I. What is the Global Minimum Tax? The Global Minimum Tax (GMT) represents a transformative approach to international taxation, targeting multinational enterprises (MNEs). Initiated by the Organisation for Economic Co-operation and Development (OECD), the framework aims to enhance fairness, reduce tax competition between countries, and address profit shifting. Thailand is a signatory to this initiative, […] The post Thailand and the Global Minimum Tax in 2025 appeared first on MPG ..read more

I. Current Tax Collection Regime in Thailand Thailand’s personal income tax system incorporates both territoriality and residency-based principles: ✓   Territoriality (Source-Based): Tax is imposed on all income generated within Thailand, regardless of the taxpayer’s residency status. ✓   Worldwide Income (Residency-Based): Residents must report foreign-sourced income if it is remitted into Thailand, regardless of the tax […] The post Overview of Personal Income Tax in Thailand appeared first on MPG ..read more

The electric vehicle (EV) industry has become a cornerstone of global efforts to transition toward sustainable and environmentally friendly transportation. In this context, Thailand’s Board of Investment (BOI) has taken strategic steps to position the country as a major player in the EV supply chain. Recently, in collaboration with GAC AION, a leading Chinese EV […] The post BOI Steps Up Initiatives to Incorporate Thai Parts Manufacturers into the EV Supply Chain appeared first on MPG ..read more

The intersection of artificial intelligence (AI) and neurotechnology has brought profound advancements, raising critical legal and regulatory challenges for companies operating in this space. While technology law, particularly AI-related regulations, has been a focal point for academics, legislators, and practitioners in recent years, healthcare law—though often less emphasized—remains a cornerstone in navigating these advancements. Its […] The post AI Neurotechnology and the Future of Data Privacy for Companies appeared first on MPG ..read more

The Securities and Exchange Commission (SEC) of Thailand has recognized the need for a comprehensive update to its regulatory framework to better address the dynamic socio-economic landscape, rapid technological advancements, and the innovative yet unpredictable nature of the private sector. The existing laws have been criticized for their lack of clarity, misalignment with international standards, […] The post SEC’s New Draft Laws: Advancing Thailand’s Capital Market appeared first on MPG ..read more

In response to the rapid rise of online shopping and the increasing use of manipulative practices by certain merchants, Thailand is taking decisive steps to strengthen consumer rights. The Office of the Consumer Protection Board (OCPB) commissioned a comprehensive study titled “Analyzing the Legal System of Consumer Protection on the Topic of Protecting the Rights […] The post A Step Forward: Enhanced Consumer Protection Laws in Progress appeared first on MPG ..read more

E-commerce and online shopping reached unprecedented levels during the COVID-19 pandemic, and this growth continues to expand. Today, the online shopping landscape offers consumers a broader selection of products and services compared to traditional shopping centers or tour sales offices. It also provides the convenience of shopping from home and the flexibility to purchase items […] The post Refuse & Refund: Regulating Cash-on-Delivery in 2024 appeared first on MPG ..read more

Current Situation of Independent Workers The number of independent workers in Thailand is significantly higher than many might expect, and this trend is unlikely to decline in the foreseeable future. The rapid rise of social media and advancements in technology have facilitated the growth of massive online platforms, positioning independent workers to soon represent the […] The post 21st Century Labor Law: Draft Independent Workers Protection Act appeared first on MPG ..read more

In a groundbreaking shift, Thailand’s Labor Protection Act B.E. 2541 (1998) (“LPA”) will undergo transformative updates in 2025 that impact security deposits and employee welfare. These changes empower employees and place new obligations on employers, signaling a departure from long-standing regulations. Security Deposits Under Current Labor Law ✓   Section 10: Employers are generally prohibited from […] The post Thai Labor Law 2025: A New Era of Employee Security Deposits for the Welfare Fund appeared first on MPG ..read more

The Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) marked a significant shift in data privacy regulations in Thailand, drawing inspiration from the EU’s GDPR while incorporating specific provisions to fit Thailand’s socio-economic context. Notable adaptations, such as regulations specific to credit bureau companies and exemptions for certain public authorities, reflect a localized approach that […] The post An Update on PDPA Non-Compliance in Thailand appeared first on MPG ..read more