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.
Significant incentives approved by the Board of Investment
The Board of Investment (“BOI”) approved a comprehensive set of incentives to boost investment in the following sectors:
No requirement for foreign licence in 3 businesses
The decision of the Ministry of Commerce (“MoC”) to propose removing the following three businesses from the list was made to facilitate foreign investment in Thailand.
Additional amendments of provisions of the Civil and Commercial Code
A draft act to amend additional provisions of the Civil and Commercial Code (“CCC”) was approved by the Cabinet on 23 June 2020 for further enactment.
Extending the BOI annual report submission deadline
The BOI promoted company has the duty to submit the annual performance report once a year.
New BOI incentives in the medical sector
The Board of Investment (BOI) approved new incentives to boost investments in the medical sectors through BOI Announcement No. 7/2563 dated 14 May 2020.