In July 2024, the draft amendment to the Investment Promotion Law updated the actual payment period, actual payment ratio and minimum registered capital of franchise activities.

1. Payment of registered capital in general industries

According to current regulations, foreign investors investing in general industries shall pay more than 30% of their total registered capital within 90 days from the date of obtaining the relevant investment license. The remaining funds shall comply with the provisions of the Lao Enterprise Law or other relevant laws.

According to the draft amendment to the Investment Promotion Law, foreign investors investing in general industries must pay at least 30% of the registered capital within 90 days from the date of receipt of the business license or investment license, and the rest must be paid within 1 year, unless otherwise provided by relevant laws.

Therefore, the draft amendment to the Investment Promotion Law clearly stipulates the payment period of registered capital in general industries.

2. There are also many new regulations and contents for the payment of registered capital in the franchise industry. Please contact Lao Jinlun Law Firm for details...