Civil and Commercial CodeThe Thai Civil and Commercial Code is a systematic collection of laws designed to comprehensively deal with the core areas of private law such as for dealing with business and negligence lawsuits and practices.
Criminal CodeThe Criminal Code is a law that codifies most criminal offences and procedures in Thailand. Its official title is Thai Criminal Code 1956 (ประเทศไทยทางอาญา พ.ศ. รหัส 2499).
Foreign Business ActThe Thai Foreign Business Act (FBA) of 1999 outlaws foreign investment in sectors considered strategic in Thailand, such as agriculture. It also limits foreign ownership to 49% in much of the service sector. 100% ownership is permitted in manufacturing as long as it is registered through the Thai Board of Investment.
Copyright ActCopyright is a legal right created by the law of a country that grants the creator of an original work exclusive rights for its use and distribution. The exclusive rights are not absolute but limited by limitations and exceptions to copyright law, including fair use.
Revenue CodeThai Revenue Code is the body of law governing taxation. It regulates personal income tax, corporate income tax, petroleum income tax, value added tax, specific business tax, and stamp duties.
Patent ActA patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application.
Trademark ActA trademark, trade mark, or trade-mark is a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks.
SME Tax RateOn 18 Apr 2016, Royal Decree (No 603) was gazetted, putting into effect the Government's resolution to further reduce the corporate tax rates for SMEs for their 2015 and 2016 years. This Tax Law Guide has been updated to reflect the tax rate change under RD (No 603).
New Constitution 2017 ThailandThe Constitution of the Kingdom of Thailand provides the basis for the rule of law in Thailand. The National Council for Peace and Order (NCPO) unveiled a draft constitution on 29 March 2016. In the run-up to the 7 August 2016 referendum on the new constitution, the army conducted a "grassroots information campaign." The 105-page, 279-article proposed constitution was approved by 61.4 percent of Thai voters on 7 August 2016 with 59.4 percent of the public participating.
Trade Secrets ActA trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information not generally known or reasonably ascertainable by others by which a business can obtain an economic advantage over competitors or customers.
Tax TreatiesThailand has entered into tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Employment of Foreigners in ThailandThe basic feature of labour law in Thailand is that the rights and obligations of the worker and the employer are mediated through a contract of employment between the two. Many contract terms and conditions are covered by legislation.
Labor Relations ActThe basic feature of labour law in Thailand is that the rights and obligations of the worker and the employer are mediated through a contract of employment between the two. Many contract terms and conditions are covered by legislation.
Health and Life InsuranceHealth insurance in Thailand is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement.
Private School LawPrivate schools in Thailand (also known as independent schools, non-governmental, or nonstate schools), are not administered by local, state or national governments; thus, they retain the right to select their students and are funded in whole or in part by charging their students tuition, rather than relying on mandatory taxation through public (government) funding.
Prostitution in ThailandProstitution is not strictly illegal in Thailand, though solicitation and public nuisance laws are in effect. In practice it is tolerated and partly regulated. Prostitution operates clandestinely in many parts of the country. Thailand has an ancient, continuous tradition of legal texts, generally described under the heading of Dhammasattha literature (Thai pron., tam-ma-sat), wherein prostitution is variously defined and universally banned.