On 24 May 2021 the Trade Competition Commission (TCC) of Thailand announced new antitrust guidelines in relation to the credit terms under which small to medium sized enterprises (SMEs) sell goods and services. The new guidelines, which were published in the Gazette on June 18, 2021 will come into force on 16 December 2021, after […]
Overview As a part of its economic evolution, Thailand is placing the issue of sustainability at the forefront of its effort to digitally transform the nation’s economy. In accordance with these efforts, the Thailand Data Center Market is expected to receive investments of around one billion USD by 2026. Currently, there are 14 unique third-party […]
Entrepreneurs wishing to conduct business, bring skills and knowledge or invest in a start-up in Thailand can now easily do so through the so-called Smart Visa. New measures have been introduced through the Smart Visa in order to promote innovation and boost the economy. The Smart Visa was introduced in 2018 in targeted industries, when […]
In a meeting on 6 September 2021, the Thailand Board of Investment (BOI) approved several measures in an effort to support carbon reduction in the country. Three overarching measures were approved, including: 1. Incentives aimed at encouraging companies to reduce greenhouse gas emissions; 2. An upgraded scheme to support Thailand’s production of electric vehicles; and […]
Prior to the introduction of products or services to the Thai market, trademark owners must consider whether trademark applications should be filed through the Madrid (international trademark) system or the national filing system in Thailand. It is worth considering concurrent filings under both the Thailand system and the international trademark filing system. Trademark registration process […]
Thailand is investing in Fintech and increasing their cross-border collaboration on the exchange of information and knowledge. Thailand and FinTech in the News On 29th July 2021, The Thai Securities and Exchange Commission (SEC) and the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) signed a Memorandum of Understanding (“Memorandum”) on information sharing regarding Fintech […]