During a recent Cabinet meeting, a comprehensive report on Thailand’s management of public debt was presented by Mr. Anucha Burapachaisri, the government spokesperson. The report, which incorporates key statistics and figures as of March 31, 2023, sheds light on Thailand’s public debt-to-GDP ratio and its stable outlook. Notably, it underscores the resilience of Thailand’s public […]
Thailand, with its strategic location in Southeast Asia and robust economic growth, has become an attractive destination for multinational corporations seeking to establish a regional presence. To facilitate such operations, the Thai government has implemented specific regulations governing the establishment and operation of regional offices. This legal review provides a comprehensive overview of the regulations […]
On the 8th of August 2022, The Board of Investment of Thailand issued an important announcement, numbered 6/2565, concerning the criteria for granting land ownership rights to foreign entities that have been promoted for investment purposes and intend to establish office and residential premises. This announcement took effect from the 13th of June 2022 onwards. […]
Thailand has emerged as a highly attractive destination for international businesses seeking to establish their presence in the Asian market. With its robust economy, strategic location, comprehensive connectivity, skilled workforce, affordable business costs, excellent business environment, and government support, Thailand offers a compelling proposition for foreign investors. Our research explores the International Business Center (IBC) […]
In this legal update, we will discuss the recent Announcement of the Board of Directors of the Securities and Exchange Commission of Thailand (SEC) No. 3/2566. The announcement introduces amendments to the criteria, conditions, and procedures for granting approval to digital token offering operators. These amendments aim to enhance regulatory oversight and address potential conflicts […]
Royal Decree on Business Tax Exemptions (Version 762) B.E. 2566 The Thai government has issued the Royal Decree on Business Tax Exemptions (Version 762) B.E. 2566, which provides provisions regarding the designation of businesses eligible for specific tax exemptions. This decree, effective from the date of its announcement in the Royal Gazette, aims to promote […]