You can just copy the entire directory, including vendor dir to your webhost. Make sure you either rename public folder to public_html or httdocs or whatever it's called, or change the vhost if possible, or create a symlink.
And yes, you do need the mcrypt extension, it will fail otherwise: https://github.com/laravel/framework/blob/4.2/src/Illuminate/Foundation/start.php#L27
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