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  • Article

    Cabinet-Approved Personal Income Tax Measures For Investment Tokens

    On March 12, 2024, the Cabinet made significant strides in fiscal policy by endorsing tax measures designed to stimulate fundraising activities utilizing digital tokens...
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Foreign Actors To Be Exempt From Paying Personal Income Tax In Thailand

    On June 21, 2022, the Cabinet of the Royal Thai Government decided to exempt the Personal Income Tax (PIT) collection from foreign actors when working on films shot in Thailand...
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Thailand's Work From Home Bill Introduces An Amendment To The Labor Protection Act B.E. 2541

    Thailand's Work from Home Bill introduces an amendment to the Labor Protection Act B.E. 2541, a critical labor law in the country.
    ThailandEmployment and HR
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Thai Cabinet Approves Comprehensive Tax Measures To Revitalize Domestic Tourism

    In a significant move towards enhancing the domestic tourism sector, the Cabinet has endorsed a series of tax measures tailored to ignite domestic tourism on June 4, 2024.
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    SEC Enhances Digital Asset Regulations To Promote Growth And Protect Investors

    On March 2, 2023, the Securities and Exchange Commission (SEC) of Thailand took a significant step forward by approving amendments to the regulatory framework governing digital assets...
    ThailandCompliance
    ILCT Ltd.
    ILCT Ltd.
  • Article

    The Copyright Act Changes To Match The Technological Advancement In Thailand

    After several discussions in the past, the Copyright Act (No. 5) B.E. 2565 on the amendment to the Copyright Act B.E. 2537 became effective on August 23, 2022.
    ThailandIntellectual Property
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Personal Income Tax On Foreign-Sourced Income Brought Into Thailand By Thai Tax Residents

    The Revenue Department has recently announced changes to the taxation of foreign-sourced income brought into Thailand by Thai tax residents.
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Amendment To The Civil And Commercial Code With An Aim To Introduce A New Form Of Merger And Changes In The Structure Of A Private Limited Company.

    On November 8, 2022, the Act Amending the Civil and Commercial Code ("CCC") (No. 23) B.E. 2565 (2022) (the "Amendment Act") was published in the Royal Gazette and will enter into force...
    ThailandCorporate/Commercial Law
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Cabinet Approval Of Alcoholic Beverage Tax Reductions And Exemption For Tourism Enhancement: An Examination Of Excise And Customs Tax Revisions

    On the 2nd of January 2024, the cabinet granted its approval for substantial tax reductions and exemptions on alcoholic beverages, marking a strategic initiative to fortify the tourism sector.
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Consumer Protection: Laws And Regulations Governing Product Recall

    This legal summary provides an overview of the laws and regulations governing product recalls in Thailand under the Consumer Protection Act, B.E. 2522
    ThailandConsumer Protection
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Digital Asset Taxation In Thailand

    Digital assets pursuant to the Emergency Decree on Digital Asset Businesses B.E.2561 (2018) consist of cryptocurrencies and digital tokens ("Digital Assets").
    ThailandTechnology
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Visa Exemption For Nationals Of 93 Countries And Territories In Thailand

    In accordance with the regulations of the Kingdom of Thailand, nationals of 93 specific countries and territories are eligible for visa exemption under certain conditions.
    GlobalImmigration
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Brief On Taxation For Foreigners Under Thai Laws

    Thailand is a popular destination for expats and retirees from around the globe. If you're a foreigner living in Thailand, or with properties or ties in the country, it is important to know what type of income is subject to taxes under Thai laws.
    ThailandTax
    ILCT Ltd.
    ILCT Ltd.
  • Article

    Unlocking Innovation: Expedite Your Thai Patent Approval For Competitive Advantage

    Innovation is the fundamental pillar of achievement in the rapidly evolving business landscape. It is essential for both emerging entrepreneurs and established industry players...
    ThailandIntellectual Property
    ILCT Ltd.
    ILCT Ltd.
  • Article

    International Arbitration Comparative Guide

    International Arbitration Comparative Guide for the jurisdiction of Thailand, check out our comparative guides section to compare across multiple countries
    ThailandLitigation, Mediation & Arbitration
    ILCT Ltd.
    ILCT Ltd.

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