Thailand Legal Update September 2021
- VAT on foreign e-Service providers (1 September 2021)
- BOI reported increasing interest for automatization project using robotics (12 September 2021)
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- VAT on foreign e-Service providers (1 September 2021)
- BOI reported increasing interest for automatization project using robotics (12 September 2021)
- Postponement of land and building tax collection again by the end of October 2020.
- Social security contributions to be reduced for 3 months from September to November
- VAT to maintain at 7% for another year.
- Amend the organizational structure of BOI
- Introduction of Special Tourist VISA (STV)
- Amending the Civil Procedure Code on the mediation procedure
- The selected groups of foreigners permitted to enter Thailand
- The new 3 types of the factory categorized with the new fee rate
- Extend the period for the notification of residence for foreigners as of 26 September 2020
- BOI announced the increase in investment on medical industry.
- Phuket will be opened soon for long-stayed foreign visitors.
- The government launched additional supports for SMEs under special soft loans and credit guarantees.
- The measures issued by RD to help SMEs and its employees.
- Amending the Civil and Commercial Code on the corporate section.
- No longer required to re-submit a T.M.30, every time a foreigner temporary leaves the premises occasionally.
- The new developed measures issued by DBD to develop the online incorporate registration system
- Deduct the land and building tax payment amounting to 90 percent
- The withholding tax rate reduced to 1.5 percent by September 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)
- The Personal Data Protection Act (“PDPA”) will come into effect on 27 May 2021 after one-year postponement
- The Cabinet approved additional measures to help water users
- Lockouts and strikes are prohibited during the period of COVID-19
- Several government measures to tackle COVID-19
- The Cabinet approved subordinate laws issued under the new Expropriation Act
- Relief measures from the Social Security Office