- Laos Ministry of Finance has updated compliance requirements for non-resident providers of digital services
- VAT obligations have been imposed since February 2022
- Starting May 2024, businesses must use the new Digital Tax Services System (DTax System)
- Non-resident providers and digital marketplace sellers offering electronic services are subject to VAT
- VAT registration threshold is LAK 400 million per annum
- Services like streaming, downloading, online gaming, advertising, and B2C activities are subject to VAT
- Providers determine VAT applicability based on consumer residency or service consumption in Laos
Source: tpa-global.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Laos"
- New VAT Compliance Rules for Foreign Digital Suppliers in Laos Effective August 2024
- President Trump Issues Notices on Reciprocal Tariff Rates Effective 1 August 2025
- Laos Implements Regulations on Foreign Currency Management for Exporters: What You Need to Know
- Laos VAT Compliance for Foreign Digital Service Providers: New Requirements and Impact
- Laos Increases VAT to 10%
