Laos
Asia
Is there a legal rule in Laos on the validity period of Giftcards?
In Laos there is no specific legal regulation on the validity period of Giftcards. Under the Civil Code, a general limitation period of three years applies. Merchants must state validity periods clearly and transparently.
What special rules apply in Laos to the sale, issuance, or redemption of Giftcards?
The sale of Giftcards is permitted. Electronic Giftcards are increasingly used in commerce and must be registered with the tax authority.
What consumer rights apply in Laos for expired Giftcards?
There are no specific statutory rules on expired Giftcards. Merchants must clearly state expiry dates. If this information is missing, the consumer may request a goodwill arrangement.
How are Giftcards treated for tax purposes in Laos (VAT, single-purpose / multi-purpose)?
Giftcards are subject to VAT, which is charged upon redemption. A distinction between single-purpose and multi-purpose Giftcards is not legally provided.