In February 2024, the Ministry of Finance of Laos issued regulation number 0558/MOF which sets out the latest guidance regarding tax obligations for e-commerce and digital platform providers.
The new rules will apply to transactions from August 1, 2024, and also apply to foreign e-commerce providers who are not residents or registered enterprises in Laos but earn income from the country.
- Imposing tax on the provision of digital services
- Categorizing digital platform operations
- VAT filing
- Penalties for non-compliance
Source: www.aseanbriefing.com
