Commercial Contracts

To protect your business and ensure clarity in your commercial relationships, it is best practice to have all agreements documented in writing. A specialist lawyer can help your business draft contracts that are clear, commercially sound, allocate risk effectively, and anticipate common sources of dispute, minimising the likelihood of future litigation.

At Law Hero, we assist clients in drafting, reviewing, and negotiating a wide range of commercial agreements, including:

• Shareholders’ agreements
• Franchise agreements
• Share sale and purchase agreements
• Land sale and purchase agreements
• Business sale agreements
• Confidentiality (non-disclosure) agreements
• Joint venture and partnership agreements
• Loan agreements
• Security agreements
• Service and consultancy agreements
• Employment and independent contractor agreements
• Distribution and supply agreements
• Concession agreements

In addition to contract drafting and negotiation, Law Hero also supports clients in resolving contractual disputes, including breach of contract, enforcement issues, and commercial litigation.

Banking and Finance

Foreign investors in Laos often obtain debt financing through secured or unsecured loans. Many choose to fund their Lao subsidiaries via intercompany loans. It’s important to note that all loans from foreign entities to Lao entities or individuals require approval from the Bank of the Lao PDR (the central bank of Laos).

In some cases, foreign investors also use loan and security arrangements as part of land-use structuring.

Our legal team provides full support in this area, including:

• Structuring, drafting, reviewing, and negotiating loan agreements, security agreements, and guarantees (including those involving foreign financial instruments);
• Advising on foreign exchange regulations and loan compliance; and
• Assisting with obtaining Bank of Lao PDR approval for foreign loans, including intercompany loans from a parent company to its Lao subsidiary.