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.
Use of Old Machines for BOI Projects Amended
The new BOI scheme under the Announcement of the Board of Investment No. 2/2557, 3 December 2014 states that for an approved project, new machinery and the following imported used machinery is allowed.
Requirements to Register a Van
From 23 March 2015, when registering a ‘private car’ (in effect a van) with between 8 and 12 seats, he or she must now meet the certain requirements.
90 Days Reporting Available Online
From 1 April 2015, foreigners are able to submit the 90 days residence reporting with the Immigration Bureau online.
Certain Activities No Longer Considered as “Work”
Following the launch of the IHQ and ITC scheme to promote Thailand as a center of trade and investment in this region, the Department of Employment (‘DoE’) has announced certain activities to be no longer considered as “work”.
Board of Investment: Merit Based Activities
“Merit Based Incentives” are privileges that the Board of Investment (‘BOI’) will consider granting for investors to encourage enhanced competitiveness. Merit based incentives include extended tax holidays (although no longer than 8 years in total), additional corporate income tax exemptions and additional deductions on certain expenditure.