‘Legalise your businesses or face fines’, Lao ministry warns foreign operators

VIENTIANE (Vientiane Times/ANN) – Action will soon be taken against and fines slapped on foreigners who are illegally operating businesses in Laos.

The Ministry of Industry and Commerce recently issued instructions with detailed guidelines on how to regulate such unlicensed businesses.

Any business being operated without a valid registration and license will be fined 10 million kip and operations suspended. The illegal operators are required to register their enterprises and apply for a business license within 90 days and then they can resume operations, according to the guidelines that came into force on July 3.

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 Souksakhone Vaenkeo
http://annx.asianews.network/content/legalise-your-businesses-or-face-fines-lao-ministry-warns-foreign-operators-99588

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‘Legalise your businesses or face fines’, Lao ministry warns foreign operators

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