accountants and business advisers
Articles - 07 08 2020
Thailand is set to regulate tax revenues from foreign digital transactions by reforming its traditional tax system to cover loopholes that have been introduced by the global digital economies. This change is in line with its ASEAN neighbours, such as Singapore, Malaysia, and Indonesia, who have already issued similar regulations earlier this year to equalize competition between foreign and local companies.
News - 05 08 2020
Articles - 25 07 2020
Articles - 07 07 2020
The Royal Thai Police has recently issued the new Regulation which provides some Expats’ relief on the requirement of TM30 reporting, as well as for property owners (i.e., house-master, owners or lessors of a residence) and hotel managers in Thailand. The new Regulation was published in the Government Gazette on 16 June 2020 and it has been effective from 30 June 2020 onwards.
Hotel businesses will be exempted from paying an annual fee to the government until 2022 to help reduce their burden in the aftermath of the Covid-19 outbreak.
News - 03 07 2020
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Articles - 22 06 2020
To address the urgent need regarding the outbreak of COVID-19 which has prolonged since the beginning of this year, the Office of Board of Investment has launched the recent relief measures under the Announcement No. Por. 4/2563 (“Announcement”) on 12 May 2020 in accordance with the Investment Protection Act B.E. 2520 (1977).
After the Thai Immigration Bureau’s Announcements for automatic visa extension back in March and April 2020, the Covid-19 pandemic has been on-going and the current extensions for the visas of foreigners remaining in Thailand persists until the end of July 2020. The past extension Announcements were aimed to reduce the risks of over-crowding concerning foreigners seeking visa extensions at the Immigration Bureau. Foreigners whose Visas have already expired can stay in Thailand without penalty for their overstay until the end of July 2020.
Articles - 08 06 2020
There appears to be some confusion among businesses in Thailand as to the prospects for support measures from the Government of Thailand aimed at debt restructuring to tackle the economic effects of COVID-19.
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