Thai Legislation: One Person Company Act
As recently approved by the Office of the Council of State, the One Person Company Act (“Act”) is finally near its official enforcement after the first draft in 2017. According to the Act, a one person company is a type of juristic person established for profit-seeking purposes with an ordinary person as a sole capital […]
Reduction of the Contribution to Social Security Fund
With Thailand heading into economic recession as a result of the COVID-19 pandemic suffered nationwide, the employment sector has been adversely affected by the substantial market downturn. To cut costs during this abnormal operation, businesses are laying off employees and adjusting the monthly salaries paid to their workers. To acknowledge this economic situation, on 1 […]
Thailand Long Stay “Special Tourist Visa”
Since the start of the Covid-19 pandemic, the number of tourists in Thailand has been significantly reduced. The Thai tourism business and other related industries are severely affected by this situation. However, Thailand has been effectively controlling the spread of Covid-19 and the government is trying to restore the economy. Hence, the Thai Cabinet just […]
Automatic Visa Extension – The Last Visa Amnesty
After the Thai Immigration Bureau’s announcements for automatic visa extension back in March, April and June 2020, foreigners whose visa was expired could stay in Thailand until the end of July 2020 without any penalty for overstaying. There were many questions on what will be the next step for foreigners after the end of July […]
Cabinet approved amendments to the Thai Civil and Commercial Code (“TCCC”) Concerning Corporate Laws
On 23 June 2020, the Thai Cabinet has approved amendments to the TCCC and Act for the Prescription of Penalty Imposed on Registered Partnerships, Limited Partnerships, Limited Company, Associations and Foundations B.E. 2499 (1956) (“Penalty Act”) related to the corporate registration, penalty for delayed payment of dividend, and the combinations of limited companies. The objectives […]
Updated Guidelines for Foreigners with a Work Permit Entering Thailand
According to the Regulation Issued under Section 9 of the Emergency Decree on Public Administration in Emergency Situations No. 12, issued on 30th June 2020, the Thai government has allowed specified groups of Thai and foreign travelers to enter Thailand as of 1st July 2020. One of the permitted groups includes foreigners who have a […]
Government exempts hotels from annual room fee until 2022
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. The Royal Gazette website on Wednesday (July 1) announced the ministerial regulation on exemption of the fee for hotel businesses. The regulation signed by Interior Minister General Anupong […]
Automatic Visa Extension – Is my visa secured?
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 […]
BOI Relief Measures for COVID-19 Impacts
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). In order to […]
Exemption of annual fees for factory business operators
Due to the recent outbreak of coronavirus disease 2019 (COVID-19) in Thailand, the economic downturn has negatively affected various stakeholders and actors across the economy, especially in industrial and manufacturing sector. Consequently, many factory operators have been suffering from a decrease of income and increase of cost of production. With due response, the Ministry of […]
