With the ministerial regulation by the Ministry of Commerce of June 25th, 2019, the following services provided by foreign-owned companies, to affiliated companies, are excluded from the obligation to obtain a Foreign Business License according to Schedule Three (21) of the Foreign Business Act.
The house registration book, “tabien baan”, is the official house or apartment address and resident registration booklet. The house registration book includes the personal information of the persons having their domicile or legal residence at the house or condominium unit in Thailand.
Trademarks are used to identify a particular product or service. Often companies invest a significant amount of money in introducing and establishing a trademark. To protect this investment, it is essential to grant the exclusive use of this trademark for the investor.
The Board of Investment (BOI) Thailand agreed to promote investment incentive schemes for “Smart City” to improve living standards. Smart City is an initiative for advanced IT systems and innovations; the incentives shall contribute to the promoted city’s development in six fields and enhance the people’s quality of life, especially in more remote areas. Smart City focuses on the improvement of:
The BOI was established as a government agency under the office of the Prime Minister carrying out the Investment Promotion Act (B.E. 2520; 1977, as amended) to promote certain types of highly sought-after foreign and domestic investment in Thailand. Today, the BOI can guarantee different incentives to an investor.
Amendments to Thailand’s Factory Act will greatly affect the entire industrial factory business throughout the country. On 30 April 2019, the Royal Thai Government Gazette declared an amendment to the Factory Act B.E. 2535 (1992) by The Factory Act (No. 2 and No. 3) B.E. 2562 (2019). Recently, The Factory Act (No. 3) passed the 180 days period and became effective on 1 May 2019. The Factory Act (No. 2) is not effective yet.
Starting a Business in Thailand is much easier when the Board of Investment (BOI) promotes you. Our next event will provide an opportunity to explore the BOI promotions related to the tech industry in Thailand. Our experienced Lawyers will be starting with a big-picture view of foreign business licensing in Thailand, which will be followed by insights into the various BOI categories that are relevant to IT, software development and tech business. In addition, our Managing Partner, Fabian Doppler will briefly discuss the legal process for start-ups in Thailand.
In line with our ongoing strategy to extend our connection with Thailand’s business community, we are pleased to announce that we have joined TICC. This organisation is committed to the Italian economy and is a well-known network for business promoting the development of commercial activities as well as industrial and cultural collaboration between organizations and entrepreneurs both Thai and Italian.
With 38.27 million tourists visiting Thailand in 2018, generating a total income of 64.5 Billion USD, tourism is one of the major economic sectors in Thailand. Because of the high number of visitors, short term rentals for villas, condominiums or houses are highly requested. But lessors should take care to fulfill the requirements of the Thai government for this kind of rentals.
A new amendment for the Labor Law Protection has been announced in the Government Gazette on 5 April 2562 and the Act will come into force 30 days after its publication in the Gazette.
The amendments introduce additional rights for employees, such as: