There have been numerous recent developments in Lao PDR to ease market-entry for foreign investors and we are witnessing an increase in M&A activity. Additionally, a country such as Lao PDR, where the rights of the employee are dominant, it is paramount that the foreign investor as an employer is well aware of the ambit of its responsibilities and rights. A flourishing employer-employee relationship undoubtedly contributes to the commercial sustainability of the employer and its shareholders.
This workshop provides an introduction to the essential components of the employee-employer relationship in the Lao PDR and the steps required from the employer to ensure compliance with the regulatory framework. It will also outline the process of company establishment, the impact recent market-entry legal developments have had on such process and complexities involving M&A transactions.
1. Market-entry, M&A and shareholder issues in Lao PDR:
2. Employment Law:
- Introduction to company establishment in Lao PDR
- Corporate formation and regulatory requirements and restrictions
- Case studies for business establishment and M&A activities
- Protection of foreign investors’ interest in corporate documents
- Introduction to FX laws in Lao PDR
- Types of employment contracts
- Internal Regulations
- Labor quotas
- Transferability of employment contracts
- Fault-based grounds
- Non-fault grounds
- Poor performance
- Voluntary resignations and retirement
- Social security contributions
Who Should Attend
This workshop aims to
provide guidance to companies and businesses considering venturing into Laos to explore new opportunities available when they enter into this new frontier. This
would be an interesting and interactive session for companies to engage in
deep discussion on real cases, challenging obstacles that they may come across
in doing business with the locals as well as employer-employees' issues.
Senior or middle management staff of local businesses looking to venture into Laos as their next potential market expansion
Kristy is the Country Managing Director of DFDL’s Laos office and has 15 years’ experience practicing as a solicitor in the Lao PDR, Vietnam and Australia. In both Laos and Vietnam, Kristy has advised private and public companies, financial institutions and investors on corporate and commercial matters, with a particular focus on mergers and acquisitions and foreign direct investment. In the Lao PDR, Kristy has also focused on project finance deals, advising sponsors and lenders on a number of high profile domestic and cross-border power projects. Additionally, Kristy has substantial experience advising potential investors, existing operators and regulatory authorities in the mining sectors in the Mekong region.
Kristy is recognized in Laos as a “Leading Individual” in Legal 500 (Asia Pacific), a “Market-Leading Lawyer” in AsiaLaw Profiles and a “Recognized Practitioner” in Chambers Asia Pacific.
Kristy is currently Vice-President of the Australian Chamber Commerce in Laos and an interim board member of the American-Lao Business Association.
Standré Bezuidenhout is a senior associate working at DFDL’s office in Vientiane, the Lao PDR. Standre was admitted as an attorney and notary public in South Africa in 2014. He specializes in both local and cross-border merger and acquisition transactions and has experience in the formation, structuring, and restructuring of business entities in various jurisdictions. Standre has also advised listed and private equity clients in relation to their involvement in listings and delistings on the Johannesburg Stock Exchange. He has broad experience in general commercial work and in the drafting of a variety of commercial contracts.
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- No cancellation will be allowed upon registration but attendance by a replacement delegate from your company due to exigency could be facilitated. Please notify SBF of the change with at least 3 working days’ notice prior to event to enable logistical arrangements for the replacement.
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- SBF reserves the right to cancel or make any adjustments to the event.
Other Payment Modes:
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Corporate PayNow (UEN: T02SS0073H),
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Billing Organisation via UOB or DBS Website/Mobile app
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160 Robinson Rd #06-01, SBF Center, Singapore 068914
Please indicate the Invoice number, Company and Participant(s) name(s) at the back of the cheque.
If you have registered less than 5 working days before the event date, please bring along your cheque on the day of event.
Ref No: SB190565
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