On 23rd November 2017, the Board of Investment of Thailand (“BOI”) approved new investment packages to give additional tax incentives on top of the standard tax incentives for investment projects located in the Eastern Economic Corridor (“EEC”) area. The area covers Chonburi, Rayong and Chacheongsao provinces east of Bangkok. The BOI will soon issue notifications… Read More
Rules on 3rd October 2017, the Myanmar Investment Commission (“MIC”) issued the Announcement on Appointment of Foreign Experts for transparency and simplification of the procedures for appointment of foreign experts in line with the Myanmar Investment Law 2016 (“MIL”). On 15th November 2017, the MIC also issued the Explanation on Appointment of Foreign Experts for… Read More
The Payment System Act (“PSA”) B.E. 2560 was published in the Government Gazette on 16th October 2017. It will become effective on 14th April 2018. The PSA empowers the Ministry of Finance (“MOF”) and the Bank of Thailand (“BOT”) to regulate and supervise the Systemically Important Payment Systems, the Regulated Payment Systems, and the Regulated… Read More
On 17th November 2017 a team of lawyers of LawPlus Ltd. spoke as exclusive guest speakers at a half-day legal consulting seminar in Bangkok organized by the KTCC (Korean-Thai Chamber of Commerce). The topics presented by the team included the update on laws and practices 2017, the laws and practices on computer crimes and data… Read More
On 17th October 2017, the Cabinet approved drafts of amendments to the Civil and Commercial Code (the “CCC”) and the Act on Offences Related to Registered Partnerships, Limited Partnerships, Limited Companies, Associations and Foundations (the “AOO”). The drafts were proposed by the Ministry of Commerce. The proposed drafts aim at facilitating registration and operation of… Read More
On 10th October 2017, the German-Thai Chamber of Commerce jointly with other foreign Chambers of Commerce in Thailand (Amcham, BeluThai Chamber of Commerce, CanCham, Franco-Thai Chamber of Commerce, Singapore-Thai Chamber of Commerce, etc.) held a joint-chamber luncheon at InterContinental Hotel Bangkok to discuss the introduction of the 4.0 policy by the Thai government and the… Read More