Legal Section - Doing Business

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

Responsibilities and Liabilities under the PDPA

The Personal Data Protection Act (“PDPA”), which will be fully effective 27 May 2020, imposes responsibilities and liabilities on those who are defined as a ‘Data Controller’ and a ‘Data Processor’. Therefore, it is necessary for your company to understand the roles of ‘Data Controller’ and Data Processor’, to establish personal data policies in accordance with the PDPA.

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Filing financial statements and updated BOJ 5

On 4 December 2019, the Department of Business Development (“DBD”) issued guidelines on filing financial statements (“FS”) as of 31 December 2019 and shareholders’ list (BOJ 5).

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Revised investment incentives in EEC

By virtue of the Investment Promotion Act, the Board of Investment (“BOI”) issued BOI Announcement No. 2/2020 on 15 January 2020, revising the investment incentives to be offered to private investors who conduct business in the EEC area, which covers three provinces: Chachoengsao, Chonburi, and Rayong.

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Severance pay for employees on daily wages

Employees that receive their wages on a daily basis are entitled to severance pay when their employer terminates their employment, the same as full-time employees.

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Overtime hours

Under the Labour Protection Act (“the Act”), an employer generally cannot force an employee to work more than the normal working hours set out in the employment agreement, or on a holiday.

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