The Department of Business Development of the Ministry of Commerce (“MOC”) announced recently that in September 2021 the Foreign Business Commission (“FBC”) granted FBLs (foreign business licenses) to 26 foreign companies to operate restricted businesses with investment capital of THB559 million. These companies are mainly from Japan, Singapore and South Korea doing businesses in software… Read More
On 1st October 2021, the Prime Minister of Thailand and the Minister of Interior jointly signed the Ministry of Interior Notification on Permission for Some Types of Foreigners to Reside in the Kingdom on a Special-Case Basis to extend the period for filing applications for the STV for one more year from 1st October 2021… Read More
On 27th September 2021, the Ministry of Labour issued its Ministerial Regulation on Rates of Contributions to the Social Security Fund under the Social Security Fund Act B.E. 2533 (A.D. 1990) to set out new social security fund contribution rates in response to the Covid-19 pandemic. The objective of the new rates is to reduce… Read More
The Minister of Tourism and Sports in the capacity of the Chair of the Professional Sports Committee under the Professional Sports Promotion Act B.E. 2556 (A.D. 2013) announced in the Government Gazette on 20th September 2021 that e-sport is now recognized as a professional sport under the Professional Sports Promotion Act, and that all associations… Read More
On 9th September 2021 LawPlus Ltd. hosted a webinar on Laws on FDI in Thailand. The speakers were 3 partners of LawPlus Ltd. (Kowit Somwaiya, Naddaporn Suwanvajukkasikij and Usa Ua-areetham). For more details, please click the slide cover below. You can also find the audio and video record of the webinar by click here. Laws… Read More
The Narcotics Act B.E. 2522 (1979) (“NA”) was recently amended by the Narcotics Act (No. 8) B.E. 2564 (2021) (“Amended NA”). The Amended NA was published in the Government Gazette on 26th May 2021 and came into force on 24th August 2021. The Amended NA excludes Kratom (Mitragyna speciosa (Korth.) Havil) from the list of… Read More