Legal Section - Doing Business
You will find here a series of summaries providing an overview of useful legal regulations, processes and legal issues for Doing Business in Thailand.
New rules on incorporation for SME entrepreneurs
The Department of Business Development will launch a new regime that allows the incorporation of a limited company registered by one person, which will take effect this year.
Tax waived on vehicles used for testing
The Cabinet approved waiving the excise tax, VAT, and import tax on car and motorcycle models imported for research, development, and testing, to promote Thailand as an automotive hub for the region.
Special Economic Development Zones
To support the government’s economic roadmap, the BOI provides incentives to strategic industries by giving a corporate income tax exemption for 8 years to 13 target industries in Special Economic Development Zones in certain border areas.
Monitoring e-commerce businesses
Effective 1 July 2015, any limited company that would like to register its main business activity as e-commerce must register conducting a direct marketing business with the Office of the Consumer Protection Board (OCPB) prior to registration with the Department of Business Development.
Visa and Work Permit Extension at OSSC
Previously, for companies which had registered capital or total assets of more than THB 30 million that wanted to apply for work permits and extend visas for their foreign executives, it was more convenient to submit those applications at the One-Stop Service Centre for Visas and Work Permits than to deal with the Labour Department at Din Daeng and the Immigration Bureau at Chaeng Wattana.