The 10 member states of the ASEAN and China, Japan, South Korea, Australia and New Zealand signed the Regional Comprehensive Economic Partnership Agreement on 15th November 2020.  The RCEP will become effective when at least six ASEAN member states and three non-ASEAN signatories out the 15 member states ratify it.  Currently three members have ratified... Read More

On 1st February 2021, the military seized the administrative power from the Myanmar government and formed a new Government body (State Administrative Council).  For two months now, protests against the military coup are going on countrywide.  However, despite the coup and the protests, the private and public services are available albeit limited. Refiling of Registered... Read More

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