December 15, 2020 The Board of Investment (BOI) will ask the Cabinet to approve new smart visa rules designed to attract more overseas talent to work in Thailand. The new rules have already been given the green light by the government’s Centre for Covid-19 Situation Administration (CCSA). Among the move’s Read More
December 16, 2020 Thailand’s Board of Investment (BOI) said on Wednesday that it had managed to hold a meeting with representatives of Foreign Chambers of Commerce to enhance confidence among investors and facilitate those who are interested to invest in Thailand. Duangjai Asawachintachit, BOI’s secretary general, said that 35 representatives from Read More
December 9, 2020 All citizens of the world may now travel to Thailand under a cabinet-approved expansion of a special, long-term tourism visa. Due to disappointing domestic tourism and the so-called Special Tourist Visa’s success in welcoming a whopping 825 tourists (40 million entered in 2019) from 29 countries so far, Read More
November 30, 2020 BANGKOK (NNT) – The government has made improving the business environment in Thailand a key policy by setting a goal to raise the ranking of the ease of doing business to be among the top 20 countries in the world. The public and private Sectors today organized Read More
November 30, 2020 The number of companies seeking tax incentives offered by the Board of Investment (BoI) for improving their production efficiency rose 23 per cent to 138 applications in the first nine months of this year, BoI deputy secretary-general Narit Therdsteerasukdi said. The companies’ investment in boosting their production Read More
November 16, 2020 Online merchants, YouTubers and even social-media influencers may have to start paying income tax after the finance minister announced his ministry targets at least Bt2 trillion in tax earnings from this group. The Revenue Department plans to collect taxes from at least 500,000 online traders. The Finance Read More
November 12, 2020 At a meeting last week chaired by Prime Minister Prayut Chan-o-cha, the Board of Investment (BoI) agreed to a new round of investment promotion for electric vehicles (EV) in a bid to lure Chinese automakers as well as woo world-famous EV manufacturer Tesla with an eight-year corporate Read More
November 10, 2020 In an effort to revive the tourism industry after a quiet 7 months without foreign tourists, the Ministry of Foreign Affairs says they’ve “relaxed” the criteria for issuing tourist visas and are now allowing foreigners from countries considered a “medium risk” for spreading Covid-19 to apply for Read More
PM Prayut Chan-o-cha chairs the Board of Investment meeting on Wednesday. November 4, 2020 The Board of Investment (BOI) on Wednesday approved a package of incentives for Thailand’s electric-vehicle (EV) manufacturing supply chain, with a focus on critical parts including batteries. The board also approved EV-related projects worth Bt35.7 billion Read More
October 27, 2020 Thailand’s new e-Withholding Tax system was introduced by the Revenue Department and 11 banks on Tuesday. Director-general Ekniti Nitithanprapas said the launch was part of the department’s continued digital transformation aimed at boosting convenience for taxpayers. The new system is a one-stop way of managing withholding tax. Read More