To support Thailand’s transition towards a clean economy and development of an electric vehicles (“EV”) manufacturing hub, the Board of Investment (“BOI”) offers incentives for investment projects for the manufacturing of battery electric vehicles (“BEV”) and BEV platforms in Thailand (Category 3.8). The key incentives and conditions are summarized below. Key conditions 1. The investment… Read More
The companies registered in Myanmar under the Myanmar Company Law 2017 (MCL) and the regulations issued by the Directorate of Investment and Company Administration (DICA) and the branches and representative offices of foreign companies operating in Myanmar are required to prepare and file official reports and filings with the DICA through the Myanmar Companies Online… Read More
Winding up of a private limited company in Thailand takes longer time than registering it. The Civil and Commercial Code (“CCC”) of Thailand is the main legislation that sets out the requirements and procedures for winding up of the company as summarized below. The Articles of Associations of the company and the Shareholders Agreement (if… Read More
On 21st February 2024, the Ministry of Commerce tabled for public hearings: (1) the draft Royal Decree on Amendment to the Types of Businesses in the List Annexed to the Foreign Business Act B.E. 2542 and (2) the draft Ministerial Regulation on Prescription of Businesses Which Do Not Require a Foreign Business License (“Draft MR”)… Read More
On 13th February, 2024, the Ministry of Commerce (“MOC”) issued its Notification No. 1/2024 to specify the rates of the official fees in Myanmar Kyat (“MMK”) for filing applications in relation to copyrights matters under the Myanmar Copyrights Law 2019 (“CRL 2019”) effective from 13th February 2024. We summarized the types of the applications and… Read More
The Myanmar Industrial Design Law (IDL 2019) was passed by the Parliament of the Republic of Union of Myanmar on 30th January 2019. The Ministry of Commerce (MOC) issued the Industrial Design Rules (IDR) on 29th September 2023. The IDL 2019 came into force on 31st October 2023 under the Notification No. 271/2023 of State… Read More