LAOS-MOF

Laos MoF VAT 10% + TaxRIS since 2017.

Definition

Laos MoF Tax Department: Tax Law No. 67/2019 NA (revision 2019) main framework. VAT 10% standard unique rate (possible reform increase 2024-2025), Profit Tax (PT) 20% standard 35% mining/petroleum, Personal Income Tax (PIT) 0-25% progressive (LAK 1.3M tax-free), Excise Tax 5-90% goods (alcohol, tobacco, autos), variable Land Tax. TaxRIS (Tax Revenue Information System) launched 2017 by MoF with World Bank funding: online TIN tax registration, e-Filing VAT/PT/PIT/Excise, e-Payment bank integration BCEL/LDB. Phased obligation for large enterprises 2017-2020. e-Invoice framework Article 49 Tax Law 2019 mentioned but deployment still limited 2024, planned mandatory 2025-2027.

Origin

Laos Tax Law No. 67/2019 NA (revision 2019) current framework ; TaxRIS launched 2017 World Bank funded ; e-invoice planned 2025-2027.

Example in context

Electricite du Laos (state utility EdL) files monthly VAT 10% via MoF TaxRIS: LAK-denominated domestic electricity sales, custom ERP integration, ~LAK 8 trillion annual revenue.

Related terms

• Cambodia GDT — Mekong neighbour.