The minimum wage will be increased in most provinces of Thailand on 1 April 2018. The minimum wage will be THB 325 a day for Bangkok and the surrounding area, THB 330 a day for Phuket, Chonburi, and Rayong, and THB 308 a day for Narathiwat, Pattani, and Yala. In total, there are seven separate minimum wage bands for various provinces, as set out below.
In 2017, the Ministry of Commerce published Ministerial Regulation on Service Businesses, Representative Office, and Regional Office not required to apply for a Foreign Business Licence.
On 5 March 2018, the Department of Intellectual Property (“DIP”) will launch its e-filing system for registering all types of intellectual property, such as trademarks, design and other types of patents, and copyrights.
The SMART visa programme was approved by the Cabinet on 16 January 2018 and aims to attract foreigners for more investment in technology-and knowledge-based industries to facilitate economic development towards Thailand 4.0. SMART Visa holders will receive the following benefits.
The Board of Investment (BOI) has approved investment incentives for SMEs which will be listed on the Thai Market for Alternative Investment (MAI).