Law Update – New Personal Data Protection Regulation – Data Protection Officer (DPO)

In Thailand the Personal Data Protection Act (the “PDPA”) has been in effect since 1 June 2022 and several subsequent clarifying notifications have since been issued by the Personal Data Protection Committee (“PDP Committee”) regarding preparation, maintenance, and security of …

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Thailand Privilege Card Program by Thailand Elite

Since 2003, Thailand Elite, an organization supported by the Thai government and a wholly owned subsidiary of the Tourism Authority of Thailand (“TAT”), has offered the opportunity to eligible foreigners to obtain a Thailand visitor visa for 5, 10 or …

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Long-Term Resident (LTR) visa has been granted to a highly-skilled professional. How does the 17% personal income tax flat rate work in practice?

Congratulations to highly-skilled professionals whose Long-Term Resident (“LTR”) visa is approved and stamped in their passport.  Those LTR professionals with potential eligibility to pay personal income tax at a 17% flat rate may however now have questions about how this …

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EMPLOYMENT: WORKING FROM HOME

EMPLOYMENT: WORKING FROM HOME Amendment No. 8 to Labour Protection Act, 1998 On 3 January 2023 Thailand’s Parliament approved Labour Protection Act (“LPA”) No. 8, which now awaits publication in the Government Gazette before coming into effect.  It will add …

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Thai company law changes effective 7 February 2023

An Act Amending the Civil and Commercial Code (“Amendment”) by introducing changes to corporate governance and transactional rules in private limited companies, as well as by introducing a two-part merger concept to replace the former amalgamation concept, was published in …

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TEMPORARY REDUCTION IN CONTRIBUTION RATES TO SOCIAL SECURITY FUND

 On 20 September 2022 the Cabinet has approved a draft ministerial regulation reducing certain social security contribution rates for 3 months as proposed by the Ministry of Labour.  It is expected that the ministerial regulation will be issued and officially …

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MINIMUM WAGE UPDATE:

Thailand’s National Wage Committee has resolved, in their meeting No. 08/2022, held on the 26th of August 2022, that Thailand’s minimum wages will be increased to assist with inflation and increased cost of living pressures. The resolution, and wage increase, …

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INTRODUCTION OF NEW LONG-TERM RESIDENT (“LTR”) VISA  

Thailand is introducing a new LTR visa to boost economic recovery, investment and domestic spending in a sustainable way after the adverse impact of the Covid-19 pandemic on the Thai economy, particularly on the tourism sector. The government set a …

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THAILAND EXTENDS PERMISSION TO STAY FOR FOREIGN TOURISTS

To support economic recovery and mitigate the negative impact suffered by businesses in the tourism sector due to the Covid-19 pandemic, the Centre for Covid-19 Situation Administration (CCSA) has approved a plan for extension of permission to stay in Thailand …

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Personal Data Protection Regulations

The Personal Data Protection Act (PDPA) came fully into effect on 1 June 2022, and four new regulations under the PDPA have recently been issued and took effect on 21 June 2022. We understand that more regulations are expected soon. …

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Thailand Revokes Test and Go and Sandbox Schemes – Retains Thailand Pass System – Reduces Insurance Requirements

Effective 1 May 2022 Thailand is revoking the Test and Go and the Sandbox Schemes, and reducing Covid-19 insurance requirements for non-Thai citizens entering the Kingdom. For those who for at least 14 days prior to the date of travel …

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Developments in Judicial Interpretation of Labor Law

Although one sometimes encounters reference to a “precedent” decision from the Thai courts, in fact the decisions of the Thai courts – although frequently persuasive – do not form part of the body of the law.  Divergences in judicial interpretation …

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Thailand’s Tax Relief Measures on COVID-19 for 2021

In response to the Thai Cabinet’s resolution on 26 January 2021, the following tax measures have been launched to relieve the ongoing impact of the COVID-19 outbreak. Lower Registration Fees for Residential Property Transactions To adopt the Thai Cabinet’s resolution, …

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PriceSanond Briefing News Letter

IMMIGRATION UPDATES The Notification on Conditions for Aircraft Permission to Enter Thailand (No.2), effective from 3 July 2020, eases restrictions for entry into Thailand for 11 groups of people: (1) Thai nationals. (2) Exempted persons, persons invited by the Prime …

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DBD Grants Limited Relief to Companies’ Annual General Meeting Requirement

In response to the COVID-19 crisis, Thailand has imposed measures limiting both international and domestic travel, which in turn have impacted companies’ operations, including meeting the statutory requirements for holding an annual general meeting of shareholders (AGM).  These meetings must …

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