ASEAN’s coffee industry offers several opportunities for foreign investors. Read our latest article to know more about the coffee industry in Vietnam, Indonesia, Laos, Thailand and the Philippines.
While Thailand does not mandate a written agreement between the employer and an employee, it does impose strict labor regulations with regards to working terms and conditions. In practice, therefore, it is advisable for employers to set out written terms and conditions of employment to avoid legal disputes.
The current law in Thailand requires taxpayers to be able to justify on any Thai Revenue Department review that both domestic and international related party transactions have been carried out at ‘market price’. Read more in this article from JNP Legal.
Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations where there is little or no economic activity. Read more to know how BEPS affect taxation in Thailand.
In this article, JNP Legal discusses how to deal with revenue department reviews and audits in Thailand.
Once a vibrant industrial sector, Thailand’s motorcycle manufacturing industry is showing signs of saturation in recent years. The country’s motorcycle market declined to 755,214 units sold over the first five months of 2018, a drop of 2.4 percent from 773,794 units sold over the same period in the previous year.
The second largest economy of Southeast Asia, Thailand has one of the region’s highest number of internet users. Read our latest article to learn about the growing opportunities in Thailand’s booming e-commerce sector.
In this article, JNP Legal analyzes the implications of Thailand’s upcoming e-commerce law for foreign businesses.
With the Eastern Economic Corridor (EEC), Thailand hopes to develop its eastern provinces of Chonburi, Rayong, and Chachoengsao into a leading ASEAN economic zone for technological manufacturing and services with strong connectivity to its ASEAN neighbors by land, sea and air. Read more about this mega project in our latest article.
Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments in the country. In this article, we discuss the various tax and non-tax incentives on offer for foreign investors in Thailand.