Electronic-means Administrative Functions Act

The Electronic-means Administrative Functions Act B.E. 2565 (“EAFA”) was published in the Government Gazette on 12th October 2022.  It will become fully effective on and from 11th January 2023.  Some of its provisions have become effective on and from 13th October 2022. The EAFA requires almost all the government (administrative) offices to perform their functions… Read More

News / 31 Oct 2022

Residential Land Ownership of Foreigners

On 25th October 2022, the Thai Cabinet approved the draft regulation of the Ministry of Interior (MOI) Re: Acquisition of Land for Residential Purposes by Foreigners under the Economic Stimulus and Investment Measures for Attracting High-Potential Foreigners to Thailand. The key provisions of the draft regulation are summarized as follows: 1.   Foreigners who are eligible… Read More

News, Legal Brief / 31 Oct 2022

Requirements and Procedure for Visa Extension for Foreign Employees

On 14th September 2022, the Directorate of Investment and Company Administration (“DICA”) issued the announcement to set out the requirements for extension of visa for foreign employees. The employer company must an application for a recommendation letter from DICA for visa extension for each foreign employee.  The company employer must have been registered for at… Read More

News / 29 Oct 2022

Update on Employee Stock Option Program (ESOP) for SMEs

It has been over two years since the Securities and Exchange Commission (SEC) issued the Notification No. TorJor 17/2563 re: Offering of Newly Issued Securities through Private Placement by Small and Medium Enterprises (SMEs) on 12th March 2020 to relax the requirements for SMEs to raise funds in the capital market through a private placement,… Read More

News / 30 Sep 2022

Long-Term Resident Visa for Dependents of LTR Visa Holder

Thailand recently introduced the long-term resident visa (“LTR Visa”) to four categories of foreigners (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”) and their spouses and children (“Dependents”).  The Notification of the Ministry of Interior Re: Approval for Some Categories of Foreigners to Reside in… Read More

News, Legal Brief / 30 Sep 2022

Long-Term Resident Visa for Highly-skilled Professionals (HSP)

Thailand recently introduced the long-term resident visa (“LTR Visa”) to four categories of foreigners (“Eligible Foreigners”) who are wealthy global citizens (“WGC”), wealthy pensioners (“WP”), work-from-Thailand professionals (“WTP”), and highly-skilled professionals (“HSP”) and their spouses and children (“Dependents”).  The Notification of the Ministry of Interior Re: Approval for Some Categories of Foreigners to Reside in… Read More

News, Legal Brief / 30 Sep 2022