Obviously, there has been plans to increase the VAT rate from 7% to a yet to be known rate. However, Thailand's cabinet on Tuesday agreed to keep the value-added-tax rate unchanged at 7 percent for another two years, a government official said, to support economic activity as Thailand deals with
Regional Legal and Business News for April 2021 consisted of an Immigration Update on the extension of the quarantine period for all international travelers and restrictions on entry from India and Corporate Law News including the postponement of the enforcement of the Personal Data Protection Act and Convening a Meeting under
Due to the resurgence of COVID-19 in Thailand since March 2021, the Cabinet has approved new reductions in employers’ and employees’ mandatory contributions to the Social Security Fund (SSF). Contribution rates will be calculated as a percentage of each employee's monthly wages, based on a minimum and maximum monthly wage that
The chamber has received from our corporate member Tilleke & Gibbins the following update regarding Thai Cabinet Approves Further Delay to PDPA Enforcement On May 5, 2021, the Thai Cabinet approved in principle a further one-year extension to the full enforcement date of the Personal Data Protection Act. The decision to postpone
Newly announced closures from the Bangkok Metropolitan Authority (BMA). Since Monday 26 April 2021 a lot more services, public spaces and businesses around Bangkok are now closed. Additionally events will be limited to just 20 people, down from the former limitation of 50 people. Face mask-wearing will be enforced with
On Monday (26 April), a post on the Bangkok Metropolitan Administration (BMA) Facebook page clarified the requirements for wearing a face mask when out in public. The post said that the rule regarding face masks also applies to people who are in their own cars with at least one other person,
CCSA small committee spokeswoman Dr. Apisamai Srirangsan said that 1 April was the day that new quarantine and testing regulations come in The details of quarantine period: Quarantine period Quarantine details 7 Days For tourists who have completed vaccination programme 14 days prior to arriving in Thailand. Vaccinated tourists need
The seminar on Directors Liability by Till Morstadt from Lorenz & Partners was held at Captains Pub, Hotel Mermaid. 25 members and friends attended the seminar. The owner Jørgen Lundbæk passed away a few days before and a short commemoration ceremony was observed. The seminar captured many members interest and
The Cabinet on 9 March 2021 approved draft amendments to the Civil and Commercial Code on interest rates, following a proposal by the Office of the Council of State. The proposal seeks to amend Section 7 of the Civil and Commercial Code, which states that whenever interest is to be