Thailand’s Engagement with the Global Minimum Tax in 2025
UNDERSTANDING THE GLOBAL MINIMUM TAX (GMT) The Global Minimum Tax (GMT) is a major shift in international taxation led by the Organisation for Economic Co-operation and Development (OECD), aiming to curb profit shifting and ensure fair tax distribution. Thailand is among the signatories of this initiative, which is based on two main pillars.
Thailand Updates Long-Term Resident (LTR) and SMART Visa Programs
On January 13, 2025, Thailand’s Cabinet approved major revisions to the Long-Term Resident (LTR) Visa program, reinforcing the country’s strategy to attract skilled professionals, investors, and their families. These revisions are designed to encourage foreign investment and contribute to the nation’s long-term economic development. The new criteria will become effective upon official publication in the …
Continue reading “Thailand Updates Long-Term Resident (LTR) and SMART Visa Programs”
Navigating Thailand’s PDPA: Key Compliance Insights
INTRODUCTION Thailand’s Personal Data Protection Act (PDPA) is an important framework governing how businesses handle personal data. Compliance with the PDPA is essential for organizations to avoid legal risks, financial penalties, and reputational damage. This article provides an overview of the key compliance requirements, common challenges, and best practices businesses should adopt to ensure compliance …
Continue reading “Navigating Thailand’s PDPA: Key Compliance Insights”