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.
Digital Asset Business
The control of the digital asset business is currently the responsibility of the Minister of the Ministry of Finance and the Securities and Exchange Commission (“SEC”), in accordance with the Royal Decree on Digital Asset Businesses, 2561 B.E. (2018 A.D.) (“the Royal Decree”), which was published in the Royal Gazette on 13 May 2018, and became effective on 14 May 2018.
Registration number for foreign legal entities
In 2017, the Ministry of Commerce published Ministerial Regulation on Service Businesses, Representative Office, and Regional Office not required to apply for a Foreign Business Licence.
Electronic system for Intellectual Property
On 5 March 2018, the Department of Intellectual Property (“DIP”) will launch its e-filing system for registering all types of intellectual property, such as trademarks, design and other types of patents, and copyrights.
SMART Visa to be Launched on 1 February 2018
The SMART visa programme was approved by the Cabinet on 16 January 2018 and aims to attract foreigners for more investment in technology-and knowledge-based industries to facilitate economic development towards Thailand 4.0. SMART Visa holders will receive the following benefits.
BOI offers incentives for SMEs listed on MAI
The Board of Investment (BOI) has approved investment incentives for SMEs which will be listed on the Thai Market for Alternative Investment (MAI).