Author Archives: Luca

We are delighted to announce a significant milestone for Mahanakorn Partners Group (MPG). Mr. Luca Bernardinetti, our distinguished Chairman and Managing Partner, has been appointed as the Trusted Lawyer of the Embassy of Sweden in Bangkok. This prestigious appointment not only reflects Mr. Bernardinetti’s exceptional legal acumen but also underscores the long-standing, fruitful collaboration between […]

Thailand has been undertaking significant reforms aimed at improving the ease of doing business in the country. The Regulatory Reform for Ease of Doing Business Committee, chaired by Dr. Tongthong Chandrasu, has reported substantial progress across various sectors, aiming to attract foreign investment and streamline business operations. This overview provides an in-depth analysis of the […]

The Ministry of Finance and the Revenue Department of Thailand have recently proposed a new tax scheme aimed at imposing Value-Added Tax (VAT) on all imported goods, including those valued at less than 1,500 Baht. This policy shift seeks to address several challenges faced by small and medium-sized domestic businesses. As it stands, the international […]

The landscape of international taxation has undergone significant shifts in recent years, primarily driven by initiatives like the Base Erosion and Profit Shifting (BEPS) project by the Organization for Economic Cooperation and Development (OECD). One of the pivotal aspects of BEPS is the introduction of Pillar II, which aims to establish a global minimum tax […]

Thailand’s tax landscape is undergoing a significant transformation with proposed amendments aiming to tax worldwide income and expand the tax base to include online platforms. These changes, spearheaded by the Revenue Department under Director-General Kulaya Tantitemit, signal a shift towards aligning Thailand’s tax regime with international standards while ensuring fair taxation in the digital economy […]

As of April 2024, Thailand’s Ministry of Interior has issued significant legal updates aimed at invigorating the real estate market and addressing housing challenges. These updates include two new Ministerial Regulations reducing registration fees for real estate transfers and mortgages, as well as a tax exemption policy to incentivize residential construction. This comprehensive overview will […]