Import Duty and Excise Duty in Lao
The law as it stands now empowers the Finance Ministry to set the excise tax between 25% and 150%, this is in addition to import duty of 40$. Car importers are urging the Lao government to lower the excise duty to a manageable level. The rate will depend on engine size, vehicle type such as SUV or luxury. Immporters claim that a lot of under the table payments are involved in current car import regime.
Who Can import a Vehicle Dutyfree
Only a foreign diplomat may import a vehicle into Laos duty free. He or she must obtain a letter from the Laos Ministry of Foreign Affairs verifying his/her status and requesting that Laos Customs permit duty free import. For all other foreigners and returning Lao nationals, it is almost impossible to import a vehicle into Laos. The procedures for a non-diplomat to import a vehicle are time consuming and tedious. The duty assessed can be as high as 300% of the new purchase value of the vehicle.
Import of Used Vehicles Prohibited
Please note that Lao government has now put brakes on import of second hand vehicles.
Laos cars for sale, Laos 4x4 Pickup for sale, Laos SUV for sale at Thailand, Australia, UK and Dubai top new used car dealer and exporter
Information about Laos Lao PDR
Laos is a landlocked country on the Indochina Peninsula near the eastern extremity of mainland Southeast Asia. Laos occupies an area of 236,800 sq km (91,429 sq mi), extending 1,162 km (722 mi) SSE–NNW and 478 km (297 mi) ENE–WSW. Comparatively, the area occupied by Laos is slightly larger than the state of Utah. It is bordered on the N by China, on the E and SE by Vietnam, on the S by Cambodia, on the W by Thailand, and on the NW by Myanmar, with a total boundary length of 5,083 km (3,158 mi).
People of Laos love their cars
Folks in Laos love their cars, 4x4 pickup trucks, 4x4 SUVs. They want them to be of highest quality but are always on the look out for Laos Cars For Sale and Laos 4x4 Pick-up trucks for sale and Laos SUV for sale. Most buyers will buy in the local market as they can touch and feel the vehicle and have it right away if they like a particular car or pickup. Many dealers in Laos offer cars, luxury cars, pickup truck or SUVs on sale so there is always a car to be found in a person’s budget.