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.
New Trade Competition Act
On 7 July 2017, the National Legislative Assembly published the Trade Competition Act, 2560 B.E. (2017) (“the TCA”) in the Royal Gazette, for the purpose of efficient enforcement of the law. The TCA will become effective in October 2017.
Changes to Foreign Business Licence Requirements
On 9 June 2017, the Ministry of Commerce published Ministerial Regulation Prescribing Service Businesses Not Subject to Application for a Foreign Business Licence (No. 3), 2560 B.E., in the Royal Gazette.
Doing Business in Thailand: Laws Amended
The National Council for Peace and Order issued Order No. 21/2560 amending provisions of the Civil and Commercial Code, the Labour Protection Act, the Public Limited Company Act, and the Social Security Act. The Order was published in the Government Gazette and became effective on 4 April 2017.
Increase in machinery registration fee
The Ministry of Industry has raised the fees for registering machinery by an estimated 20 per cent to reflect the present economy and production costs, including the machinery inspector’s licence fee.
Changes to the Social Security Act
The Social Security Act requires employers with one or more employees to register for and contribute to the Social Security Fund.