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.
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.
Period of Submission of the List of Shareholders
The director of a company has a duty to file the updated list of shareholders to the registrar of the Ministry of Commerce (‘MOC’) at least once a year but no later than 14 days from the date of holding the Annual General Meeting of Shareholders.
e-Expert System for Appointing Expatriate Advisors
The office of the Board of Investment (‘BOI’) recently issued an announcement which allows investors to ask for permission to bring expatriate advisors into Thailand using an electronic processing system known as the “e-Expert System”.
ROH (Regional Operating Headquarters) vs. RO (Regional Office)
Even though the “Regional Operating Headquarters” (‘ROH’) and “Regional Office” (‘RO’) have the same business activities*, there are differences in certain areas as follows: