Facts
C.P. Laos Co., Ltd ("CP Laos") desires to buy land from a Lao national (the "Seller") In order to operate a business. The land is located in Salawan Province (the "Land").
To operate the business in the Lao PDR, generally an investor is required to incorporate an entity under the laws of the Lao PDR with specific objectives. Therefore, CP Laos is required to establish a new company to engage in business operations to hold ownership over the Land or lease the land from the lessor. Please note that foreign investors are generally restricted from holding ownership over any land in the Lao PDR.