Decision No. 4392/MONRE on Land-Related Business.

The Decision establishes comprehensive regulations for managing and inspecting land-related businesses across Laos to ensure legal compliance and support the real estate market. It covers activities such as land surveying, valuation, land use rights trading, and brokerage services. A primary objective is to enhance revenue collection efficiency while strictly preventing money laundering and terrorism financing within the land sector. These rules apply to both domestic and foreign individuals and entities operating within the country.
To operate, businesses must register as an enterprise and obtain a specific land business license from the Department of Lands or provincial authorities, which remains valid for three years. Requirements for licensing include employing at least three qualified experts with relevant experience, maintaining standardized equipment for surveying, and undergoing thorough background checks for criminal history or links to money laundering. Foreign investors are notably restricted to land surveying and valuation services only. The Agreement also details strict oversight procedures, including office inspections and mandatory reporting of beneficial ownership