Tax Services
See more detail of our services below
Tax Service
The revised Lao Income Tax Law and Tax Management Law are promulgated in 2020 with additional articles and clarification. However, we observed that certain articles are unclear and will lead to different interpretation and implementation among tax offices and companies. This will bring more tax officers and companies to discuss and agree on a case-by-case basis that will lead to time consuming dealing with such cases. Our tax services include:
- Tax compliance assessment and advice
- Personal Income Tax (PIT) calculation and payment arrangement
- Review tax calculation and confirmation
- Preparation of tax report, tax planning
- Reconcile and re-calculate annual profit tax
- Dealing with tax office on related tax issues
Tax Filing
According to the Lao Tax Law, enterprises are required to declare and pay taxes on regular basis. Salary tax, Value Added Tax (VAT), and consumption tax are required to be declared and paid on monthly basis while profit tax is declared and paid on semi-annual basis. We assist and facilitate enterprises to comply with these requirements by providing the following services:
Monthly and Semi-annual Tax Filing
Annual Tax Filing
We normally provide tax service together with bookkeeping and reporting services.
Tax Diligence
According to the tax law, the tax officers are able to check and review tax compliance of the enterprises backward up to 3 years which is crucial at any point in time during this period that your organisation has no potential tax liabilities. Our service is outlined below:
According to the Lao Tax Law, enterprises are required to declare and pay taxes on regular basis. Salary tax, Value Added Tax (VAT), and consumption tax are required to be declared and paid on monthly basis while profit tax is declared and paid on semi-annual basis. We assist and facilitate enterprises to comply with these requirements by providing the following services:
Monthly and Semi-annual Tax Filing
- Review or perform calculation of salary tax, VAT, withholding tax and profit tax (January and July)
- Send tax calculation to enterprise for confirm and prepare payment document
- Arrange tax payment to tax authority
Annual Tax Filing
- Review expenditure and calculate allowed and non allowed expenditure according to the Lao tax law and re-calculate profit tax amount
- Prepare annual tax payment summary and tax payment planning according to list of required documents/forms from tax authority
- Submit tax payment and planning and related documents as well as request for tax payment certificate
- Follow up and provide clarification and required documents to tax authority for any questions from tax officers during tax assessment
We normally provide tax service together with bookkeeping and reporting services.
Tax Diligence
According to the tax law, the tax officers are able to check and review tax compliance of the enterprises backward up to 3 years which is crucial at any point in time during this period that your organisation has no potential tax liabilities. Our service is outlined below:
- Review all tax declaration and payments and identify any tax non-compliance with the tax law and quantity potential tax liabilities.
- Review of the latest relevant tax regulation if any tax exposure
- Report on result from tax assessment/review- Tax Due Diligence Report with clear compliance status for the period and quantify the potential tax liabilities
Our Clients
We have served various clients in following sectors:
We have served various clients in following sectors:
- Mining and exploration,
- Law and environmental consulting
- Food and beverage services
- Agriculture,
- Electrical equipment Manufacturing
- Representative offices
- Cosmetic import and export
- Non for Profit Organisation
Our Service Fee
Our service fee is based on the staff qualification and the time spent on a particular service. Organisation size, structure, nature of activities and volume of accounting transactions are also parts of our consideration for our time input and team allocation. Please contact us for quote price
Tax Service |
125-750 |
per month |
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