M&A Monthly Report : October 2016

New accounting standard for SMEs Currently, the Federal of Accounting Professions (“FAB”) is in the process of drafting the new accounting standards for small and medium-sized entities (SME) based on …

M&A Monthly Report : September 2016

Tax Tax identification number for individual shareholders to receive dividend In recent development, Revenue Department is requiring foreign individual who does not currently have the tax identification number (Tax ID), …

M&A Monthly Report : August 2016

Tax Tax incentives to promote SME business   In order to improve the competitive performance of SMEs, the Cabinet has approved additional tax incentives on August 2, 2016 for companies …

M&A Monthly Report : July 2016

Tax Announcement of the Finance Ministry to extend tax submission for BOI promoted projects As there has been misunderstanding by a number of companies who have more than one BOI projects in …

M&A Monthly Reports : June 2016

Tax Income tax exemption for expenses paid for investment, expansion, or modification of asset By the Announcement of the Director General of the Revenue Department on 17 May 2016, issue …

M&A Monthly Reports : May 2016

Amendment of personal income tax structure approved by Cabinet On April 19, 2016, the Cabinet has approved the proposal of the Ministry of Finance on the amendment of personal income …

M&A Monthly Reports : April 2016

Employment Minimum wage increase for 5 industries Ministry of Labor will propose to the Cabinet to increase minimum wage in 5 industries within March 2016 and plan to implement within …

M&A Monthly Reports : March 2016

RD Announcement: Clarify Tax Deductible of LTF and RMF units To clarify the previous Announcement in 2015, in January, 2016, the RD issued an explanation letter to explain the definition …

M&A Monthly Reports : February 2016

Announcement from Immigration Bureau On November 27, 2015, the Ministry of Interior issued a new order regarding groups of aliens who are ineligible for admission to the Kingdom of Thailand.  …

M&A Monthly Reports : January 2016

Foreign Business Consideration of minimum capital Q: A foreign company registered in Thailand (company) will operate an e-Commerce business under the BOI promotion and would like to reconfirm whether the registered …