Intestate Succession in Thailand
In Thailand, where a person died without having executed a will to govern the distribution of his assets, the provisions of the Thai Civil and Commercial Code govern. Under the…
Inheritance in Thailand
In Thailand, a testator may disinherit any of their statutory heirs only by an express declaration of their intention to do so. Unlike in other countries in the South East…
Indian men have been paying up to 10,000 Baht to Thai women for a marriage license.
Thairath is reporting that Immigration chief Lt Gen Surachate Hakparn says, “Many Thai women have been paid to get married with Indian men without any intention of a physical relationship.”…
Commerce Ministry Plans Online Trade Fairs to Boost Exports
BANGKOK (NNT) – The International Trade Promotion Department plans to host more virtual trade fairs and online business activities, to boost the country’s exports in the second half of the year…
Cabinet Allows Tax Break on Software-related Expenses
BANGKOK (NNT) – The Cabinet has approved a measure to allow small-and-medium-sized enterprises (SMEs) to use their software or computer program-related expenses as a deductible against corporate income tax due, at…
Bank for Agriculture to Offer Debt Moratorium for up to One Year
BANGKOK (NNT) – The Bank for Agriculture and Agricultural Cooperatives (BAAC) will offer a debt moratorium, from six months to a year, to indebted clients who are farmers, cooperatives, village funds…
Air travel is estimated to drop by 38% in 2021
BANGKOK (NNT) – Aeronautical Radio of Thailand (Aerothai) has lowered its estimates of total domestic and international air travel in 2021 to 323,093 flights, a 38% reduction from its 518,790 flights…
Thai Airways’ creditors to vote on rehab plan today
Today is D-Day for Thai Airways, with 13,000 creditors voting on whether or not to accept the struggling airline’s rehabilitation plan. According to a Bangkok Post report, a source at…
Project Value under Board of Investment Programs Increases 80% in First Quarter
BANGKOK (NNT) – The value of investment projects, submitted under Board of Investment (BoI) tax incentive programs, has increased by 80% year-on-year to 123.36 billion baht in the first quarter, driven…
