June 16, 2024Legal Insight - February 2022 Thailand has legalized medical use of Cannabis, but prohibited its use for recreation purpose On 24 January 2022, Thai Food and Drug Administration or Thai FDA announced that Cannabis and Hemp are medicinal plant that has […] Read more
June 16, 2024Legal Insight - February 2022 Thai Government approved 0% Capital Gain Tax for an Investment in Thai Startups Capital Gain Tax can be defined as a tax on profits from sale of an investment that derives when an asset is […] Read more
June 16, 2024Legal Insight - February 2022 Security standard requirements regarding cyber security are expected to be enacted by the end of 2022 As Personal Data Protection Act B.E. 2562 will be officially enforced in June 2022, data or personal information of both private and […] Read more
June 16, 2024Legal Insight - February 2022 Postponement of Digital Asset Taxation in Thailand On 20 January 2022, the Office of the Securities and Exchange Commission (“SEC”) held the online meeting to talk with the Revenue […] Read more
June 16, 2024Legal Insight - February 2022 Personal Data Protection Committee was officially appointed After a few years since the Personal Data Protection was published in the Royal Gazette of which its full enforcement has been […] Read more
June 16, 2024Legal Insight - February 2022 Long-stay visa has been approved by the cabinet On 18 January 2022, the Cabinet passed its resolution on measures aimed at attracting wealthy long-stay foreigners to Thailand. The purpose is […] Read more
June 16, 2024Legal Insight - February 2022 Foreigners still confront with many restrictions on retirement in Thailand As Thailand has been ranked 11th out of 25th regarding best countries to retire in the world of 2020, it is necessary […] Read more
June 16, 2024Legal Insight - February 2022 Digital assets for payment in Thailand are under discussion The Bank of Thailand (“BOT”), the Securities and Exchange Commission (“SEC”), and the Ministry of Finance had jointly discussed and came to […] Read more
June 16, 2024Legal Insight - February 2022 Clear criteria for collecting crypto tax is expected to be issued On 10 January 2022, the Revenue Department (“RD”) issued a statement via the RD website that the RD was urged to prepare […] Read more