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Tag Archives: Delaware

Directors of U.S. Companies Now at Greater Risk for Corporate Malfeasance Abroad

  • By Price Sanond
  • March 24, 2013
  • Comments Off on Directors of U.S. Companies Now at Greater Risk for Corporate Malfeasance Abroad

Following a Delaware Court decision in a headline case, directors of U.S. corporations are at greater risk now for personal liability for FCPA violations and other acts of corporate malfeasance abroad. Read the PDF Click here to download Adobe PDF …

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Latest News


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

By Price Sanond  /  September 29, 2023
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
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Thailand Privilege Card Program by Thailand Elite

By Price Sanond  /  September 13, 2023
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
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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?

By Price Sanond  /  September 4, 2023
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%
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EMPLOYMENT: WORKING FROM HOME

By Price Sanond  /  February 17, 2023
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
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Thai company law changes effective 7 February 2023

By Price Sanond  /  December 23, 2022
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
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TEMPORARY REDUCTION IN CONTRIBUTION RATES TO SOCIAL SECURITY FUND

By Price Sanond  /  September 26, 2022
 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
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MINIMUM WAGE UPDATE:

By Price Sanond  /  September 19, 2022
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
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INTRODUCTION OF NEW LONG-TERM RESIDENT (“LTR”) VISA  

By Price Sanond  /  August 26, 2022
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
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THAILAND EXTENDS PERMISSION TO STAY FOR FOREIGN TOURISTS

By Price Sanond  /  August 26, 2022
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
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Personal Data Protection Regulations

By Price Sanond  /  June 21, 2022
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
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Thailand Revokes Test and Go and Sandbox Schemes – Retains Thailand Pass System – Reduces Insurance Requirements

By Price Sanond  /  April 27, 2022
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
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Developments in Judicial Interpretation of Labor Law

By Price Sanond  /  February 18, 2021
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
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Thailand’s Tax Relief Measures on COVID-19 for 2021

By Price Sanond  /  February 2, 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
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Thailand’s Personal Data Protection Act – hazards and perils for data holders!

By Price Sanond  /  November 20, 2020
Introduction: Prior to 2019, there was no specific law in Thailand to protect personal data. A person who sought to protect the acquisition, storage or distribution of his/her data had
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Thailand encourages mediation of certain disputes as an alternative to litigation

By Price Sanond  /  November 13, 2020
Introduction: Many have commented on the delays and inefficiency that are encountered in civil litigation in Thailand. There are numerous changes that could be made to the Civil Procedure Code
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PriceSanond Briefing News Letter

By Price Sanond  /  July 14, 2020
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)
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DBD Grants Limited Relief to Companies’ Annual General Meeting Requirement

By Price Sanond  /  April 10, 2020
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
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