AMCHAM Daily Covid-19 Digest

Legal, Tax & Risk Updates

April 7 - Chandler MHM summarizes the recent notifications from Thai FDA and Narcotics Control Committee to stipulate the procedures and conditions required for applying for the cultivation of hemp. Read more...


April 5 - The Thai Cabinet approved a draft bill calling for the digitalization of a slew of government services, MPG reports. Read more...


March 30 - Siam Premier provides an update on a proposed amendment on the timing and alternative mechanisms for share repurchase schemes. Read more...


March 29 - LawPlus reports on the implementation of the Digital Asset Law including allowed cryptocurrencies, digital asset business licenses, and Initial Coin Offerings (ICO). Read more...


March 26 - Hone Maxwell discusses attractive options for taxpayers to become compliant with their taxes and international reporting even after the closing of the Offshore Voluntary Disclosure Program. Read more...


March 25 - Tilleke & Gibbins highlights key points of the recent revision on the Trademark Examination Manual. Read more...


March 22 - PKF summarizes the main points of the current Act Amending the Thai Civil and Commercial Code to provide a glance at some major legal updates. Read more...


March 19 - Creveling & Creveling provides an updated checklist to help American expats with their 2020 U.S. taxes filing. Read more...


March 16 - LawPlus gives an overview of the implementation of the Digital Asset Law including allowed cryptocurrencies, digital asset business licenses and Initial Coin Offerings (ICO). Read more...


March 15 - Mazars discusses retirement in Thailand and the various forms of benefits and incentives eligible to the retiree. Read more...


March 11 - Bain & Company speaks about the new risks and challenges for industrial companies' operations and suggests a pragmatic approach. Read more...


March 10 - Linklater's newsletter captures the major legal developments in Asia Pacific jurisdictions in the last 6 months of 2020. Read more...


March 9 - DFDL reports on the current state of fintech within the ASEAN region from a legislative and policy perspective with a country-based overview of the current and future fintech landscape. Read more...


March 5 - Thailand's DIP has initiated a new MOU that acts as a mechanism to gather all the relevant stakeholders to address issues related to online IP infringement. Read more...


March 4 - Deloitte's Tax and Legal newsletter discusses topics including e-services VAT, Covid tax measures, bad debt write-offs and more... Read more...


March 3 - Foreign businesses providing e-Services to non-VAT registered users in Thailand are now responsible for remitting VAT to the Revenue Department, MPG reports. Read more...


Feb 24 - The BOI has added certain healthcare and life science businesses into the list of eligible business activities for investment promotion in Thailand, Chandler MHM describes. Read more...


Feb 22 - Registration of Trademarks in Thailand has long been a frustrating process. Baker McKenzie gives an example of one of their recent successful cases, which was initially rejected by the Trademark Office. Read more...


Feb 19 - This survey report by Aon explores how companies are adapting the 3 key time frames of their risk management strategy in response to the Covid-19 pandemic. Read more...


Feb 16 - EY outlines some discrete examples of duty gaps between the RCEP and existing Free Trade Agreements, where the the new partnership presents new opportunities to enhance Thailand’s trade. Read more...


Feb 15 - Kudun & Partners' latest newsletter provides an overview on the enforcement and setting aside of an arbitral award with Thai courts under the Arbitration Act. Read more...


Feb 10 -  Tilleke & Gibbins covers the Thai government's recent resolution that will reduce the government fees related to the registration of a sale and mortgage of immovable property. Read more...


Feb 9 - The rate for mandatory Social Security Fund contributions for employees has been reduced to 0.5%, MPG explains. Read more...


Feb 8 - The Cabinet recently approved legislation with measures to reduce land and building tax and property transaction fees, DFDL reports. Read more...


Feb 5 - The SEC has once again permit Funds and REITs to conduct AGMs and meetings in alternative formats to address the ongoing pandemic. Read more...


Feb 3 - Studies from Bain show that 60% of industrial companies will cut R&D and CAPEX budgets so they suggest an approach of strategy-led funding. Read more...


Feb 2 - Further relief measures have been announced by the government to mitigate the financial impact of the imposed measures to control the second outbreak of Covid-19 in Thailand, Baker McKenzie details. Read more...


Feb 1 - With the aviation industry taking the biggest hit from the pandemic, airlines are forced to become more innovative in their sources of income by leveraging their assets and revenue streams, WFW discusses. Read more...


Jan 29 - KPMG highlights new tax measures to support R&D of certain areas and e-tax system development. Read more...


Jan 28 - Tilleke & Gibbins speaks on the Revenue Department's recently-issued notification to extend the grace period of e-Stamp Duty to December 31, 2021. Read more...


Jan 27 - MPG examines the Cabinet's recent tax extensions and reductions in order to provide relief for the Thai economy during the on-going Covid-19 pandemic. Read more...


Jan 25 - Deloitte explains BOI's most recent investment incentives to accelerate electric vehicles production, promote Thailand as international medical hub and an important manufacturing base. Read more...


Jan 22 - Experts from Kroll, a division of Duff & Phelps discuss potential supply chain challenges associated with globally distributing a COVID-19 vaccine in this webcast replay. Read more...


Jan 21 - Kudun and Partners reports on the two recent Ministerial Regulations announced to provide further detailed guidance on the implementation of Transfer Pricing Regulations. Read more...


Jan 19 - Certain companies and partnerships in Bangkok are now permitted to submit DBD applications at any Partnerships and Registration Office in Bangkok, Chandler MHM points out. Read more...


Jan 18 - As we start the new year, Creveling & Creveling suggests it is time to start considering your updated 2021 options for minimizing personal tax and maximizing savings plan. Read more...


Jan 15 - Mazars reports on the BOI's recent launch of the new smart visa scheme for foreign digital freelancers to work legally in Thailand without a work permit. Read more...


Jan 13 - As Thailand faces another fresh wave of the outbreak, the government has announced new financial relief measures to help business and employees alleviate the impact. Baker McKenzie breaks it down. Read more...


Jan 12The Thai FDA has published a notification regarding 'Conditional Approval for Emergency Use of Medical Products', which allows drug importers to register COVID-19 vaccines under the conditional approval scheme, Tilleke explains. Read more...


Jan 11 - Integrity Legal updates us on the current situation revolving around foreign immigration to Thailand after the surge in new cases. Read more...


Jan 8 - The Revenue Department clarifies the criteria for SMEs to receive tax exemption on last year's low-interest loans, MPG reports. Read more...


Jan 7 - Chandler MHM reports on the new ministerial regulation, offering a 50 percent discount on the official fees for registration of the establishment of and changes to the corporate registry of a limited company. Read more...


Dec 15 - Tilleke & Gibbins recommends that entities which are considering entering the Thai cannabis market file applications to protect their marks and patents in Thailand as soon as possible. Read more...


Dec 14 - Watson Farley & Williams outlines the key points of the PDPA and practical recommendations for businesses that are getting ready for the implementation. Read more...


Dec 9 - The BOI has approved incentive measures to accelerate the development of electric vehicles production and related supply chain in Thailand. Read more...


Dec 8 - To update you on key changes, DLA Piper has created an interactive Asia-Pacific map of the current state of data breach notifications. Read more...


Dec 7 - Tilleke & Gibbins reviews the most recent Labour Protection Act and key amendments to the law governing transfer of employment. Read more...


Dec 3 - KPMG reports on the new amendment of income and expense recognition for financial businesses from the Thai Revenue Department. Read more...


Dec 2 - The Bank of Thailand has issued a notification amending the methods for calculation of default interest, Chandler MHM breaks it down. Read more...

Updates from AMCHAM

From Amb. Tomwit Jarnson

Jan 12 - Travel Permit Document Required for Red-Zoned Provinces

  • Persons traveling to the red zone provinces - Samut Sakhon, Chonburi, Rayong, Chantaburi, and Trat - must obtain a travel permit document to enter the provinces. Read more....

Jan 8 - Extra Procurement of Covid-19 Vaccine

  • The Cabinet acknowledged the procurement of two million doses of Covid-19 vaccine from Sinovac Biotech, a Chinese biopharmaceutical company. The Government Pharmaceutical Organization (GPO) will be in charge of delivering the vaccine doses, while the Department of Disease Control (DDC) will look after the vaccine's procurement and its distribution to the public. Read more....

Dec 18 - Chulalongkorn University to Raise Money to Produce Covid-19 Vaccine

  • Chulalongkorn University will launch a campaign to raise money for a domestically developed Covid-19 vaccine factory. It aims to raise 500 million Baht from one million donors. The public can make contributions at all Krung Thai Bank branches under the "Vaccine for Thai People" project or by scanning the QR code in the www.CUEnterprise.co.th site which is expected to go live on December 18.
  • Read more....

Dec 4 - Arrival Quarantine Now Available as Hotel Packages

  • The Ministry of Public Health and Agoda joined hands to develop an online booking platform, allowing international arrivals to reserve their quarantine accomodation at certified Alternative State Quarantine (ASQ) facilities.
  • This made Thailand the first country to provide quarantine arrangements as accommodation packages for arrivals. Read more....

Sept 18 - The Ministry of Finance has transferred 5,000 Baht in cash relief to all 15 million eligible citizens. However, some people have yet to receive the financial aid, as their bank accounts are not linked to the PromptPay service. Read more....


Sept 11 - The Bangkok Metropolitan Administration (BMA) has opened hot lines 1646 and 1669 for people in Bangkok to seek consultation with experts if they believe they are at risk  of becoming infected or believe they may have been infected with Covid-19. Read more....


Sept 3 - Phuket Model  

  • According to the Tourism and Sports Minister, Phiphat Ratchakitprakarn, the Ministry is reviewing international destinations that have been Covid-19 free for at least 28 days and is assessing demand for travel to Thailand. Read more....

Aug 28 - State of Emergency Extended

  • The Cabinet approved a one-month extension of the state of emergency to September 30 to control the Covid-19 outbreak. Read more....

Aug 14 - The BOI has launched the new 2020 campaign “Think Resilience, Think Thailand”, to showcase Thailand's resilience and to reinforce its status as the region’s prime investment destination. Read more....


Aug 7 - Groups Of People Allowed To Fly Into Thailand

  • The Civil Aviation Authority of Thailand (CAAT) has listed 11 groups of Thai and non-Thai nationals permitted to enter Thailand, effective from August 4. Read more....

July 31 - According to the Global Covid-19 Index (GCI), Thailand ranked first in the world out of 184 countries for its ongoing Covid-19 recovery effort. Read more....


July 24 - Visa Amnesty Renewed

  • The Cabinet approved the renewal of the visa amnesty for foreigners stranded in Thailand during the Covid-19 crisis. Read more....

July 17 -Exemption measures under review 

  • Prime Minister General Prayut Chan-o-cha apologized to the public and ordered concerned authorities to review privileges given to foreign diplomats and family members, and military delegations after an Egyptian soldier and the daughter of a Sudanese diplomat who tested positive were exempted from the quarantine. Read more....

July 10 - Thailand’s international quarantine status 

  • Despite no locally transmitted cases of Covid-19 for 45 days, Thailand is still designated as a “red light” country and Thais arriving in England will still be required to self-isolate for 14 days. Read more...

July 3 - Mahidol University unveils Covid-19 antibody test robot -A development project to create a Covid-19 vaccine in Thailand is on track to start clinical trials in humans soon. Read more...


June 26 - Prime Minister General Prayut Chan-o-cha met with the Federation of Thai Industries to exchange views on the “new normal” direction of Thai industries under the covid-19 situation. Read more...


June 19 - The government is developing a new travel scheme, under which citizens of countries which have managed to control the spread of covid-19, or have low risk of infection, will be allowed to visit Thailand without the 14 days quarantine. Read more...


June 12 - The Board of Trade (BoT) of Thailand has suggested that the government either join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) or sign a free trade agreement (FTA) with the European Union as soon as possible before foreign investors start flocking to other countries like Vietnam. Read more...


June 5 - The Parliament passes record 1.9-trillion-baht aid package. Read more...


May 29 - According to the Ministry of foreign Affairs, non-Thai nationals who either possess valid work permits or have already been granted permission from a Thai government agency to work in the Kingdom can apply for permission to enter the Kingdom. Read more...


May 22 - The Monetary Policy Committee (MPC) of the Bank of Thailand cut the benchmark interest rate by 25 basis points, to a new record low of 0.50%, with immediate effect. Read more...


May 15 - Prime Minister Prayut Chan-o-cha said that the Emergency Decree may or may not be extended beyond the end of May, depending on the covid-19 situation. Read more...


May 8 - The government is planning the next round of easing disease control measures and reopening of businesses on May 17. Read more...


April 28 - The state of emergency is extended for 1 more month, until the end of May. Read more...


April 24 -  Foreigners whose visas have expired since March 26, 2020 will be permitted to stay until July 31, 2020 without having to apply for an extension at immigration offices. Read more...


April 4 - There is a move by the Cabinet to grant automatic renewal of tourist visas for those who arrived in Thailand after March 1, 2020. Read more...


Mar 24 - Ministry of Commerce now allows AGMs to be conducted online, provided that 1/3 of attendees are present and resident in Thailand. This is in addition to their earlier extension of filing deadlines.


Mar 24  - The Cabinet approved additional measures to help Thai workers who are not under the Social Security Fund and impacted by the outbreak of covid-19. Read more...


Mar 24 - The Prime Minster has declared a State of Emergency along with a raft of new restrictive measures that will come into effect on Thursday. Read more...


All AMCHAM members receive detailed summaries from Amb. Tomwit as government regulations are announced - if you are not receiving this mailing, please contact membership@amchamthailand.com.  You may also access past emails in the MIC (member information center) of the AMCHAM website.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Member Toolkit

Resources for Covid-19

Covid-19 Testing 

Bangkok Hospital is providing a Covid-19 Package for Testing:

Screening of Covid-19 disease by RT-PCR test through oral and nasopharyngeal swabs with medical certificate. Results can be obtained within 24 hrs.

Cost: 5,500 Baht – 6,000 Baht

Validity: Jan 31, 2021

Read more..


Samitivej Hospital is offering Covid-19 Screening Programs:

Covid-19 screening programs including a fit-to-fly medical certificate from both the Samitivej Sukhumvit Hospital and the Samitivej Srinakarin Hospital.

Cost: 4,000 Baht – 4,500 Baht

Read more…


Need The Covid-19 Health Insurance? - Contact AMCHAM member companies who provide Covid-19 insurance. List of companies here…

LMG Insurance has launched a group Covid-19 insurance for companies:

The group insurance must include a minimum of 30 persons and has a waiting period of 14 days. Medical expenses from Covid-19 will be covered.

Validity: 1 year

Read more…


Assisted State Quarantine

List of AMCHAM member hotels and hospitals offering ASQ:

  • Anantara Riverside Bangkok Resort has partnered with the nearby Bangpakok 9 International Hospital to offer a 15-day, government-approved quarantine package complete with world-class healthcare. Read more...
  • Mövenpick BDMS Wellness Resort provides "15 Day Healthwatch" package. Read more…
  • Bumrungrad International Hospital provides Alternative Hospital Quarantine (AHQ) and Alternative State Quarantine. (ASQ.  Read more...
  • Anantara Siam Bangkok Hotel is offering ASQ packages. Read more...
  • AVANI Pattaya Resort has created an Alternative State Quarantine in partnership with Bangkok Hospital Pattaya. The 15-day accommodation offers a variety of price ranges to choose from.
    Read more…
  • Asset World Corporation provides Alternate State Quarantine. Le Meridien Bangkok together with BNH Hospital are offering Alternative State Quarantine facility. Read more...
  • BNH Hospital is offering an Alternative State Quarantine (ASQ) service provided by BNH and its partners. The service provides the mandatory 2-week quarantine opportunities in Bangkok with a variety of facilities to choose from. Read more…
  • Cathay Pacific has cooperated with six government-certified ASQ operators in partnership with leading hospitals to offer benefits for their passengers. To enjoy special offer from their partnered ASQ operators, simply present your Cathay Pacific e-ticket when make a booking for your ASQ accommodation. Contact Cathay Pacific Thailand Office at +66-2-787-3366 press 1 or email bkkrestkt@cathaypacific.com for more details.

Hill & Associates is tracking the pandemic and response measures in 19 Asian countries and territories. Read more...


Work From Home Resources

HP SMB Subscription provides a complete solution for consuming and managing PC and Print requirements. Start your business with easy, ready-made solution. Read more... or Call at 1-800-012-215 (Free)


Sasin School of Management is offering two seats to AMCHAM members in their upcoming Sasin-SHRM Advanced Diploma in HR Management  at 50% off the full price of 295,000 Baht (147,500 Baht). This is a first-come, first-served offer (1 seat per company) that can be reserved by emailing their team at executiveeducation@sasin.edu.


Need to store data?

Seagate provides Ultra Touch SSD, the ultimate external SSD for storing photos, videos, and music from your mobile device. Read more…


dtac offers Covid-19 insurance packages:

Package 1: includes 500 MB speed internet for 30 days with a Covid-19 insurance coverage.

Package 2: includes 5 GB speed internet for 365 days with a Covid-19 insurance.

Cost: 99 Baht – 1,199 Baht

Read more…


From the U.S.  Embassy

Covid-19 Information


Ministry of Public Health 

"1422" - covid-19 Helpline Number 

Updates in English


PR Thai Government 

  Daily Media Briefing


Member News

International SOS has a dedicated pandemic webpage updated by their medical and security experts on the Covid-19 situation globally and locally. Read more...


Gensler shares Working from home experience & insights from Asia Pacific Middle East. Read more...


GP Strategies is providing a guide for organisations that are asking how they can convert their existing training content into Virtual Instructor Led Training (VILT). Read more...


Sustainability approaches have moved beyond sporadic corporate philanthropy to become the core of operating models and business strategies. Mahanakorn Partners Group explains Covid-19 and Business Sustainability Read more...


ZeroWater Thailand offers advanced water filtration at home for the purest tasting drinking water. Filtering regular tap water, an exclusive 5-stage advanced filtration system delivers zero dissolved solids in your drinking water to provide the purest tasting water, reduce plastic bottle waste, and save money versus premium bottled water. Each unit comes with its own TDS (total dissolved solids) tester and an easy to use spigot. AMCHAM members can avail a 15% discount on replacement filter orders for their ZeroWater product. Read more...

 

 


The covid-19 pandemic brings new challenges for companies relocating employees. Santa Fe's Compliant Virtual Survey helps plan these moves without entering the employee's home.  Read more...


Cushman & Wakefield prepares resources to prepare building and business owners for a return to their premises. Read their Safe Six Checklist and Recovery Readiness How to Guide.


Manpower Group shares an update on how businesses can  gear towards returning safely back to work in the new normal. Read more...


The developers behind BASIS International School offer the services of Nakorthon Hospital and their new dedicated Covid-19 testing center and lab. Read more...


Bangkok Hospital is offering screening tests for covid-19 using real-time PCR conducted by their certified laboratory. Test results can be quickly obtained within 9-24 hours. Read more...


HP is offering monthly leasing programs for laptops and printers. Read more…


Fitdao offers live streaming for corporate wellbeing at home. AMCHAM members can avail a 10% discount on wellness programs. Read more...


PCS is offering disinfection and sanitizing service in accordance with an international standard to prevent infection in the air and onto surfaces. Read more...


G4S Security Services offers professional Covid-19 eradication solutions for offices, buildings, factories and homes nationwide. Contact Jetachaikorn Wongkanjana or Puncharat Rachajak.   


Working remotely sooner than you planned? Cisco offers a 90-day Full Feature Webex Free Trial, provisioned within 24 hours for applicants that complete this form. 

 


Hungry? These F&B AMCHAM members deliver food to your doorstep!

 

 

If you have information to include in our daily digest please contact varsha@amchamthailand.com and cc comm@amchamthailand.com

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