The Securities and Exchange Commission (“SEC“) has published the conceptual document on qualifications of cryptocurrency investors (“CI”) for public hearing from 25th February 2021 to 27th March 2021.  The essential elements of the document are as follows: Qualifications The CI must have:- •   the annual income (excluding the spouse’s income) not less than THB1 million,... Read More

It has been almost three years since the Emergency Decree on Digital Asset Business Operation B.E. 2561 of Thailand (“DA Law”) came into force on 14th May 2018.  Since then several implementation rules have been issued by the Ministry of Finance (“MOF”), the Securities and Exchange Commission Thailand (“SEC”) and the SEC Office.  This article... Read More

The Act on Amendment to the Revenue Code (No. 53) B.E. 2564 was published in the Government Gazette on 10th February 2021.  The Act is effective from 11th February 2021, except for its provisions on the requirements on filing of the VAT return and remittance of the collected VAT, which will become effective on and... Read More

On 13th January 2021, the Thailand Board of Investment (“BOI“) issued a series of announcements, retroactively effective from 4th November 2020, to encourage more investments in the targeted industries in Thailand.  Their key provisions are summarized below:- 1.   Five new investment activities are eligible to investment promotion.  They are (1) hospital for elderly; (2) nursing... Read More

It has been almost three years since the Emergency Decree on Digital Asset Business Operation B.E. 2561 of Thailand (“DA Law”) came into force on 14th May 2018.  Since then several implementation rules have been issued by the Ministry of Finance (“MOF”), the Securities and Exchange Commission Thailand (“SEC”) and the SEC Office.  This article... Read More