The Notification on the extended deadline for submission of FY 2020 financial reports (the “Notification”) No. 2081/MOF dated 30 April 2021 was issued by the Government of Lao PDR under the Ministry of Finance.
Under the Notification, the Ministry of Finance has agreed to extend the deadline for submission for the FY 2020 financial reports for a second time and up to 30 June 2021, for all legal entities in Lao PDR.
The second extension comes amid further preventative measures to contain the Covid-19 outbreak in Laos and to ensure the Tax Department is able to prepare for, and facilitate submissions by reducing risks from congestions and follow the guidelines as stipulated by the Covid-19 taskforce.
Late submissions after the updated deadline will still face penalty measures as set forth under the Tax Administration Law No. 66/NA dated 17 June 2019.
Should you require assistance with your tax filing requirements, please do not hesitate to contact us for a free consultation at enquiries@mpalawyers.com.
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