Worst Passwords of 2024: A Wake-Up Call for Digital Security
The latest annual study from NordPass on the 200 most common passwords globally highlights a persistent issue: many people continue to choose weak and predictable passwords, leaving their accounts highly vulnerable to cyberattacks. Key Findings Most Popular Passwords: “123456” remains the most widely used password worldwide, followed closely by “123456789” and the aptly named “password.” […]
Software Business Eligible for Thailand BOI Promotion
The latest BOI regulations have set forth several key requirements for software businesses to be eligible for promotion, with a focus on local development, hiring Thai IT professionals, and using advanced technologies. These regulations also provide clarity on how companies can include software developed before applying for BOI promotion, provided they continue to innovate and […]
Harnessing AI: PKF’s Insights on Emerging Technology and Business Adaptation
Exclusive Summary The recent advancements and strategic priorities in technology to drive business growth and resilience. Key Highlights Emerging Technology Trends– Increased adoption of AI and Machine Learning for operational efficiency and advanced data insights.– Emphasis on enhancing Cybersecurity measures to safeguard critical infrastructure.– Transition to Cloud Computing for scalable and flexible business operations. Organizational […]
Businesses in Thailand That Do Not Require a Foreign Business License (FBL)
Businesses in Thailand That Do Not Require a Foreign Business License (FBL) The Foreign Business Act (FBA) in Thailand requires foreign nationals to obtain a Foreign Business License (FBL) to engage in certain activities deemed sensitive or critical to the national interest. However, the approval process can be time-consuming, and there is no guarantee that […]
Major Private Company Fined 7 Million Baht for Data Breach by PDPC
The Office of the Personal Data Protection Committee (PDPC) Imposes a Fine on a Major Private Company for Data Breach On August 21, 2024, Mr. Prasert Chantrarawongthong, the Minister of Digital Economy and Society (DE), announced that the PDPC has imposed a fine of 7 million baht on a major private company for allowing a […]
Who and what to do when being audited on the issue of Transfer Pricing?
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
Shareholders who are individuals and the consideration of related companies
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
Notification of the Director-General of Revenue Department on TAX (No.407)
Notification of the Director-General of the Revenue Department regarding Income Tax (No. 407): Prescrip
Advance Pricing Agreement (APA)
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
Microsoft Thailand Collaborates with NCSC to Strengthen Cybersecurity in Thailand
Bangkok, Thailand – May 28, 2024 – Microsoft Thailand today announced a collaboration with the National Cyber Security Agency (NCSC) to join the Government Security Program (GSP) to exchange cybersecurity information, knowledge, and insights in a transparent manner, aiming to strengthen cybersecurity in Thailand. The Government Security Program (GSP) is a global initiative where Microsoft […]
