Latest News
2024年11月26日
From Challenges to Opportunities: How a Second Trump Presidency Could Impact Thailand's Foreign Investment Landscape
The second term of Donald Trump´s administration as the United States President is expected to have a significant impact on Foreign Direct Investment (FDI) both negatively and positively.
2024年9月23日
Thailand’s Update on Accounting Standards Signal Shift Toward International Compliance for Businesses
The Thai Accounting Professional Council (APC) has published several major updates to the Thai Financial Reporting Standards (TFRS) which are particularly relevant to foreign businesses operating in the country.
2024年8月16日
Key Compliance Requirements for Data Deletion and Anonymization in Thailand: What Companies Need to Know from the Latest Personal Data Protection Guidelines
The Personal Data Protection Authority has set forth the criteria and obligations related to the deletion, destruction, or anonymization of personal data in the Royal Gazette.
2024年8月9日
Thailand Board of Investment approves new incentive package to boost automotive parts joint ventures
The Thailand Board of Investment (BOI) has introduced a new set of incentive packages to stimulate investment in joint ventures between Thai and foreign companies for the manufacture of automotive parts and components. The incentive package provides a tax exemption period of two years and targets vehicles with all propulsion systems including internal combustion engines, hybrids, and electric vehicles.
2024年7月30日
Thailand's New Tax Incentives: Unlocking Opportunities in Special Development Zones
The Director-General of the Revenue Department on Income Tax has published three announcements (No. 446, No.447, No.448) in the Official Gazette outlining the new criteria, methods, and conditions for income tax reductions and exemptions for businesses, skilled workers, and investments in special development zones (SDZs). These updates aim to foster economic growth in Thailand's SDZs through new incentives. These announcements came into force retroactively from 1 January 2024.
2024年7月18日
Ministry of Interior implements new stimulus visa measures to boost Thai economy through travel and tourism
The Ministry of Interior has published three regulations amending the Immigration Act B.E. 2522 (1979) in the Official Gazette. These amendments entered into force on 15 July 2024 and implement new visa measures to increase travel and tourism in the country.
2024年7月17日
Navigating the Evolving Landscape of IFRS: Insights from the Emerging Economies Group Meeting and Expected Impact in Thailand
The 27th meeting of the Emerging Economies Group (EEG) convened in Taiyuan, China, on 28-29 May 2024. The EEG, established in 2011 under the International Financial Reporting Standards (IFRS) Foundation Trustees, aims to amplify the involvement of emerging economies in the formulation of IFRS Accounting Standards.
2024年6月27日
DBD issues new registration requirements for transactions exceeding 5 million baht
The Department of Business Development Order No. 1/2024 in accordance with the Ministerial Regulation establishes the Company Partnership Registration Office to ensure the accuracy and consistency of registration processes.
2024年6月24日
MoF implements VAT collection for cheap imported goods to level playing field with domestic sellers
The Ministry of Finance has announced a new policy aimed at addressing the discrepancy in VAT obligations between foreign and domestic sellers, thereby promoting fairness in consumer transactions.
