Update on Relief for TM30 filing requirements
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 […]
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 […]
Bringing a degree of clarity to the yet-to-be-ratified Thai Gov’t measures aimed to support debt restructuring
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. At the beginning the COVID-19 lockdown, the Ministry of Finance announced approval (subject to Thai government ratification) to implement tax and fee […]
A Discussion on Managing Uncertainty for Decision Makers
COVID-19 has drastically changed the global economic outlook, and now more than ever, it is important to balance realism with optimism. We have no way of knowing how long the COVID-19 crisis is going to last and what the World will look like once it has passed but what is certain is that things are […]
Development of electronic meetings in Thailand
Further to the recent outbreak of coronavirus disease 2019 (COVID-19) in many countries, including Thailand, the Thai government has enacted the Emergency Decree on Electronic Meetings B.E. 2563 (2020) which allows the company to hold the meetings via electronic media without the requirement for the attendees to be physically present in Thailand nor to be […]
The latest COVID-19 Business Support Measures Report
The latest COVID 19 – BUSINESS SUPPORT MEASURES report (dated: 10 April 2020) prepared by the JFCCT, providing a summary of Thai Cabinet approved relief measures for Thai companies to support the economy during COVID 19 crisis on 10 March and 24 March 2020, as well as an additional Corporate Compliance Summary and comments on the […]
Payment of salary compensation from the Social Security Fund for low paid workers effected by COVID-19
The following summarises the 2 (two) new Social Security changes to Social Security Fund legislation to provide greater support for the payment of salary compensation for employees (NB: most acutely focused on low paid workers) effected by COVID-19, which has already passed approval from the Thai Cabinet and has been officially announced in the Social […]
Cash is King
The rapid spread of anti-corona virus measures around the world has already had a significant effect on the ability of businesses to continue to function. The total effect varies significantly by industry and by country. Entertainment, hospitality and retail are struggling to survive, and many businesses will simply not make it. Companies in developed countries […]
