Jurisdiction(s):
United Kingdom

Key definition

Investors definition

What does Investors mean? In private equity practice, investors are the persons or entities that commit capital to a fund in return for economic returns and contractual rights under the fund documents. In the UK and Ireland, private equity funds are commonly structured as English or Scottish limited partnerships or the Irish ILP; investors typically participate as limited partners (LPs). Investors are mainly institutional: occupational pension schemes, insurance companies, sovereign wealth funds, funds of funds, and university or charitable endowments. High‑net‑worth individuals and family offices also invest, often via feeder, nominee or aggregator vehicles. Some may make co‑investments alongside the fund. The term...

Lao PDR FDI regime: legislation, approvals, sectoral restrictions, review timelines, penalties, merger control interface and recent FX rules

Published by a LexisNexis Competition expert

Practice notes

1. What is the applicable legislation?

The principal statute regulating both foreign and domestic investment in the Lao PDR is the Law on Investment Promotion (No 14/NA of 2016) (the Investment Promotion Law). This law sets out promoted activities, permissible investment forms, investment terms, investment and tax incentives, Investors’ rights and duties, and the investment licensing process, which applies equally to domestic and foreign investors. The Enterprise Law (No 33/NA of 2022) (the Enterprise Law) took effect on 5 April 2023, replacing the previous Enterprises Law (No 46/NA of 2013). The new law broadly follows the prior regime, while introducing procedural tweaks to streamline the company set-up process. The Controlled and Concessionary Business Decree (No 03/PM of 2019) (the Controlled and Concessionary Business Decree) and the Notification of Conditional Businesses for Foreign Investors (No 1327/MOIC.ERM of 2015) (the Conditional Business List) specify sectoral shareholding and registered capital thresholds for foreign investment in defined industries. The Notification of Reserved Businesses for Lao Citizens (No 328/MOIC of 2015) (the Reserved Business List) lists sectors closed to foreign participation. These instruments are being updated and should be monitored for legislative developments over...

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Web page updated on 27/05/2026

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