Thailand has recently formalized several changes to its visa policies. The main goals are to simplify the system, prevent misuse (like “visa runs” and overstays), and better manage tourism. Rather than eliminating visas, the changes restructure them and add new … Read More
Author Archives: Dr. Paul Crosio
BOI Issues New Rules on Expatriate Employment and Remuneration
In June 2025, the Thailand Board of Investment (“BOI”) released Notification No. Por. 8/2568 (the “Notification”), setting out new requirements on how BOI-promoted companies may appoint and retain foreign personnel. The changes mark a shift in regulatory policy, particularly for … Read More
New Strict Alcohol Sales Laws in Thailand Effective November 2025
Thailand’s Alcoholic Beverage Control Act 2025, effective 8 November, 2025, bans retail alcohol sales from midnight to 11:00 AM, tightens advertising rules, and increases penalties up to 500,000 Baht. It also closes advertising loopholes such as clothing / soda. Hotels may sell 24/7, and low-alcohol drinks are exempt. … Read More
Thailand’s Digital Assets Blueprint: Balancing Fintech Innovation with Firm Control
Thailand is rapidly developing one of Asia’s most structured frameworks for digital assets, shifting from outright prohibition to a nuanced model of “regulated innovation.” For legal and fintech professionals, the recent developments offer a masterclass in how a jurisdiction can cautiously open … Read More
Thailand’s Amended Organic Act on Anti-Corruption: Enhanced Whistleblower Protection and Corporate Compliance Requirements
Thailand’s amended Organic Act on Anti-Corruption (No.2) B.E. 2568 (2025) strengthens whistleblower protection, empowering the NACC to shield individuals reporting corruption from retaliation. This reform heightens compliance demands for businesses in Thailand. Formichella & Sritawat, led by Paul Crosio, offers expert guidance to align your company with these changes through robust governance and compliance solutions. Learn how to safeguard your business today.
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Thailand’s Crackdown Continues: The three No’s – No visa, No bank account and No job.
Thailand’s 2025 crackdown on visa misuse and stricter banking rules is reshaping life for expats, students, and digital nomads. From revoking 10,000 student visas to scrutinizing DTV holders, authorities are cracking down on fraud, while banks like Bangkok Bank tighten account requirements. Learn how to navigate the new rules, avoid risky visa agents, and secure your stay in the Land of Smiles.
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Thailand’s TouristDigiPay: An Overview of the New E-Wallet Scheme for Visiting Thailand
Thailand’s tourism sector is advancing into the digital era with the launch of TouristDigiPay, a regulatory sandbox initiative that allows foreign tourists to top up e-money wallets with various assets, including cryptocurrencies, other digital or tokenized assets, and traditional assets such … Read More
Australia’s Bunnings Ruling Sounds Alarm for Facial Recognition Use in Thailand
HOW AN AUSTRALIAN DATA PRIVACY CASE SIGNALS STRICT LIMITS ON FACIAL RECOGNITION TECHNOLOGY USE IN THAILAND. A landmark ruling against Australia’s hardware store “Bunnings” for the unlawful use of facial recognition technology (FRT) serves as a wake-up call for Thai … Read More
Comprehensive Guide to Registering a Company to Import Wine and Spirits into Thailand: Laws, Requirements, and Sales Permissions
Thailand’s alcoholic beverage market offers significant business potential, but entering it requires careful compliance with a strict regulatory framework. The key authorities involved are the Excise Department, Customs Department, and the Revenue Department — each playing a distinct role in the approval, taxation, and … Read More
Thailand’s Unprecedented Crackdown on Illegal Nominee Structures: Compliance Options
Thai authorities are executing their most aggressive campaign to date against illegal nominee structures used to bypass the Foreign Business Act (FBA). This multi-agency enforcement effort, widely reported by outlets such as the Bangkok Post, leverages powerful new data integration tools … Read More