Articles & Updates

Tax take set to increase next year

[:en]The Taxation Department of the Ministry of Finance is aiming to introduce new land and road tax rates to boost government revenue for next fiscal year. According to the Taxation Department’s report for the first seven months of the 2015-2016 fiscal year, they were yet to determine what the percentage increase would be for the numerous categories of land and road tax.[:]

Symposium on China – South Asia, Southeast Asia Commercial Legal Cooperation

Kate Baillie, Country Manager of Arion Legal, was honoured to be asked to attend and speak at the Symposium on China – South Asia, Southeast Asia Commercial Legal Cooperation , which was part of the 11th China-South Asia Business Forum, held in Kunming, PR China from 11-14 June 2016.

Tax Alert: Revised Tax Law Pending

[:en]The Lao Government ‘slipped through’ a revised tax law recently (Amended Tax Law No. 70/NA, dated 15 December 2015), with the law set to take effect next week on 24 May 2016. But fear not: much of the revised law is similar to the law it replaces, the Tax Law (2011), with a few new inclusions, revisions and corrections.[:]

Tax payments decline over seven months

[:en]The Taxation Department reported recently that tax payments across the country had decreased 5.1 percent during the first seven months of the 2015-16 fiscal year, in comparison to the previous year.[:]

Kasikornbank forecast to triple lending in Laos

[:en]Kasikornbank (Laos) aims to triple lending growth and open a new branch this year to cash in on strong economic prospects in neighbouring Laos. The bank, a 90%-owned subsidiary of Kasikornbank (KBank), expects 2016 loans outstanding to grow by more than 250% to 1.5 billion baht.[:]

Mining Slump, Improper Planning Blamed For Budget Tensions

[:en]The enormous drop in revenue generated from mining coupled with improper budget planning has been the main cause of the budget tensions Laos has faced over the past few years, Deputy Prime Minister Somdy Douangdy told parliament recently.[:]

Havilah recognised with commercial achievement award

Arion Legal was heavily involved in assisting Havilah in negotiating and completing the deal for the development of the Portia gold mine in South Australia. The deal was recognised for its unique and innovative commercial and funding model which has allowed Havilah to proceed with the development and operation of the Portia gold mine in a tough economic climate for mining projects.

Lao New Year Announcement

Please note that our offices will be closed 12-15 April 2016 for the Lao New Year.
For any urgent matters during this period, please email enquiries@arionlegal.com

We wish you good health, wealth and prosperity for the 2016 Lao year.

Sok Dee Pi Mai Lao 2016!!!

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Laos needs more entrepreneurs, still facing business hurdles

Laos has only two percent of the population starting a business which is still far too low compared to its 6.4 million people, according to an official.

Launch of the Lao Chinese Investment Service Center

[:en]We are proud to announce that Arion Legal has joined together with Baqian and a number of other service providers (inlcuding EQHO Translation) to launch the Lao-Chinese Investment Service Center.

This center brings together professionals operating in key sectors, including legal, tax, accounting, finance, translation, real estate and travel, to provide a full range of investment and business advisory services to Chinese clients looking at, or already operating, in Lao PDR.

Here’s a little press update about the new Lao Chinese Investment Service Center: http://en.apdnews.com/xin-hua/367488.html

Mr Lu Bin, Managing Director of Baqian Law Law & Consultancy (Lao) and Arion Legal (Lao) at the launch of the Lao-Chinese Investment Service Center

Mr Lu Bin, Managing Director of Baqian Law & Consultancy (Lao) and Mr Mike McDonald, Managing Director of Arion Legal (Lao) at the launch of the Lao-Chinese Investment Service Center

[:zh]我们很荣幸宣布,Arion Legal律师事务所已经与八谦老挝律师事务所和许多其他服务提供商合作(包括EQHO Translation),成立老挝中国企业投资服务中心。

该中心汇聚了主要行业的专家,包括法律、税务、会计、金融、翻译、房地产和旅游行业,为希望或已经在老挝运营的众多中国客户提供投资和业务咨询服务。

有关老挝-中国投资服务中心的相关新闻,请访问:http://en.apdnews.com/xin-hua/367488.html

八谦老挝律师事务所总经理Lu Bin先生 和Arion Legal(老挝)律师事务所总经理Mike McDonald先生在老挝-中国投资服务中心成立仪式上

八谦老挝律师事务所总经理Lu Bin先生
和Arion Legal(老挝)律师事务所总经理Mike McDonald先生在老挝-中国投资服务中心成立仪式上。

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