The Government has announced the new Personal Income Tax structure entering into force for assessable incomes derived from 1st of January 2017. The previous deductible expenses and tax allowances structure was applicable for several years and became unsuitable with the current economical environment and cost of living. The new personal income tax structure implemented by the […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Alexandre Dupont of Orbis Legal Advisory Ltd. Alexandre has joined IR as our exclusive Foreign Direct Investment Member in Thailand. ORBIS is an international business firm taking its roots in Asia since 2006, grouping different offices with a dedicated focus in South-East Asia and […]
We would like to take a moment to introduce Robert H. Schuler and welcome them to the network. Please feel free to reach out to Robert using the contact information below: +662 022 1078 [email protected]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Pisut Rakwong of Pisut & Partners. Pisut has joined IR as our exclusive Commercial Litigation member in Thailand. Pisut is the Founder and Managing Partner of Pisut & Partners. His main areas of practice are dispute resolution, corporate, insolvency and restructuring, […]
Thailand continues to make targeted anti-corruption interventions as part of its ongoing drive towards greater accountability and transparency. It introduced the Organic Act on Counter Corruption (No. 3) B.E. 2558 (2015) (the “Act”) on 10 July 2015 to comply with its international obligations for the prevention of corruption under the United Nations Convention Against Corruption […]
Negotiating a settlement to a dispute in a private setting is a challenge. Many obstacles to overcome in these types of situations including, but not limited to, each side may not understand all the relevant issues, know exactly what they respectively want, and respective mindsets may be blurred by emotions such as pride, passion, or perceived loss of […]
Amsterdam, March 2016. International ICT company AnnTac and Netherlands based WijWerkenOnline have joint forces by way of a share merger. BWK Partners has advised the companies on the share merger transaction. AnnTac has developed specialized software for filing, archiving and searching complex administrations and digital backoffice systems. Amongst other, AnnTac is active in the legal and debt […]
Fundamental labour law in Thailand is governed by basic law: the Civil Commercial Code, the Labour Protection Law, the Labour Relations Law, the Act Establishing the Labour Court and Labour Procedure, Social Security Law, and Workmen’s Compensation Law. For more information, please see the link below: http://johnformichellalegalbits.blogspot.com/2016/02/legal-framework-of-employeremployee.html Employer/Employee Relations: Thailand
For more information on Licensing in Thailand for E-Commerce/Direct Marketing, please read my blog: http://johnformichellalegalbits.blogspot.com/2016/02/licensing-for-e-commerce-and-direct.html E-Commerce/Direct Marketing Licensing Thailand
Whether a foreign investor is in the form of a large multinational or a smallenterprise, doing business in Thailand requires a basic knowledge of thecountry’s labor laws and practices. Thailand’s labor regulations often differquite significantly from Western jurisdictions, and even from otherneighboring Asian countries, such as Singapore. Employers who are ignorantof the law may think […]
By John Formichella (Blumenthal Richter & Sumet Ltd.) The Licensing Facilitation Act B.E. 2558 (2015) (the “Act”) was introduced in July in order to simplify the bureaucratic systems that control how licenses, permits, registrations and other notifications are granted under Thai law. The Act represents a key step in the fight against government agency inefficiency […]
By John Formichella, Suchart Meesomboonpoonsuk & Yodsiri Taesiri (Blumenthal Richter & Sumet Ltd.) An update to Thailand’s Act Amending the Civil Procedure Code of Thailand (No. 26) B.E. 2558 (the “Act”) was announced in the Royal Thai Government Gazette on 8 April 2015. Such update, which will be effective 240 days from the date of […]