iCalculator™ LA: Laos Tax Calculators

Welcome to iCalculator™ LA, your comprehensive suite of free tax calculators for Laos. iCalculator™ has provided free tax calculators for Laos since 2019. Since those early days we have extended our resources for Laos to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The Laos Tax Calculator and salary calculators within our Laos tax section are based on the latest tax rates published by the Tax Administration in Laos. In this dedicated Tax Portal for Laos you can access:

Laos Tax Calculator 2024/25

The Laos Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in Laos. This includes calculations for

1. Employees in Laos to calculate their annual salary after tax.
2. Employers to calculate their cost of employment for their employees in Laos.

Discover Laos

Laos, officially known as the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, sharing borders with five countries: China to the north, Vietnam to the east, Cambodia to the south, Thailand to the west, and Myanmar to the northwest. This strategic location has made it a crossroads for trade and culture in the region. Despite its lack of direct access to the sea, Laos's extensive river network, particularly the Mekong River which runs the length of the country, has been vital for commerce, agriculture, and transportation.

The economy of Laos is developing and has shown steady growth in recent years, largely driven by investment in natural resources such as hydropower, mining (particularly copper and gold), and agriculture. Forestry and agriculture employ a significant portion of the population and are central to the livelihoods of many Laotians, with rice being the primary crop. The government has also focused on attracting foreign investment to develop infrastructure and the tourism sector, which capitalizes on the country's rich cultural heritage and natural beauty.

Culturally, Laos is known for its ethnolinguistic diversity, with the Lao people making up the majority of the population alongside numerous ethnic groups. The Theravada Buddhism practiced in Laos influences much of its culture, art, and festivals. The most famous of these is the annual That Luang Festival, a celebration that attracts pilgrims from all over Laos and neighboring countries. Lao cuisine, with its emphasis on fresh ingredients, herbs, and spices, reflects the country's agricultural traditions and diverse cultural influences.

Neighboring countries include China, Vietnam, Cambodia, Thailand, and Myanmar. Laos's interactions with these neighbors are integral to its foreign policy, economic exchanges, and cultural exchanges, enhancing its role in regional cooperation and development initiatives.

Tax overview of Laos

The tax system in Laos is structured to support the country's economic development and social welfare goals. It consists of various types of taxes, including corporate income tax, personal income tax, value-added tax (VAT), excise taxes, and import/export duties. The Laotian government has implemented these taxes to generate revenue for public services, infrastructure development, and to encourage fair business practices.

Corporate income tax is levied on the profits of companies operating within Laos, with a focus on creating a conducive environment for investment. Personal income tax applies to individuals' income, structured in a progressive manner to ensure fairness. VAT is imposed on goods and services, with certain exemptions in place to support essential services and goods.

Excise taxes in Laos are applied to specific goods considered to be luxury items or harmful to health and the environment, such as tobacco, alcohol, and vehicles. Import and export duties are also significant components of the tax system, regulating the flow of goods into and out of the country and protecting domestic industries.

The tax system in Laos is evolving, with reforms aimed at enhancing tax collection efficiency, broadening the tax base, and ensuring compliance with international tax standards. These efforts are part of the government's broader strategy to stimulate economic growth, attract foreign investment, and improve public services.

For those interested in a deeper understanding of Laos's tax system, including up-to-date tax tools and tables that can assist with planning and compliance, our tax hub offers a comprehensive suite of resources. These tools provide valuable insights for both individuals and businesses looking to navigate the tax landscape in Laos effectively.