Reduction in Social Security Contribution Rate for Employees

On 26 January 2021, the Thai Cabinet approved a Draft Ministerial Regulation (“Draft”) that reduces the rate of mandatory Social Security Fund contributions for employees between 1 February 2021 and 31 March 2021.  The Draft will revise the Ministerial Regulation re: Determination of Contribution Rates to the Social Security Fund B.E. 2563 (2020) (“SSF Regulation”), … Continue reading Reduction in Social Security Contribution Rate for Employees