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Thailand Legal Updates

- Waiver of building control permit for small solar rooftop
- Tax incentives to attract Thai talents from abroad
- Investment promotion incentives for the expansion of existing promoted entities
- Increase in unemployment benefits for laid-off employees
– Social Security Relief: Reduced contribution rates and extended deadlines for flood-affected areas (Oct 2024–Mar 2025)
– New Public Holidays: Added holidays for 2025 and Jan 2026, creating long weekends
– Bankruptcy Act Changes: Higher debt thresholds, simplified processes, and new fast-track options
– Social Security Relief: Reduced contribution rates and extended deadlines for flood-affected areas (Oct 2024–Mar 2025)
– New Public Holidays: Added holidays for 2025 and Jan 2026, creating long weekends
– Bankruptcy Act Changes: Higher debt thresholds, simplified processes, and new fast-track options
– Additional types of businesses eligible for investment promotion
– Cessation of VAT exemption for imported goods
– Increase of tax exemption for severance pay
– Additional types of businesses eligible for investment promotion
– Cessation of VAT exemption for imported goods
– Increase of tax exemption for severance pay
– New types of businesses eligible for investment promotion
– Tax incentive for EV truck and bus purchase
– Criteria and procedure for advertising an invitation to a shareholder meeting for bearer share shareholders via electronic means
– BOT ban fine imposed on prepayment of loan
– Updated measures for VAT refund for tourists (VRT)
– Alcoholic beverages tax cut
– Criteria and procedures for cross-border transfer of personal data