Brss News

Thailand – New Rules on Fund Tracing and Investment Confirmation: Compliance Essentials for Chinese Investors

The Department of Business Development (DBD) has introduced a series of new regulations targeting companies with foreign shareholders or foreign authorized directors, as part of its broader crackdown on nominee shareholding arrangements. These measures impose stricter requirements on fund verification and truthfulness declarations — matters of direct relevance to Chinese-invested companies already operating in Thailand and those planning to enter the market.

Blumenthal Richter Sumet & Schuler Tax Discussion on “TAX ISSUES ON DEDUCTIBLE EXPENSES FOR CIT

Join Blumenthal Richter Sumet & Schuler for a practical Tax Discussion on “TAX ISSUES ON DEDUCTIBLE EXPENSES FOR CIT”, where we will discuss key tax implications and common practical issues relating to the deductibility of business expenses for Corporate Income Tax purposes. Participants will gain practical guidance to enhance tax compliance and support business decision-making with greater confidence.

Thai Tax Implications of Space Usage Arrangements: Lease or Provision of Services under Thai Law

In cases where a party pays an owner for installation of advertising banners, service kiosks, or other self-service facilities on the owner’s premises, the arrangement is commonly referred to as a “lease of space”. However, for tax purposes, the applicable Thai tax treatment is not determined by the terminology used by the parties, but by the legal rights and obligations created under the agreement.

Import Compliance in Thailand

When importing goods into Thailand, businesses often focus on determining the correct HS code and ensuring that the customs declaration is accurate. While these are essential customs requirements, they represent only one aspect of import compliance.

Thailand Launches “Thailand FastPass” Program to Accelerate Strategic Investments

Thailand continues to strengthen its position as a regional investment hub through measures aimed at facilitating high-value and technology-driven investments. Most recently, the Board of Investment (“BOI”) launched the Investment Acceleration Program (Thailand FastPass), a new initiative designed to streamline approvals and permits for strategic investment projects and expedite their implementation.

The program forms part of the government’s broader economic strategy to attract advanced industries, enhance Thailand’s competitiveness, create high-quality employment opportunities, and support the country’s long-term objective of becoming a high-income economy.

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