Knowledge Base

Removal and replacement of RHQ, IHQ AND ITC with the International Business Centre (IBC)

Posted on January 7, 2021

This note concerns establishment of a new tax regime called the International Business Centre (IBC) to replace the Regional Operating Headquarters (ROH), International Headquarters (IHQ), and the International Trade Centre (ITC).

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Update on Thai Government’s Stimulus Package – Additional Reductions to Social Security Fund Contributions

Posted on September 15, 2020

This update is concerned with providing an update on the reductions to Social Security Fund contributions as promulgated by the Thai Government on 14 September 2020

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Assessing Personal Income Tax on received overseas income

Posted on September 15, 2020

This note provides a preliminary overview of the key elements of the law to be aware of when considering the assessment of personal income tax on income received by individuals from overseas sources.

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Update on Thai Government’s Announcement of Security Measures with respect to Electronic Meetings

Posted on July 20, 2020

This note summarises the security measures issued by the Ministry of Digital Economy and Society in terms of what shall be required of companies wishing to conduct a Board Meeting or General Meeting of Shareholders through electronic means.

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There are a number of ways that a foreign non-profit or non-governmental organisation (NGO) may legitimately formalise their status in Thailand.