On 4th October 2018, the Trade Competition Commission (“TCC”) issued 5 notifications to implement the Trade Competition Act B.E. 2560 (A.D. 2017) (“TCA”). They were published in the Government Gazette on 1st November 2018 and have come into force since 2nd November 2018. They cover implementation rules on market definition, market share, prohibited acts of… Read More
The NLA (National Legislative Assembly) approved the Property Tax Act B.E. 2561 (“Act”) on 16th November 2018. The Act will repeal and replace the Household and Land Tax Act B.E. 2475 (A.D. 1932) and other local property tax laws. The Act will soon be published in the Government Gazette and become effective on and from… Read More
The 18th General Assembly and 68th & 69th Council Meetings (“Meeting”) of the Asian Patent Attorneys Association (“APAA”) were held during 17th to 21st November 2018 in New Delhi, India. Kowit Somwaiya, Managing Partner and Founder of LawPlus Ltd., has served as one of the two representatives from the APAA Recognized Group of Thailand in… Read More
On 20th September 2018, the National Legislative Assembly (“NLA”) approved in principle an Amendment to the Labour Protection Act B.E. 2541 (A.D. 1998). The draft is now being reviewed by a reviewing committee appointed by the NLA before it is resubmitted to the NLA for the second reading and the final approval. The major amendments… Read More
On 11th September 2018, the Thai Cabinet approved the Digital Identification Bill (“Digital ID Bill”) in principle. The Digital ID Bill is expected to be passed by the National Legislative Assembly (“NLA”) and become effective by the middle of next year. This bill once enacted will set up the digital ID system to facilitate and… Read More
1. Overview The Eastern Economic Corridor (EEC) covers an area of 3 provinces in the eastern region of Thailand. The 3 provinces are Chachoengsao, Chonburi and Rayong. The EEC is established by laws passed in 2017 and 2018 to promote investments in 10 specially targeted industries, which are the next-generation automotive, smart electronics, affluent… Read More