Thailand Issues New Credit-Term Rules For Large Purchasers From SMEs

On October 2, 2026, the Trade Competition Commission of Thailand (TCCT) issued a new notification on fair trade practices concerning credit terms where large businesses, including large wholesale and retail businesses, purchase goods or services from small and medium-sized enterprises (SMEs). The notification will take effect on November 2, 2026.

The new notification follows continued complaints from SMEs in Thailand about large businesses’ noncompliance with existing credit-term rules.

Businesses and Transactions Covered

The notification applies where an SME supplies goods or services on credit to a business with revenue from operations in Thailand of at least THB 500 million in the preceding financial year. The notification divides such purchasing businesses into “large businesses” and “large wholesale and retail businesses.”