On January 13, 2025, Thailand’s Cabinet approved a draft Royal Decree under the Revenue Code, introducing corporate income tax (CIT) reductions to attract investment into Thailand’s Special Economic Zones (SEZs). Proposed by the Ministry of Finance, this measure aims to stimulate economic activity, enhance cross-border trade, and strengthen Thailand’s position as a regional investment hub. […]
On January 13, 2025, Thailand’s Cabinet, under Prime Minister Paetongtarn Shinawatra, approved the Draft Entertainment Complex Act, a landmark regulatory framework designed to govern integrated entertainment complexes. Developed by the Fiscal Policy Office under the Ministry of Finance, this draft legislation aims to boost tourism, attract foreign investment, and drive sustainable economic growth. A key […]
In an exclusive Q&A session with the Thai-Italian Chamber of Commerce (TICC), Mr. Giacomo Iobizzi, Secretary General, interviewed two leading experts on PDPA compliance: Ms. Werinorn Manphan, Counsel at the Corporate and Commercial Department of MPG, and Mr. Eddy Bellavoine, Chief Commercial Officer (CCO) at SafeComs. The discussion covered key challenges, best practices, and critical […]
On 23 January 2025, during the World Economic Forum in Davos, Switzerland, the European Free Trade Association (EFTA) and Thailand signed a landmark Free Trade Agreement (FTA), marking Thailand’s first trade agreement with a European bloc. This agreement aims to enhance trade, investment, and economic growth between Thailand and EFTA members—Switzerland, Norway, Iceland, and Liechtenstein. […]
On January 13, 2025, Thailand’s Cabinet approved significant updates to the Long-Term Resident (LTR) Visa program, reflecting the country’s commitment to attracting skilled professionals, global investors, and their families. These changes aim to foster increased foreign investment and support Thailand’s long-term economic growth. The new criteria will take effect upon publication in the Government Gazette, […]
The Easy E-Receipt 2.0 program, effective from January 16 to February 28, 2025, is a government initiative designed to offer personal income tax deductions for eligible purchases. Introduced under Ministerial Regulation No. 397 (B.E. 2568), this policy enables taxpayers to claim deductions using e-tax invoices and e-receipts issued by registered companies. This article outlines the […]