GTCC (German Thai Chamber of Commerce) hosted a webinar in corporation with FRANK Legal & Tax to inform about government relief measures related to COVID-19 in Thailand. Thank you for attending, and we hope you enjoyed the event. The COVID-19 virus crisis is causing an economic downturn which is affecting businesses across the kingdom. To…
The Royal Thai Government announced phase 2 of a number of additional financial measures focusing on individuals that are not registered with the social security system. The measures include helping informal workers without social security benefits, including temporary employees and freelancers, and businesses that have been affected by the outbreak of coronavirus. The following measures will…
In light of the Covid-19 virus crisis that is causing the current economic downturn which is affecting businesses across the kingdom, The Royal Thai Government recently approved Phase One of a broad range of financial and fiscal relief measures designed to help Thai companies, especially small and medium-sized enterprises (SMEs), alleviate the current business downturn….
The newly approved Transfer Pricing Act, which aims to regulate transfer pricing between Thai companies and affiliated companies and will be added as Section 71 Bis to the Thai Revenue Code, will have a big impact on companies in Thailand. For the accounting period of 1 January – 31 December 2019, the Transfer Pricing Act…
With regard to the recent Covid-19 outbreak, concerns have been raised regarding health issue in the workplace. As infections can happen very easily, there are certain measures that can be taken by the employer. There is a variety of measures available to address the situation. In the case of an intensifying threat, one of the…
Under the new Personal Data Protection Act of Thailand (“PDPA”), sending an email newsletter to your customers, employees or business partners will now be subject to legal compliance requirements. This article summarizes the key issues: Consent Requirement The distribution of a newsletter will from now on require consent from the recipients. There are three types…
A “Pink ID Card” is an ID Card that was initially issued to stateless people to restrict their movement within the Kingdom of Thailand. The Registration Act of 2008 allows them to be issued to anybody who qualifies. Process Overview: To apply for a Pink ID card, you need a Thai ID number, and you…
FRANK Legal & Tax and the German-Thai Chamber of Commerce are pleased to invite you to: GTCC Executive Breakfast Talk “PDPA-What Businesses Need to Know” with our Lawyers Fabian Doppler and Rangsarit Suwanarat. Date: Tuesday, 25 February 2020 Time: 8:30 – 10:00 hours Venue: 9th Floor, Library room, Bangkok Marriott Marquis Queen’s Park This Breakfast Talk will…
Directors in today’s global market are increasingly being held personally liable for their actions that harm their companies, as well as facing civil and criminal liabilities for failing to comply with the procedures and requirements of various laws. In Thailand, directors of private limited companies face the genuine possibility of criminal sanctions for violations of the Civil &…
FRANK Legal & Tax is pleased to invite you to our seminar: Navigate Thailand’s labor law and policies with our seminar ‘Labor Law and Termination of Employment in Thailand‘ – in partnership with the Thai-Italian Chamber of Commerce (TICC). Thailand is becoming an important destination for many companies, both from commercial and investment point of…
On November 1st 2019, the Thai Ministry of Interior published two announcements regarding the fees for property registrations. One announcement is related to condominiums, the other announcement for land and buildings. According to the notifications, the registration fee for the transfer of ownership of a condominium, or a land and building at the Land Office…
As the Thai Baht is under pressure due to imbalanced capital flows, thus unusually strong in comparison to foreign currencies, the Ministry of Finance (MOF) and the Bank of Thailand (BOT) decided to loosen rules to facilitate capital outflows. MOF and BOT expect these measures will lessen pressure on the Thai Baht. These regulations are…
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