group is dedicated to advising clients on employment and labor issues, and preparing human resources documentation compliant with local law. Our employment team’s in-depth knowledge of the law and practices in the countries in which we operate allows us to provide specialized, practical advice on issues that arise in employment relationships. The head of our...
The deadline for existing companies to opt-in for the investment incentives available under the new Investment Promotion Law (No. 14/NA, 17 November 2016 (the “Investment Promotion Law”) is fast approaching. Existing companies that intend to opt-in should ensure that their application has been submitted to the One-Stop Service Office (“OSSO”) of the Ministry of Planning and Investment by Thursday, 17 August 2017.
It is with great pleasure and pride for DFDL to announce that Jack Sheehan, Partner and Head of the Regional Tax Practice group has been appointed Vice President of the European Chamber in the Lao PDR.
The hydropower ambitions of the Lao PDR are well known. The aspiring “battery of Asia”, the Lao PDR has proven successful at attracting and maintaining hydropower investment in recent years. In January 2017, the Ministry of Energy and Mines reported that by the close of the calendar year some 50 power plants around the country would be generating electricity with an installed capacity of almost 6,860MW, with nearly two-thirds of this power being...
Content Types: ArticleRegions & Countries: Middle East & North AfricaLaosServices: Legal
Without any significant, identified fossil fuel resources, the Lao PDR is dependent on imports for 100% of its fossil fuel needs. Yet every year, the agriculture and forestry sectors of the Lao PDR produce large amounts of agricultural waste. As a result, there is significant untapped biofuel potential in the country that could reduce the nation’s dependence on fossil fuels.
The much anticipated amendments to the Investment Promotion Law became effective on 19 April 2017. The amended law (No. 14/ NA, 17 November 2016) makes positive changes to the regulatory framework for investors and represents an encouraging step in alleviating barriers to investment in the Lao PDR.