Thailand offers a structured, incentive-driven pathway for foreign investment under the Board of Investment (BOI) regime. Obtaining BOI promotion is frequently essential for operational viability and accessing critical legal and fiscal benefits. However, the application process demands precise legal compliance …

Bangkok, Thailand – [June 2025] – Formichella & Sritawat is pleased to announce a significant victory for an engineering client with the successful conclusion of a litigation matter that resulted in a judgment of Thai Baht 220 million in favor …

By Dr. Paul Crosio May 2025 Thailand’s arbitration framework, anchored by its ratification of the 1958 New York Convention and the Arbitration Act B.E. 2545 (2002), provides a structured pathway for enforcing domestic and foreign arbitral awards. While the system …

According to recent media releases, Thailand’s Revenue Department is advancing legislative amendments on how foreign income remitted to the country is taxed — a move with significant implications for Thai residents and global professionals. 𝗣𝗿𝗲𝘃𝗶𝗼𝘂𝘀 𝗖𝗵𝗮𝗻𝗴𝗲𝘀: This change brought out …

By Dr. Paul Crosio April 2025 Thailand’s Ministry of Justice has unveiled draft amendments to the Anti-Money Laundering Act B.E. 2542 (1999). This signalled a significant escalation in efforts to combat financial crime, corruption, and illicit foreign ownership structures. The …

April 2025 Thailand has been experiencing an epidemic of locally called “scam calls,” reportedly from “scam call centers” in neighboring countries. Losses due to online scams are estimated at 60-70 million Thai Baht (US$1.8-2 million) per day. Per the Bangkok …

Formichella & Sritawat February 2025 According to the latest news, the Department of Business Development (DBD) under the Thai Ministry of Commerce will probe thousands of Thai-registered companies in 2025 to crack down on foreign businesses using Thai nominees. According …

Asia Business Law Journal, an award-winning portal providing news, analysis, and expert advice on business law in Asia to in-house counsel, lawyers in private practice, and other business and legal leaders, has named partner John Formichella to its A-List, Thailand’s …

Formichella & Sritawat December 2024 The draft Space Activities Act (Draft Act) is a comprehensive national space law that regulates space affairs and activities supporting its space sector. These include the registration of space objects and the management of aid …

Formichella & Sritawat October 2024 The B2C commerce sector in Thailand has experienced phenomenal growth over the past decade, primarily due to the adoption of new digital platforms. The sales volume statistics for Thailand’s e-commerce market in 2023 stand at …