business

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

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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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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

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Securing BOI Privileges in Thailand

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

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