You will find here a series of summaries providing an overview of useful legal regulations, processes and legal issues for Doing Business in Thailand.

Filing the list of shareholders and financial statements

Limited companies with an accounting period ended 31 December 2018 must file its list of shareholders and financial statements with the Department of Business Development.

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Notification of Place of Residence (Form TM30)

Section 38 of the Immigration Act, 2522 B.E., states, "House owners, heads of households, landlords, or managers of hotels who house foreign nationals staying in the kingdom temporarily must notify the local immigration authorities of such within 24 hours of the foreigner’s arrival."

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Requirements for Retirement and Educational Visa

The Royal Thai Police issued Order No. 7/2562 dated 14 January 2019 and Order No. 35/2562 dated 18 January 2019 setting out updated criteria for extending a visa when working for the government, a state enterprise, other governmental agency, or if studying at an educational institution, or if retired.

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Draft Personal Data Protection Act

The draft Personal Data Protection Act (“PDPA”) was finally approved by the National Legislative Assembly on 28 February 2019, and will be submitted for royal endorsement and then published in the Royal Gazette.

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New Draft Factory Act Update

A draft amendment of the Factory Act, 2535 B.E. (1992 A.D.) (“the Amendment”), was approved by the National Legislative Assembly on 26 February 2019. After the Draft is approved by His Majesty the King, it will be published in the Royal Gazette and become effective 180 days later.

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