Effective from 16 October 2019, when a new company is registered with the Department of Business Development (DBD), it will also be registered as an employer with the Social Security Office (SSO).
VAT on foreign e-commerce businesses expected to be effective in 2020
The government has indicated that it is likely that the law will come into effect in 2020, in an effort to boost VAT collections.
Cloud accounting – sending your financials sky high
Cloud accounting software is revolutionising how businesses manage their finances.
Foreign business restrictions relaxed
The Ministry of Commerce has enacted a new regulation to add the provision of loans and certain services to related companies to the list of service businesses that do not require a foreign business license under the Foreign Business Act.
New Property Tax Law in Thailand
The new law replaces the current House and Land Tax Act and the Local Development Tax Act and aims to encourage the productive use of land and improve tax collections. Taxes will commence to be collected under the new law from 1 January 2020.
Incentives for Smart Cities in Thailand
Thailand’s Board of Investment (BOI) has launched investment incentives to promote the development and management of “Smart City Development Projects”