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BANGKOK GLOBAL LAW

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Category: Legal Insight – February 2024

June 16, 2024March 11, 2025Legal Insight - February 2024

Utility Green Tariff

The Notification of the Energy Regulatory Commission of Thailand (ERC) re: Criteria for Determining Utility Green Tariff (“UGT”) B.E. 2566 (A.D. 2023) […]

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June 16, 2024March 11, 2025Legal Insight - February 2024

The Thai cabinet (“Cabinet”) approved the draft to relax documents requirement for transport business license

The Cabinet approved the draft of ministerial regulation (No. – ) under the Land Transport Act B.E. 2522 (A.D. 1979) (the “Draft”) […]

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June 16, 2024March 11, 2025Legal Insight - February 2024

The Revenue Department Issues a New Notification on Income Tax Exemption

The Revenue Department (“RD”) issued the Notification (“Notification”) on 29 December 2023, regarding income tax exemption on actual amount income paid for […]

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June 16, 2024Legal Insight - February 2024

The Eastern Economic Corridor (“EEC”) has approved a 10-year visa, work permit, and a flat 17% tax rate for foreigners

Under Thailand 4.0, the Thai government has enacted numerous investment programs in order to attract foreign ventures. These include the Eastern Economic […]

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June 16, 2024Legal Insight - February 2024

The Draft of Royal Decree on Value-Added Tax (“VAT”) exemption on digital asset trading has been approved by the Thai Cabinet

The Draft of Royal Decree to enhance and extend tax exemption measures was approved by Thai Cabinet. The Draft will extend VAT […]

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June 16, 2024Legal Insight - February 2024

The draft Independent Workers Promotion and Protection Bill aims to transform freelance work in Thailand

In response to the evolving digital landscape and the increasing reliance on electronic platforms for work, the Ministry of Labor has introduced […]

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June 16, 2024Legal Insight - February 2024

Thailand’s sugar exports to China surge due to ACFTA

The ASEAN-China Free Trade Agreement (ACFTA) has substantially boosted Thai exports to China, particularly in processed sugar products such as syrup, artificial […]

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June 16, 2024Legal Insight - February 2024

Thai SEC Allegations Against Former CEO of a company

The Securities and Exchange Commission (“SEC”) filed a criminal complaint with the Economic Crime Suppression Division (“ECD Police”) against a former CEO […]

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June 16, 2024Legal Insight - February 2024

Tax reduction on spirits and wines in 2024

Thailand has been imposing high rate of excise tax on alcoholic beverage, especially on wine and local liquor products. However, in 2024, […]

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June 16, 2024Legal Insight - February 2024

Solving the influx of cheap goods

The small local producers of household goods have been damaged by the influx of the cheap foreign products into Thai markets. Because […]

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