According to the Phuket News, foreigners who have applied for an extension before 26 September 2020 are allowed to stay in Thailand until 30 November. As for foreigners who have not applied for the extension, they are allowed to stay until 30 October. People who got an extension must present
The chamber has received from our corporate member Tilleke & Gibbins the following update regarding notification about reducing required Social Security Fund contribution rates due to COVID-19 situation. Thai government has issued a new notification to reduce required Social Security Fund contribution rates to 2% for a period of three
The chamber has from our corporate member Baker & McKenzie received the following update related to relief measures issued by the government. These measures aim to alleviate the impact of COVID 19 on the economy for workers and employers. For example, mandatory Social Security Fund contributions are reduced to 2%
From our corporate member Baker McKenzie the chamber has received the following information on the regulations for mergers as opposed amalgamation of companies. The new regulation will allow for far more flexibility and less paperwork when merging companies. More information can be obtained here.
The COVID-19 pandemic has led to shutdowns, lockdowns, and quarantines around the world, forcing companies into drastic cost-cutting measures to offset severely diminished (or zero) revenue due to a lack or production or a lack of consumers. Notably, labor costs—the single biggest expense for many companies—are typically negotiated in advance,
The chamber has from our corporate member Baker & McKenzie received the following update related to the Land Tax Act. On 10 June 2020, the Royal Decree Reducing Tax for Certain Types of Land and Buildings, B.E. 2563 (2020) (the "Royal Decree") was published in the Government Gazette and will become
The Royal Thai Police has issued a notification which relaxes the requirement for property owners or hotel managers in Thailand to notify an immigration office every time a foreign national stays in their property. Titled “The Royal Thai Police Notification on Residence of Heads of Household, House Owners, Landlords, or
On May 26, 2020, Thailand’s Ministry of Digital Economy and Society issued a new Notification Re: Security Standards of Meetings via Electronic Means, which came into effect the following day. The notification details the mandatory security standards and procedures that meeting organizers must comply with when convening electronic meetings under
As one of the leading law firms on PDPA issues, our member Tilleke & Gibbins has informed us with the latest process on the enforcement in Thailand which seems to be attacked by COVID-19 as well. Thailand’s Personal Data Protection Act B.E. 2562 (2019) (the PDPA) is currently due to