On 18th April 2020, the Prime Minister of Thailand General Prayut Chan-o-cha issued an Emergency Decree on Electronic Meetings B. E. 2563 (“ED on E-Meetings”) effective from 19th April 2020. Under ED on E-Meetings, the Annual General Meeting (AGM), the Extraordinary General Meeting (EGM), the Board of Directors (BoD) Meeting of companies can now be… Read More
Old System and Trademark Law 2019 Before 2019, protection and enforcement of trademarks in Myanmar were possible under the “old system” based mainly on the Specific Relief Act 1877, the Law of Torts 1855, the Penal Code 1860, the Civil Procedure Code 1908, the Registration Act 1908 and the Deeds Registration Law 2018. The first-to-use… Read More
1. Major Legislations (1) The Digital Asset Business Operation Emergency Decree B.E. 2561 (A.D. 2018) (“DABO”). (2) The Revenue Code Amendment (No. 19) Emergency Degree B.E. 2561 (A.D. 2018) (“ARCA”). (3) Implementation rules and regulations for implementing the laws under (1) and (2) issued by the Ministry of Finance (“MOF”) and the Securities and Exchange… Read More
Thailand promotes investments by granting tax and non-tax incentives to Thai and non-Thai investors who are manufacturers and service providers of promotion eligible business activities. 1. Major Governing Legislations (1) Investment Promotion Act B.E. 2520 (A.D. 1977) as amended by the Investment Promotion Act (No. 2) B.E. 2534 (A.D. 1991) and the Investment Promotion Act… Read More
Effective from 15 March 2018, LawPlus Myanmar Ltd. has moved to Unit No. 520, 5th Floor, Hledan Centre Corner of Pyay Road and Hledan Road Kamayut Township, Yangon, Myanmar Our telephone numbers remain +95 92 6111 7006 and +95 92 6098 9752. Please click here for our location map. Please click here for the profile… Read More
The Payment System Act B.E. 2560 (“PSA”) was published in the Government Gazette on 16th October 2017. It will become effective on 14th April 2018. The PSA empowers the Ministry of Finance (“MOF”) and the Bank of Thailand (“BOT”) to license, regulate and supervise payment systems and payment services in order to manage risk, security,… Read More