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.
Work Permits for Newly Established Companies
When a newly established company is applying for a first time work permit, the Labour Department requires the Social Security Contribution form (“SorPorSor1-10”) to show at least one Thai employee.
BOI Compliance After Obtaining the Promotion Certificate
Once an applicant has obtained the Promotion Certificate from the Board of Investment (‘BOI’) Office, the promoted company must comply with the following conditions:
Registering Partnership & Limited Co. Regulations
The Department for Business Development (‘DBD’) has amended the regulation, Registration of Partnership and Company Limited B.E. 2554.
Utilising Corporate Income Tax Holidays Under the BOI
The Board of Investment (‘BOI’) promoted company that receives a tax holiday incentive must obtain permission from the BOI to utilise the tax holiday prior to filing the Annual Corporate Income Tax Return (PND.50) with the Revenue Department.
Establishment of a “Welfare Committee”
According to Section 96 of the Labor Protection Act B.E. 1998, the employer with 50 employees or more at their place of business must establish a “Welfare Committee” at that place of business within 30 days of reaching the 50 employee milestone.