DPI Champasak province

Re-invested profits will be exempted from profit tax for the particular accounting year.

During the period of profit tax exemption, enterprises will be entitled to the exemption of minimum tax measure.

Permission granted to bring in foreign nationals to undertake investment feasibility studies as well as to bring in foreign technicians, experts and managers, if qualified Lao nationals are not available to work on investment projects.

Exemptions of custom duty and import tax for importations of machinery, materials, equipments and heavy vehicles directly used in production. In addition, enterprises will be entitled to custom duty and import tax exemption or reduction for the importation of raw materials and semi-finished products.

Foreign expatriates are subjected to personal income tax at a flat rate of 10%.

Foreign investors and their family members will be granted multiple entry visas, max. for 5 years, renewable.

Permission is granted to lease land for up to 30 years from a Lao national and up to 50 years from the government.

Rights, benefits and obligations of foreign investors relating to land lease or concession must be in compliance with the land law and other relevant laws.

The government also offers guarantees against seizure, confiscation or nationalization. The foreign investor shall be compensated in accordance with the laws and regulations, if necessary for public purpose.