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News in Thailand
Income tax exemptions on offer for investment in target companies
01/09/2022
Income Tax exemptions have been made available to those who invest in targeted industries and companies.
Income Tax exemptions have been made available to those who invest in targeted industries and companies.
Frequently asked questions about Sponsored Work Permits
31/08/2022
In this post we will take a look at some of the most commonly asked questions relating to the sponsored work permits.
In this post we will take a look at some of the most commonly asked questions relating to the sponsored work permits.
Thailand’s LTR visa – a comparison
30/08/2022
The long-term resident visa in Thailand, also known as LTR visa, will soon be available for application. This brand new visa is due to be released in September 2022.
The long-term resident visa in Thailand, also known as LTR visa, will soon be available for application. This brand new visa is due to be released in September 2022.
How to change a company director in Thailand
29/08/2022
The addition or removal of a company director may become necessary as your business evolves. If you need to change or remove a director from your Thai Limited Company, you must follow a set procedure.
The addition or removal of a company director may become necessary as your business evolves. If you need to change or remove a director from your Thai Limited Company, you must follow a set procedure.
Thailand is considering a new Labor law for Work-from-Home arrangements
23/08/2022
The Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country’s Labour Protection Act (LPA).
The Thai parliament has recently passed the first reading of the so-called Work-from-home Bill, which seeks to amend the country’s Labour Protection Act (LPA).
The Metaverse and Web 3.0 update – August 17th
17/08/2022
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
The metaverse and web 3.0 has once again Web 3.0 announced some hugely exciting news over the past 2 weeks.
New notice and takedown procedures for the Computer Crimes Act being considered
16/08/2022
This Draft Amendment is to improve efficiency and reduce time for implementing new notice and takedown procedures of illegal computer data.
This Draft Amendment is to improve efficiency and reduce time for implementing new notice and takedown procedures of illegal computer data.
Thailand Approves Draft PDPA Exemptions
15/08/2022
In July 2022, the Thai cabinet approved in principle a Royal Decree which set out some PDPA exemptions.
In July 2022, the Thai cabinet approved in principle a Royal Decree which set out some PDPA exemptions.
Bank of Thailand plans to hold a Central Bank Digital Currency Pilot Test
11/08/2022
The Bank of Thailand (BOT) is planning to take the next step in its development of a retail central bank digital currency (CBDC) by holding a pilot phase to test its feasibility.
The Bank of Thailand (BOT) is planning to take the next step in its development of a retail central bank digital currency (CBDC) by holding a pilot phase to test its feasibility.
Thailand plans to raise the minimum wage by 5-8%
10/08/2022
Thailand plans to raise minimum wage by 5-8%
Thailand plans to raise minimum wage by 5-8%
Thailand considering legalising Casinos
08/08/2022
A report and blueprint has been submitted to the Thai Parliament, asking them to consider issuing a decree allowing Casinos in Thailand.
A report and blueprint has been submitted to the Thai Parliament, asking them to consider issuing a decree allowing Casinos in Thailand.
Exploring the 4 new PDPA sub-regulations
02/08/2022
Following the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) coming into full effect on 1 June 2022, four sub-regulations were introduced by the Personal Data Protection Committee (PDPC).
Following the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) coming into full effect on 1 June 2022, four sub-regulations were introduced by the Personal Data Protection Committee (PDPC).
The Metaverse Web 3.0 update – August 1st
01/08/2022
From Post Malone and Tony Hawk announcing virtual experiences to Reddit and Nike announcing Digital Asset platforms, it's been another exciting couple of weeks for Web 3.0.
From Post Malone and Tony Hawk announcing virtual experiences to Reddit and Nike announcing Digital Asset platforms, it's been another exciting couple of weeks for Web 3.0.
Thailand’s SEC opens public hearing relating to ICO portal regulations
22/07/2022
On June 23, 2022, Thailand’s Securities and Exchange Commission (SEC) began a public hearing period which will focus on regulatory controls for initial coin offering ICO portals.
On June 23, 2022, Thailand’s Securities and Exchange Commission (SEC) began a public hearing period which will focus on regulatory controls for initial coin offering ICO portals.
Thailand’s SEC announces plans to regulate Ready-to-Use Utility Tokens
21/07/2022
Thailand's Securities and Exchange Commission (SEC) announced its intention to start regulating ‘ready-to-use’ utility tokens.
Thailand's Securities and Exchange Commission (SEC) announced its intention to start regulating ‘ready-to-use’ utility tokens.
A new regulation for digital platforms approved by the cabinet
20/07/2022
On 24 May 2022, the Cabinet approved a new regulation which aims to strengthen the existing regulations relating to digital platforms.
On 24 May 2022, the Cabinet approved a new regulation which aims to strengthen the existing regulations relating to digital platforms.
What are the benefits of the LTR Visa?
19/07/2022
Thailand’s new Long-Term Resident visa (the LTR) will be available for application to those who satisfy the qualifying requirements.
Thailand’s new Long-Term Resident visa (the LTR) will be available for application to those who satisfy the qualifying requirements.
Thailand considering allowing foreigners to own land
18/07/2022
A proposal is being drafted by the Thai Interior Ministry which would allow foreigners to purchase and own land in Thailand.
A proposal is being drafted by the Thai Interior Ministry which would allow foreigners to purchase and own land in Thailand.
E-certificate for Patent and Designs is now available
14/07/2022
Thailand's Department of Intellectual Property of Thailand (“DIP”) has announced the introduction of QR Codes and Reference Numbers being added to patent certificates.
Thailand's Department of Intellectual Property of Thailand (“DIP”) has announced the introduction of QR Codes and Reference Numbers being added to patent certificates.
Airbnb and the Tourism Authority of Thailand work together to promote remote work
13/07/2022
Airbnb recently announced a new initiative called "Live and Work Anywhere" which included Thailand as a destination.
Airbnb recently announced a new initiative called "Live and Work Anywhere" which included Thailand as a destination.
The Metaverse Web 3.0 update – July 11
11/07/2022
HTC announcing they’ve developed their own metaverse focused mobile phone, to Kevin Hart announcing a Web 3 experience, Web 3.0 is once again making waves in the online world.
HTC announcing they’ve developed their own metaverse focused mobile phone, to Kevin Hart announcing a Web 3 experience, Web 3.0 is once again making waves in the online world.
Purchasing property in Thailand and the fees and taxes involved
08/07/2022
When looking to purchase property in Thailand, it is important to consider the additional costs, such as fees and taxes, you are likely to encounter on top of the sale price.
When looking to purchase property in Thailand, it is important to consider the additional costs, such as fees and taxes, you are likely to encounter on top of the sale price.
Everything you need to know about starting a Cannabis business
07/07/2022
On June 9th, 2022, Thailand became the first Asian country to legalise cannabis, making starting a cannabis business an attractive proposition.
On June 9th, 2022, Thailand became the first Asian country to legalise cannabis, making starting a cannabis business an attractive proposition.
BOI offers incentives to companies promoting sustainability
05/07/2022
Thailand's Board of Investment are now offering promotions to companies who promote sustainability through their activities.
Thailand's Board of Investment are now offering promotions to companies who promote sustainability through their activities.
Electronic signatures in Thailand
04/07/2022
Electronic signatures have begun to become more and more popular as the method for signing documents.
Electronic signatures have begun to become more and more popular as the method for signing documents.
Thailand to work with the OECD to tackle international tax avoidance
30/06/2022
As part of their responsibilities as a signatory the OECDs project to tackle international tax avoidance, Thailand has ratified the MLI.
As part of their responsibilities as a signatory the OECDs project to tackle international tax avoidance, Thailand has ratified the MLI.
Decreased Tax Rates for Foreign Professionals
29/06/2022
In May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code announced decreased tax rates for foreign professionals.
In May 2022, the Royal Decree No. 743 B.E. 2565 (2022) issued under the Revenue Code announced decreased tax rates for foreign professionals.
4 new updates to the PDPA announced
28/06/2022
On 21 June 2022, the Data Protection Committee published four new updates to the PDPA.
On 21 June 2022, the Data Protection Committee published four new updates to the PDPA.
The Metaverse Web 3.0 update – June 27
27/06/2022
The Metaverse and Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
The Metaverse and Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
What are the penalties for breaching the PDPA?
24/06/2022
Failure to comply with the PDPA could result in civil, criminal, and/or administrative penalties handed to the offending party.
Failure to comply with the PDPA could result in civil, criminal, and/or administrative penalties handed to the offending party.
Understanding BOI Company Formation Step-by-Step Guide
23/06/2022
Understanding BOI company formation is important as companies who have been approved for a BOI promotion are eligible for special incentives.
Understanding BOI company formation is important as companies who have been approved for a BOI promotion are eligible for special incentives.
Amendment to the Public Limited Companies Act comes into force
22/06/2022
An amendment to the Public Limited Companies Act (No. 4) B.E. 2565 (2022) has been approved by the Government.
An amendment to the Public Limited Companies Act (No. 4) B.E. 2565 (2022) has been approved by the Government.
BOI approves new investment schemes in Thailand
21/06/2022
BOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).
BOI Thailand approves new investment schemes and incentives worth 209.5 billion baht (US 6.2 billion).
Long Term Resident Visa available from September 2022
20/06/2022
Thailand has formally launched a new visa, known as a Long Term Resident Visa, which is due to begin in September 2022.
Thailand has formally launched a new visa, known as a Long Term Resident Visa, which is due to begin in September 2022.
Sponsored Work Permit in Thailand
15/06/2022
Sponsored Work Permits in Thailand provide employee management services and administrative assistance.
Sponsored Work Permits in Thailand provide employee management services and administrative assistance.
VAT exemption for cryptocurrency and digital token trading in Thailand
14/06/2022
The VAT exemption for cryptocurrency and digital token trading in Thailand is now in force.
The VAT exemption for cryptocurrency and digital token trading in Thailand is now in force.
Web 3.0 update – June 2022
13/06/2022
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Web 3.0 has continued to make headlines with some exciting developments having been announced recently.
Requirements for entering Thailand in June 2022
02/06/2022
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
Thailand has approved a set of changes to make it easier for foreign travellers to enter Thailand.
Understanding the Foreign Business Act in Thailand
31/05/2022
The Foreign Business Act (FBA) was introduced as a way to govern business activities involving foreign nationals and entities.
The Foreign Business Act (FBA) was introduced as a way to govern business activities involving foreign nationals and entities.
Accounting for a BOI company – 5 things you should know
11/05/2022
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
The most popular choice for business structure in Thailand is a Limited Company, but Representative and Branch Offices provide an interesting alternative.
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