Reduction of Social Security Fund Contribution Rates

Due to the on-going COVID-19 pandemic, on 23rd June 2021, the Thailand Government enacted a Royal Decree to reduce the rates of the contributions which the self-insured persons must pay to the Social Security Fund under the Social Security Act B.E. 2533 each month for a period of 6 months from 1st August 2021 to… Read More

News / 30 Jun 2021

Foreign Legal Entities Must Obtain Digital ID Numbers

Effective from 1st July 2021 each foreign legal entity (“FLE”) established outside Thailand but operates businesses which are not prohibited or restricted under the Foreign Business Act (“FBA”) in Thailand, such as branches representative offices of foreign companies, must obtain a 13-digit ID number (“FLE ID No.”) from the Department of Business Development (“DBD”) and… Read More

News / 30 Jun 2021