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Fees and timelines in 2023

Fees

payment by instalmentLaos LLC incorporation costs amount to US$3,150 and total setup costs amounts to US$14,850 on average per engagement, including Laos company incorporation, corporate bank account setup, legal registered office and all government registration fees. Maintenance costs in year 2 and thereafter average US$1,650, not inclusive of accounting and tax services.

Different Laos entity typesCostDraft invoice
Tax resident LLCUS$14,850View invoice PDF
PLCUS$20,850View invoice PDF
Branch of a foreign companyUS$28,050View invoice PDF
Representative officeUS$19,950View invoice PDF

Other fee considerations

Timelines

The average Laos company registration period is 16 weeks as outlined below:

ServiceLLCPLCBranchRep Office
Engagement planning3 weeks3 weeks4 weeks4 weeks
Company incorporation period7 week7 weeks10 weeks10 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks
Internet banking approval1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week
Total engagement period16 weeks16 weeks20 weeks20 weeks

laos business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Laos, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
Bank-of-Lao-PDR Lao-National-Chamber-of-Commerce-and-Industry Ministry-of-Planning-and-Investment
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