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DBD Introduces New Business Registration Rules in Thailand

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DBD Introduces New Business Registration Rules in Thailand Thailand is tightening controls on business registration to combat corporate fraud. As of January 1, 2025, new verification rules have come into effect to exclude high-risk individuals from the system. The Department of Business Development (DBD) has implemented stricter checks in response to the growing number of […]

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Bank of Thailand Cuts Interest Rates Amid Economic Slowdown

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Bank of Thailand Cuts Interest Rates Amid Economic Slowdown The Bank of Thailand has lowered its key interest rate by 0.25% in an effort to support the economy amid slowing growth and global trade risks. Authorities are balancing financial stability with the need to stimulate investment and business activity, particularly for small and medium-sized enterprises

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Business registration in Thailand will require a stricter rules

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Business registration in Thailand will require a stricter rules As of January 1, 2025, Thailand has implemented stricter business registration regulations, mandating the personal presence of all applicants during the registration process to verify their identities. This initiative aims to combat fraud and money laundering activities. Authorities are targeting so-called “corporate mule accounts,” where fictitious

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Thailand is revising its tax policies concerning foreign-sourced income

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Thailand is revising its tax policies concerning foreign-sourced income Thailand is currently revising its tax policies concerning foreign-sourced income to encourage capital repatriation and attract more investments. This initiative aims to balance international tax standards with creating a more business-friendly environment within the country. Background As of January 1, 2024, the Thai Revenue Department implemented

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