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.
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.
Thailand’s ranking on the World Bank’s Ease of Doing Business index for 2018 moved up 20 positions to 26th among 190 economies worldwide. In this article, we analyze the various market entry options available for investors interested in expanding to the kingdom.
Thailand offers great investment potential as a leading automotive production base in ASEAN. Read our latest article to know more about the opportunities and incentives on offer as well as the outlook for 2018.
Likely to benefit further from Thailand’s continued economic growth are businesses that choose to locate in Special Economic Zones (SEZs) in Thai border provinces. We analyze the opportunities and incentives on offer in these SEZs in our latest article.