On 4th October 2018, the Trade Competition Commission (“TCC”) issued 5 notifications to implement the Trade Competition Act B.E. 2560 (A.D. 2017) (“TCA”). They were published in the Government Gazette on 1st November 2018 and have come into force since 2nd November 2018. They cover implementation rules on market definition, market share, prohibited acts of… Read More
The NLA (National Legislative Assembly) approved the Property Tax Act B.E. 2561 (“Act”) on 16th November 2018. The Act will repeal and replace the Household and Land Tax Act B.E. 2475 (A.D. 1932) and other local property tax laws. The Act will soon be published in the Government Gazette and become effective on and from… Read More
The 18th General Assembly and 68th & 69th Council Meetings (“Meeting”) of the Asian Patent Attorneys Association (“APAA”) were held during 17th to 21st November 2018 in New Delhi, India. Kowit Somwaiya, Managing Partner and Founder of LawPlus Ltd., has served as one of the two representatives from the APAA Recognized Group of Thailand in… Read More
On 20th September 2018, the National Legislative Assembly (“NLA”) approved in principle an Amendment to the Labour Protection Act B.E. 2541 (A.D. 1998). The draft is now being reviewed by a reviewing committee appointed by the NLA before it is resubmitted to the NLA for the second reading and the final approval. The major amendments… Read More
On 9th August 2018, the Trade Department of the Ministry of Commerce (“MOC”) issued its Newsletter No. 6/2018 on Amendment of Importer and Exporter Registration (“IE Registration”) Procedures to govern new registration, renewal, amendment and obtaining certified registration certificate for import and export of goods under the Exporter and Importer Registration Order 1954 issued under… Read More
On 20th September 2018, the Ministry of Planning and Finance issued its Notification No. 76/2018 (“Notification”) to amend the Myanmar Investment Rules 2017 (“MIR”). The major amendments include:- 1. An investment strategically important to Myanmar must obtain a Myanmar Investment Commission Permit (“MIC Permit”) if its investment value exceeds USD20 million and if it… Read More