Thailand: Extension of the Reduced VAT Rate
Value added tax (VAT) is an indirect, non-cumulative, consumption tax levied on the supply of goods or provision of services in Thailand …
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Thailand: Ten year visa extension
Due to the rapidly increasing number of foreign senior-citizens seeking Thailand as a retirement destination, Thailand’s Cabinet recently approved the ten-year retirement visa extension …
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Asia gears up for international arbitration
Developments across the region are supporting the development of alternate dispute resolution mechanisms that will promote further investment into Asia’s …
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Thailand: The New Trade Competition Act
On 24 March 2017, the National Legislative Assembly (the “NLA”) in Thailand passed the final reading of the draft Trade Competition Act …
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Thailand: Amendment to BOI Act to create new BOI benefits
The Thai government has recently been promoting “Thailand 4.0”, which refers to creative and innovative industries … as a master plan to pull Thailand out of the middle-income trap and toward becoming a high-income country …
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Thailand’s Act on Digital Development for Economy and Society Comes into Force
Thailand has finally enacted the Act on Digital Development for Economy and Society B.E. 2560 (A.D. 2017) (“Digital Development Act”). It was published in the Royal Gazette on 24th January 2017 and has been effective on and from 25th January 2017…
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20-Year IP Roadmap for Thailand 4.0
On 26th January 2017, the Department of Intellectual Property (“DIP”) finally released the 20-Year IP Roadmap to reform the Thai intellectual property system to be in line with the strategy of driving the country to “Thailand 4.0”, which focuses on an economy based on innovation and intelligence …
