On 14th February 2024, the Ministry of Finance in Laos released a new instruction numbered 0558/MOF. This instruction deals with the VAT obligations for foreign suppliers of digital goods and services, digital platforms, and e-commerce to users in Laos. The new rules will apply to transactions starting from 1st August 2024, while the registration on the DTax system will open on 1st March 2024.
To read our client alert and summary of the new rules, please click on the below download button: