Thailand promotes investments by granting tax and non-tax incentives to Thai and non-Thai investors who are manufacturers and service providers of promotion eligible business activities. 1. Major Governing Legislations (1) Investment Promotion Act B.E. 2520 (A.D. 1977) as amended by the Investment Promotion Act (No. 2) B.E. 2534 (A.D. 1991) and the Investment Promotion Act… Read More
The National Legislative Assembly passed the Eastern Economic Corridor Act B.E. 2561 (“EECA”) in February 2018 and it was published in the Government Gazette on 14th May 2018 and has become effective since 15th May 2018. The EECA establishes the EEC Policy Committee (“EECPC”) chaired by the Prime Minister and the EEC Office (“EECO”) to… Read More
Kowit Somwaiya, Managing Partner of LawPlus Ltd., was interviewed by the WIPR on anti-counterfeiting and brand enforcement. The interview was published as “Meeting the Challenges of Innovation in Asia” in the INTA Daily News dated 19th May 2018 during the INTA 140th Annual Meeting in Seattle. In the interview, Kowit discussed the main trademark-related goals… Read More
On 14th May 2018, the Myanmar National Committee of Minimum Wage (“Committee”) issued the Notification No. 2/2018 (“Notification”) to repeal and replace its Notification No. 2/2015 dated 28th August 2015 to increase the minimum wages for employments in Myanmar. According to the Notification, effective from 14th May 2018, the minimum wages of MMK450 per hour… Read More
On 9th May 2018, the Ministry of Commerce of Myanmar (“MOC”) issued its Notification No. 25/2018 to regulate and facilitate wholesale and retail sale businesses (“Notification”). The Notification applies to all wholesale and retail sale businesses owned and operated by foreigners or Myanmar nationals or their joint ventures. 1. Wholesale and Retail Sale Under Under… Read More