Fees and timelines in 2024
Fees
Laos 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 types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | US$14,850 | View invoice PDF |
PLC | US$20,850 | View invoice PDF |
Branch of a foreign company | US$28,050 | View invoice PDF |
Representative office | US$19,950 | View invoice PDF |
Timelines
The average Laos company registration period is 16 weeks as outlined below:
Service | LLC | PLC | Branch | Rep Office |
---|---|---|---|---|
Engagement planning | 3 weeks | 3 weeks | 4 weeks | 4 weeks |
Company incorporation period | 7 week | 7 weeks | 10 weeks | 10 weeks |
Bank account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
Internet banking approval | 1 week | 1 week | 1 week | 1 week |
Engagement completion | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 16 weeks | 16 weeks | 20 weeks | 20 weeks |