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Amendment to Public Limited Companies Act B.E. 2535 (1992) and Introduction of Operational Efficiency
News - 2021-07-13

Amendment to Public Limited Companies Act B.E. 2535 (1992) and Introduction of Operational Efficiency

In the light of this digital era, the Cabinet of Ministers passed a resolution on May 11, 2021, to adopt the new Public Company Limited Act ("Drafted Legislation")  in order to modernize the corporate processes and provide operational convenience to the public limited companies under the Public Limited Companies Act B.E. 2535 (1992) ("Act") by introducing electronic arrangements for relevant procedures and eliminating outdated and inefficient requirements thereunder.

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Not all audits have to be long and painful
News - 2021-07-02

Not all audits have to be long and painful

The general perception with annual audits throughout the world is they are a necessary evil. Companies are required to have an audit, but they find the whole process a lot of effort and cost for very little benefit.

PKF Thailand auditors are different. They traditionally have provided their client's additional level of service. The PKF Thailand audit team ....

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Legal Updates: Another One-Year Postponement of PDPA
News - 2021-06-08

Legal Updates: Another One-Year Postponement of PDPA

Since the postponement affords additional time for all sectors in Thailand to adapt and customize their operation for PDPA compliance, this Royal Decree is a blessing in disguise. By next year, most sectors’ operations, if not all, should be in full compliance with PDPA; this will only be beneficial for all parties involved because PDPA offers comfort to all data subjects that their personal data will be handled with due care and transparency. In another light, PDPA enforcement will usher in a new regulatory era of data transactions in Thailand, which is necessary, given how much data is being used in the current business paradigm of the global Big Data trend

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Legal Updates: A Way Out for the Real Estate, Industry?
News - 2021-05-11

Legal Updates: A Way Out for the Real Estate, Industry?

The government is looking to amend the current real estate law to pave the way for more foreign investment in Thailand in order to stimulate the economy during the pandemic. This legal amendment promises more freedom for foreign acquisition of condominiums, houses, and lands in Thailand.

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News - 2021-04-30

DBD’s Recent Announcement to Address AGM

Organizing a meeting in public spaces during the COVID-19 pandemic is a difficult thing to do and it has become near-impossible with the recent third-wave outbreak. Through its official announcement as dated 26 April 2021 (“DBD Announcement”), the Department of Business Development (DBD) responded to this change of event by allowing postponement of juristic persons’ meetings as well as providing an alternative e-meeting arrangement,

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News - 2021-04-19

AGM 2021

A limited company must hold the Annual General Meeting (AGM) within 4 months of the fiscal year end.

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News - 2021-02-25

New e-VAT Legislations for Foreign Source Digital Service and e-Platform

On 10 February 2021, a new Act Amending to the Thai Revenue Code (No.53) B.E. 2564 was legally enacted concerning foreign companies’ duty to collect and remit VAT on digital services and e-platforms as published in the Thai Royal Gazette.

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News - 2020-11-01

Free online workshop - Simplify your bookkeeping and go paperless with Hubdoc and Xero

Xero’s data capture tool, Hubdoc, has been included for Xero Starter, Standard and Premium Plan.

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News - 2020-09-21

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.

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