Money Loans in Thailand and Key Issues for the Parties to Consider

If you plan to be a borrower or lender of money in Thailand then there are several key matters which you should be aware of before the loan is made. This legal article shall discuss various key issues which the parties should be mindful of including interest, repayment of the loan & legal requirements for enforcement of a loan.   The Civil & Commercial Code of Thailand – Loan for Consumption A loan of money falls under the classification of ‘loan for consumption’ under the Civil & Commercial Code of Thailand (CCC). This is where a “lender transfers to the borrower the ownership of a certain quantity of property which is consumed by the user and the borrower agrees to return property of the same kind quality and quantity”.   It is worth noting that a loan contract is only […]

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Executive Directors & Staff of DLO attend a training course on the subject of “Experience and suggestions in legal education and work”, given by Former Senior Justice of the Appeal Court, Mr. Chira Chotipong

On Saturday, July 18, 2020, the Executive Directors and lawyers of DLO attended a training course on the subject of “experiences and suggestions on legal education and work”, which was given by Mr. Chira Chotipong, who is a former Senior Justice of the Court of Appeal. During the course, Mr. Chira Chotipong shared his experiences and suggestions to DLO’s lawyers & executive directors with respect to legal education and the profession in order to improve the quality and efficiency of legal work, services and education.    

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What measures can an employer use to cut labour costs in accordance with Thai law?

Given the current economic situation, many employers are in difficult financial circumstances and as such need to cut their labour costs to protect their business. Some of the ways this can be achieved are as follows: i. Temporary Suspension of the Business An employer can temporarily suspend their business (in whole or part) for whatever cause (other than due to force majeure) for a legitimate reason which affects their business and causes the employer to be incapable to operate their business as normal. In order to do this the Employer must do the following: Pay Wages (75%): Pay wages to the employee(s) who are sent home in an amount not less than seventy-five per cent (75%) of wages for working days that were received by the employee before the suspension took effect. This money must be paid to the affected […]

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Applying for and complying with a Domestic Recruitment License in Thailand – An Overview

If an investor wishes to get involved in the domestic recruitment business in Thailand then one of the most important issues which they shall need to consider is obtaining and maintaining a Recruitment License. The key law which covers the requirements for this type of license is the Employment & Job Seeker Protection Act B.E. 2528 (1985) (the “Act”). This article shall discuss several issues relating to Recruitment Licenses, such as qualifications and ongoing compliance requirements. Qualifications for a Domestic Recruitment Licensee The Act provides that no person shall be permitted to undertake domestic recruitment services unless they have been granted a domestic Recruitment License from the Central Employment Registrar or the Provincial Employment Registrar (as the case may be). In order to qualify for such License, the applicant must meet the following requirements: Must be of Thai nationality if […]

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Impact of the Personal Data Protection Act B.E. 2562 (2019) on Business Operators

In this article we shall examine and discuss certain aspects of the Personal Data Protection Act B.E. 2562 (2019) (PDPA) and the obligations it shall impose on Business Operators that collect and use Personal Data[1] of their customers, suppliers, contractors or their employees (collectively the “Data Owner(s)”).[2] It is also worth noting that a Royal Decree has postponed the enforcement of most sections in the PDPA by a year (until 31 May 2021). Requesting Consent from a Data Owner of Personal Data Under the PDPA, a Business Operator is permitted to collect, use and disclose received Personal Data, provided that the received information comes from lawful processing. This means that the Business Operator must have received consent from the Data Owner in the form of a legally compliant request for consent. To have a legally compliant request for consent, the […]

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Money Loans in Thailand and Key Issues for the Parties to Consider

If you plan to be a borrower or lender of money in Thailand then there are several key matters which you should be aware of before the loan is made. This legal article shall discuss various key issues which the parties should be mindful of including interest, repayment of the loan & legal requirements for enforcement of a loan.   The Civil & Commercial Code of Thailand – Loan for Consumption A loan of money falls under the classification of ‘loan for consumption’ under the Civil & Commercial Code of Thailand (CCC). This is where a “lender transfers to the borrower the ownership of a certain quantity of property which is consumed by the user and the borrower agrees to return property of the same kind quality and quantity”.   It is worth noting that a loan contract is only […]

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What measures can an employer use to cut labour costs in accordance with Thai law?

Given the current economic situation, many employers are in difficult financial circumstances and as such need to cut their labour costs to protect their business. Some of the ways this can be achieved are as follows: i. Temporary Suspension of the Business An employer can temporarily suspend their business (in whole or part) for whatever cause (other than due to force majeure) for a legitimate reason which affects their business and causes the employer to be incapable to operate their business as normal. In order to do this the Employer must do the following: Pay Wages (75%): Pay wages to the employee(s) who are sent home in an amount not less than seventy-five per cent (75%) of wages for working days that were received by the employee before the suspension took effect. This money must be paid to the affected […]

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Applying for and complying with a Domestic Recruitment License in Thailand – An Overview

If an investor wishes to get involved in the domestic recruitment business in Thailand then one of the most important issues which they shall need to consider is obtaining and maintaining a Recruitment License. The key law which covers the requirements for this type of license is the Employment & Job Seeker Protection Act B.E. 2528 (1985) (the “Act”). This article shall discuss several issues relating to Recruitment Licenses, such as qualifications and ongoing compliance requirements. Qualifications for a Domestic Recruitment Licensee The Act provides that no person shall be permitted to undertake domestic recruitment services unless they have been granted a domestic Recruitment License from the Central Employment Registrar or the Provincial Employment Registrar (as the case may be). In order to qualify for such License, the applicant must meet the following requirements: Must be of Thai nationality if […]

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Impact of the Personal Data Protection Act B.E. 2562 (2019) on Business Operators

In this article we shall examine and discuss certain aspects of the Personal Data Protection Act B.E. 2562 (2019) (PDPA) and the obligations it shall impose on Business Operators that collect and use Personal Data[1] of their customers, suppliers, contractors or their employees (collectively the “Data Owner(s)”).[2] It is also worth noting that a Royal Decree has postponed the enforcement of most sections in the PDPA by a year (until 31 May 2021). Requesting Consent from a Data Owner of Personal Data Under the PDPA, a Business Operator is permitted to collect, use and disclose received Personal Data, provided that the received information comes from lawful processing. This means that the Business Operator must have received consent from the Data Owner in the form of a legally compliant request for consent. To have a legally compliant request for consent, the […]

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DLO Attends AMCHAM Monthly Luncheon – 22 August 2018

AMCHAM Monthly Luncheon to hear an address given by Thailand’s Minister of Industry

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Table on Changes & Updates in the Copyright Act B.E. 2558 (2015)

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Visit from Prae Legal Member for Cambodia

Leap Kang (Partner) and Mao Samvutheary (Partner) of HML Law Firm in Phnom Penh Cambodia visited DLO’s offices

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Executive Directors & Staff of DLO attend a training course on the subject of “Experience and suggestions in legal education and work”, given by Former Senior Justice of the Appeal Court, Mr. Chira Chotipong

On Saturday, July 18, 2020, the Executive Directors and lawyers of DLO attended a training course on the subject of “experiences and suggestions on legal education and work”, which was given by Mr. Chira Chotipong, who is a former Senior Justice of the Court of Appeal. During the course, Mr. Chira Chotipong shared his experiences and suggestions to DLO’s lawyers & executive directors with respect to legal education and the profession in order to improve the quality and efficiency of legal work, services and education.    

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Dharmniti Law Office welcomes Mr Abhisit Vejjajiva and the Russian investor group

17 December 2019, Mr.Paisal Phuechmongkol, Mr.Phichai Phuechmongkol and Mr.Kittirut Lurcha, Senior Partner and lawyer of Dharmniti Law Office jointly welcome and have a meeting with Mr. Abhisit Vejjajiva, former Prime Minister of Thailand and group of Russian investors in high-tech industry to  co-operate on trade and investment between group of investors of both  countries. The atmosphere of the meeting was full of joy and friendship. Both parties  shared their opinions on situation of  security and geo-politics of ASEAN region including friendship relation of Thai and Russia which have last for a long time. Both sides also discussed about new projects in trade and investment for further cooperation in the near future.

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Bill amending personal income tax rate

Cabinet approves a new personal income tax rate which decreases revenue by 27,000 million Baht.

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Tax Law Updates (March)

 Exemption on income  tax, VAT , specific business tax and stamp duty for income donated to support sporting  activities

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Tax Law Updates (February)

Exemptions on income tax for supporting educational institutions

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Thai BOI board expand investment promotion to cover 6 new industries

Mr. Aphsit Vejjajiva,Prime Minister,chairman of the Board of Investment (BOI) today announced the resolutions to promote 6 new  industries with the special measures .

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Newsletter JULY 2019

DLO’S Tax Newsletter

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Newsletter JUNE 2019

DLO’S Tax Newsletter

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Newsletter JANUARY 2019

DLO’S Tax Newsletter

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Newsletter DECEMBER 2018

DLO’S Tax Newsletter

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