On 1st October 2021, the Ministry of Planning and Finance (“MOPF”) issued its Notification No. 510/2021 on procedures for assessments of specific goods tax (“SGT”), commercial tax (“CT”), personal income tax (“PIT”), corporate income tax (“CIT”) and capital gains tax (“CGT”) for the transitional period of six months from 1st October 2021 to 31st March... Read More

On 30th September 2021, the State Administration Council (“SAC”) issued the State Administration Council Law No. 21/2021 as the new Union Tax Law effective from 1st October 2021.  The UTL changes the rates of the personal income tax, the corporate income tax, the tax on income from undisclosed sources, and the specific goods tax. 1. ... Read More

On 25th November 2021, Naddaporn Suwanvajukkasikij and Usa Ua-areetham our partners spoke as exclusive guest speakers at the 22nd Legal Forum Seminar Pattaya organized by the KTCC (Korean-Thai Chamber of Commerce) at Dusit Thani Hotel, Pattaya.  The topics presented by the team were on HR and Data Privacy Compliance Issues and Practices. The attendees were... Read More

Foreign investors can set up legal entities and business units in Thailand to do foreign direct investments in Thailand. Private Limited Company Foreign investors can register a private limited liability company with the Ministry of Commerce (MOC).  The company must have at least three promoters, three shareholders and one authorized director.  The promoters must be... Read More

On 25th October 2021, the Cabinet approved in principle the draft of the Royal Decree on Supervision of Digital Platform Services Required to be Notified (“DPRD”) to be enacted under the Electronic Transactions Act B.E. 2544 (A.D. 2001) to provide protection to consumers and digital platform users, enhance the credibility of digital platforms, and maintain... Read More