On 24th January 2017, the Cabinet approved in principle the Bill on Companies Limited (Sole Proprietor) (the “Bill”) as proposed by Ministry of Commerce, and ordered the Office of the Council of State to propose amendments to related laws, while taking into consideration opinions of the Ministry of Justice, the Bank of Thailand, and the… Read More
On 11th November 2016, the National Legislative Assembly (“NLA”) accepted the Bill on Control in Promotion of Foods for Infants and Young Children (the “Bill”) in principles after its first reading. The Bill was proposed to the Cabinet by the Ministry of Health and the Cabinet accepted it on 25th October 2016 before forwarding the… Read More
On 11th November 2016, the National Legislative Assembly (“NLA”) accepted the Bill on Tobacco Products Control (the “Bill”) in principles at its first reading. The Bill is being reviewed by a 21-member reviewing committee of the NLA before its second and final readings within 60 days from 11th November 2016. If finally passed, the Bill… Read More
The Prime Minister, Prayut Chan-o-cha, used Section 44 of the interim constitution of Thailand for extending the 7% value-added tax (“VAT”) for another year. The announcement was published on the Royal Gazette on 1st November 2016 and took effect retroactively from 1st October 2016. Under Section 80 of the Revenue Code, the VAT rate is… Read More
On the 18th of August 2016, the Cabinet approved in principle a Ministerial Regulation Draft (the “MRA”) and a Prime Minister’s Office Announcement (the “PMOA”) for relaxing certain rules of the Working of Alien Act B.E. 2551 (2008) (the “Alien Act”) for long-term foreign residents in Thailand. Under the MRA, foreigners who had been living… Read More
On 12th October 2016, the European Commission released the news that the Commission has awarded intellectual protection to Khao Sangyod Muang Phatthalung (“Phatthalung Rice”), a golden rice registered as a GI in Thailand 10 years ago, as a Protected Geographical Indication (“PGI”). It is described in the Official Journal of the European Union granting the… Read More