The Personal Data Protection Act (PDPA) became enforceable on the 1st of June 2022. The Act was adopted as law on the 28th of May 2019, but due to the COVID-19 pandemic and unresolved legislative processes, enforcement was delayed. Controversies surrounding the implementation of such regulation have not dissipated and the next few months will […]
The Ministerial Information Bulletin No. 10819 published on the 12th of May 2022 notifies the following amendments to the law: Penal Code Amendment Act (No. 29), B.E. 2565 (2022) Enforcement Date: 7th of May 2022 Amendment A: Section 73 of the penal code shall be repealed and replaced with the following: “Section 73. A child […]
To promote the trade of cryptocurrencies and digital tokens on registered exchange platforms, Royal Decree No. 744 (“Royal Decree”) was enacted, authorizing Value Added Tax (“VAT”) exemption. Investors who trade cryptocurrencies or digital tokens on exchange platforms registered in Thailand and under the Securities and Exchange Commission (“SEC”) will be entitled to VAT exemption. The […]
On October 14, 2021, Thailand’s Board of Investment (BOI) published an explanatory note (Note) on an earlier update about investment promotion for software development, digital platforms, and digital content. The noted followed the 16 September 2021 BOI’s announcement in regard to the consolidation of the list of promoted digital activities—‘software’ (5.7), ‘e-commerce’ (5.8) and ‘digital […]
The enactment of the Copyright Act No. 5 B.E. 2565 (the “Act”) is a necessary step to enhance the protection of copyrighted work in Thailand, in accordance with the technological changes, and to comply with the World Intellectual Property Organization’s Copyright Treaty, which Thailand will become a signatory of. The sanctioning of the Act complies […]
Thailand’s Board of Investment (BOI) has recently enhanced existing investment incentives and conditions to fast-track the growth of the Electric Vehicles (EV) domestic market and swiftly develop the necessary infrastructure of charging stations. Previously, only larger projects would benefit from tax exemptions. Specifically, currently investments in charging stations with no less than 40 chargers, one […]