Fees and timelines in 2022

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 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

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