Legal Updates
Stay informed about important legal developments in Thailand that impact businesses
Thailand Common Reporting Standard
On 15 Aug 2023, a Thailand Ministerial Regulation was gazetted, enacting the Automatic Exchange of Information Common Reporting Standard laws. The details in this Tax
Starting on January 1, 2024, foreign-sourced income repatriated in Thailand will be subject to Thai Personal Income Tax.
Thailand’s Revenue Department published a new tax guideline whereby all overseas sourced income received in Thailand by tax residents will be subject to Personal Income
New LTR visa eligibility requirements for highly-skilled professionals
In September 2022, the Board of Investment (BOI) initiated the Long-term Resident (LTR) visa scheme. This action was undertaken to entice potential foreign nationals interested
Cannabis Policy: Thai Prime Minister Srettha Thavisin Pledges to Limit Marijuana Consumption
Over a year after the recreational use of cannabis was made legal in Thailand, the newly appointed prime minister has unveiled his intentions to revise