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Thailand Legal Updates

Thailand Legal Update January 2022

– Citigroup has announced to sell its retail banking division in Southeast Asia to UOB (14 January 2022)
– The gigantic insurers filed a legal case against the OIC, over COVID-19 coverage termination prohibition (14 January 2022)
– Thailand to charge THB 300 entry fee for all international visitors (16 January 2022)

Thailand Legal Update December 2021

– Work from home policy will be reinstated in 2022
– BOI extends the scope of business of TISO and IBC, by allowing lending to affiliates
– Thailand has expressed its intention to become a member of the Multilateral Convention on Base Erosion and Profit Shifting (BEPS)

Thailand Legal Update May 2020

– Financial aid and slowdown of debt repayment for entrepreneurs affected by COVID-19
– Emergency Decree re: COVID-19 extension 1 – 31 May 2020 and government regulations in emergency situation and the guidelines
– Announcement of Wage Committee re: wage rate according to skill standards (No. 9)

Legal Update January 2020

– Regulations regarding the appointment of the Personal Data Protection Commission has been approved by the Cabinet;
– Min. Reg. prescribing buildings constructed for non-residential purpose B.E. 2562;
– An employee must submit GorTor. 20 Gor form within February.

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