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.
Amendments to Workmen’s Compensation law
On 10 October 2018, the Workmen’s Compensation Act (No. 2), 2561 B.E. (2018 A.D.) (“the New Act”), to amend workmen’s compensation law, was published in the Royal Gazette, and the amendment will become effective on 9 December 2018.
Draft amendments to the Labour Protection Act
On 20 September 2018, the National Legislative Assembly (“NLA”) approved, in principle, draft amendments to the Labour Protection Act, 2541 B.E. (1998 A.D.) (“Draft Amendments”). Significant changes introduced by the Draft Amendments are summarized below.
The Draft Digital I.D. Act
Conducting business with governmental authorities and service providers, such as commercial banks and hospitals, currently requires someone to be physically present at the offices of those governmental authorities and service providers to verify their identity and signature, resulting in inconvenience and a delay in business transactions.
Investment incentives and measures in EEC
By virtue of the Investment Promotion Act, the Board of Investment (“BOI”) issued BOI Announcement No. 6/2018 dated 3 August 2018 offering higher tax privileges to private investors who conduct the business in the EEC area, which covers three provinces: Chachoengsao, Chonburi, and Rayong.
Digital work permits
Under the regulations announced on 20 July 2018, the Board of Investment ("BOI") has implemented a new system intended to replace the previous system and all paper documents for visa and work permit applications. The new electronic system, which was launched on 1 August 2018, allows companies receiving BOI incentives to apply for employee work permits and long-term visas online.