On 18th January 2022, the Prime Minister of Thailand (represented by one of the Deputy Prime Ministers) approved the appointment of the Chair of the PDPC and its nine expert committees with prior approval of the Cabinet and as proposed by the Ministry of Digital Economy and Society under the Personal Data Protection Act B.E…. Read More
On 4th January 2022, the Cabinet of Thailand approved the draft Notification of the Ministry of Commerce on Counterfeits and Pirated Goods Prohibited from Export, Import and Transit to and from Thailand (“Notification”) to enhance the intellectual property protection commitment of Thailand under the Trade-Related Aspects of Intellectual Property Rights Agreement (TRIPS) and the Regional… Read More
LawPlus is pleased to announce that Paul Westover, who has more than 30 years’ experience of working in Asia, has joined the firm as a Partner, Ravipat Mullijarupongs has joined the firm as a Senior Associate, and Warit Lertwuthisart, Sitanan Bhumichitr and Kawalee Techasupatkul have joined as Associates. Mr. Kowit Somwaiya, Managing Partner of LawPlus,… Read More
The main tax legislation applicable to FDI in Thailand is the Revenue Code (“RC”), which covers the following taxes:- (1) Corporate Income Tax (“CIT”) CIT applies to businesses and legal entities registered in Thailand or registered abroad but operating a business in Thailand. Except for SMEs, companies registered in Thailand pay CIT based on both… Read More
Employment and Labour Protection The Civil and Commercial Code (“CCC”) and the Labour Protection Act B.E. 2541 (1998) (“LPA”) are the major employment and labor protection laws. The CCC defines employment as a hire of work (hire of services) and provides the general requirements for duties and liabilities of employers and employees. The LPA sets… Read More
The Government of Thailand approves and regulates FDI through several government authorities in charge under different applicable laws. The three major authorities are discussed below. (1) Ministry of Commerce (“MOC”) The MOC regulates and approves FDI of foreigners (defined under the Foreign Business Act B.E. 2542 (A.D. 1999) (“FBA”) as a foreign individual, a foreign… Read More