Vientiane: The Tax Department of the Golden Triangle Special Economic Zone reported a significant drop in revenue in 2025, alongside new measures to modernize tax administration and improve compliance.
According to Lao News Agency, the annual performance review indicated that total tax revenue collected in 2025 reached 32,273 million Kip, which is a decrease of 127,729 million Kip, or 48.98%, compared to the previous year.
The department currently manages 1,849 registered business units in its Tax Management Information System (TaxRIS). Out of these, 551 businesses have ceased operations. During the year, authorities renewed contracts for 1,298 businesses, issued 165 new taxpayer identification numbers, and provided 721 tax obligation certificates.
Officials highlighted several ongoing challenges, including the slower-than-expected implementation of the national agenda on economic and financial recovery, business classification survey delays due to budget constraints, and difficulties in transitioning enterprises with annual revenues exceeding 400 million Kip to standardized accounting systems. The self-declared tax payment rate remains at 55% across the province, while longstanding tax debt related to public expenditure continues to present challenges.
To enhance revenue collection, the department plans to coordinate with the zone's management authorities to ensure vehicle owners within the zone fully pay annual road fees. Additionally, businesses will be encouraged to use the TaxRIS system for independent tax filing and payment.
Authorities will increase monitoring of personal income tax from employee salaries and residency-related fees associated with Dok Ngiew Kham Group to ensure full and regular contributions to the national budget. Tax officials will also conduct on-site data collection for new infrastructure projects and rental businesses to improve tax assessment accuracy.
The department reaffirmed its commitment to strengthening accountability through detailed work planning and enhanced personnel management to meet future revenue targets in Lao PDR.
