Prime Minister Order No.02


The Ministry of Planning and Investment

  • To implement the Investment One-Stop Service mechanism in practice as soon as possible for reducing the procedures and time required for applying for investment license and ensuring transparency and compliance with the laws and regulations
  • To be the focal point of coordination with the sectors concerned in order to monitor the progress in resolving the procedures and difficulties based on 10 indicators identified by the World Bank
  • To improve the mechanism of the dissemination of the laws and policies including the regulations pertaining to the investment promotion activities.


The Ministry of Industry and Commerce

  • To take the initiative in coordinating with the finance sector, public security sector, information, culture and tourism sector and other relevant sectors to accelerate the reform and resolve the difficulties relating to the 1st indicator: Starting a business
  • To take the initiative in coordinating with parties concerned with the tasks prescribed in the 8th indicator: Trading Across Borders indicator
  • To improve the legislation and procedures relating to the application for authorization of import-export of goods across the borders
  • To help streamline and shorten the import and export approval process with the aim of reducing the time for import and export of goods by at least 50% in 2019


The Ministry of Public Works and Transport

To take the initiative to accelerate the reform and resolve the difficulties relating to the 2nd indicator: Dealing with construction permits

  • To review the documents and contents of the application form for construction permits
  • Make the application form for construction permits, including relevant regulations, available on the website of the public works and transport sector in beginning of 2018
  • To remove and reduce unnecessary steps and time required for applying for construction permit


The Ministry of Energy and Mines

To take the initiative in guiding Electriciteˊ Du Laos (EDL) to accelerate the reform and resolve the difficulties relating to the 3rd indicator: Getting electricity.

  • To further reduce the procedures and time required for the installation of electricity to 40 days or less in 2019
  • To strictly follow-up and inspect the services standards of the companies providing electricity installation services
  • To accelerate the improvement of the electricity supply system so as to make it reliable and to ensure that there is no frequent electricity outages with the aim of improving the rating of the reliability of supply and transparency of tariffs index of Lao PDR.


The Ministry of Natural Resources and Environment

To take the initiative to accelerate the reform and resolve the difficulties relating to the 4th indicator, Registering Property.

  • Reducing the procedures and time required for the registration of land asset, transfer of land use right, land lease, land concession.


The Bank of the Lao PDR

To take the initiative coordinating with Lao Securities Exchange Commission to make the improvement and resolve the difficulties relating to the 5th indicator: Getting Credit and the 6th indicator: Protecting Minority Investors and Minority Shareholders:

  • To improve the index on the access to credit especially the index on the strength of the laws and regulations protecting borrowers and lenders
  • To improve the index on the quality of the regulation on prohibition of the occurrence of conflict interest.


 

The Ministry of Finance

To take the initiative to make the improvement and resolve the difficulties relating to the 7th indicator Paying Taxes

  • To study and improve the frequency and time in the payments of various taxes of the enterprise by proposing the amendment of the relevant laws.
  • To improve the mechanism of payment of social protection tax to allow it to become more convenient and expeditious.
  • To improve the procedure of duty and tax collection at the time of importing goods at the border checkpoint in order to make it more simplified and expeditious.


 

The Ministry of Justice and the Judicial Organizations

To take the initiative in researching, developing and revising the legislation relating to the 9th indicator: Enforcing Contracts and the 10th indicator: Resolving Insolvency in accordance with their roles and responsibilities:

  • To improve the time required for the case proceeding process to enforce the contracts
  • To reduce the cost of the case proceeding process to enforce the contracts
  • To improve the index of the quality of the court proceedings
  • To urgently coordinate with relevant Ministries in order to amend the Law on Bankruptcy of the Enterprise No. 06/94, dated 14 October 1994.


The Ministry of Public Security

  • To research and further reduce the procedures and time for carving the seal for business operations.
  • Shall assign the responsibility to the Police Headquarters of Vientiane Capital and of the provinces to issue the business seals to ensure faster issuance of seal.
  • Shall set out regulations and issue guidelines for actual implementation in a strictly and speedily manner.


The Lao National Chamber of Commerce and Industry

To responsibly contribute to the process of research, improvement and resolving of the difficulties relating to the ranking of the ease of doing business in Lao PDR.

  • To provide comments and participate actively in the improvement of the investment climate in Lao PDR;
  • To advertise, disseminate and provide advices on State policy guidelines, laws and regulations on the improvement and the provision of facilities for business operations in Lao PDR to have uniform understanding and collaborate in the implementation in a strictly manner;
  • To take the initiative in summarizing issues and proposals of the business sector in each period as well as to conduct brainstorming and present constructive recommendations regarding the directions and solutions to the Government for research and consideration.