The dealings target between Thailand and China is planned to double

Thailand and China are seeking to strengthen their strategic trade and investment partnerships in order to achieve a turnover of 140 billion US$ (4.58 trillion Baht) by 2021, compared with 73 billion US$ at present. The partnership is planned to be developed within the framework of the Eastern Economic Corridor (EEC) of Thailand and the China's Belt and Road Initiative. Read more...

The entry into force of the legislation on land tax is again postponed

According to information from the Ministry of Finance, the draft law on land tax will not come into force in early 2019. This bill was proposed in the first reading in March 2017, but has not yet passed all the necessary procedures. Read more...

VAT tax rate saved

The Government of Thailand has decided to keep the VAT tax rate for another year at a rate of 7%. Read more...

The new ICO rule

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Visa Thailand Elite as a token of gratitude to rescuers in Chiang Rai

Foreign rescuers who participated in the rescue operation of football team and their coach from the cave in Chiang Rai were rewarded with Thai Elite visas (long-term elite visas) as a token of gratitude. Such a complimentary bonus was organized by the Ministry of Tourism and Sports of Thailand on behalf of the grateful government. Read more...