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 … Read More
Author Archives: Formichella Sritawat
Thailand Updates Tax Regulations on Foreign Income: Taxation of Global Income on the Back Burner as Investments Take Priority
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 … Read More
Thailand: Telecom License Applications as a Tool for Investigations
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 … Read More
Thailand: Nominee Shareholding – Opinions of the Thai Supreme Court
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 … Read More
Press Release: Asia Business Law Journal recognizes Formichella & Sritawat and Founding Partner John Formichella
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 … Read More
Thailand Space Law Introduction: National Legal, Regulatory, and Policy Framework
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 … Read More
E-Commerce Licensing for Foreign Operators and Minority Shareholding Exceptions – Thailand
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 … Read More
Thailand: Personal Data Protection Committee Issues Fines for Violation of Personal Data Protection Act
October 2024 Thailand’s Personal Data Protection Committee (“PDPC”) has issued what is believed to be its first fine for violation of the Personal Data Protection Act (“PDPA”). The fine, estimated to be the Thai Baht equivalent of just under Euro … Read More
Digital Intermediary Service Providers – Copyright Safe Harbour Protections – Thailand
October 2024 With all the discussions regarding regulating digital platforms, we think it is time to address some safe harbour protections for social media platforms under Thai law. This article is certainly not exhaustive and is intended to give the … Read More
The Draft Film and Game Act – Thailand – Reportedly Will Go Through Substantive Revisions
Formichella & Sritawat August 2024 The Draft Film and Game Act (Draft FGA) was revealed during public hearings by Thailand’s Department of Cultural Promotion in April 2023. Some online articles refer to the Draft FGA as the “Movies and Games … Read More