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
On 16th September 2016, the Prime Minister Prayut Chan-o-cha attended the opening of the ”Start-up Thailand and Digital Thailand 2016” event in Phuket. He reiterated the commitment of the Government to promote startups and to transform Phuket into a smart city. The ultimate aim of the Government is to digitalize the economy and society of Thailand so Thailand… Read More
The Act on Establishment of the Criminal Court for Corruption Cases B.E. 2559 (2016) (“the Corruption Court Act”) was published in the Royal Gazette on 16th August 2016 and it has come into force on and from 17th August 2016. The Criminal Court for Corruption Cases (“the Corruption Court”) will begin hearing cases on 3rd… Read More