The Revenue Department has warned companies registered as a juristic person that they have until May 30th to pay their taxes in person or face fines of 2,000 baht for companies and 1,000 baht for foundations and associations as well as two charges; failure to pay taxes and failure to declare revenue. Those who have opted to submit payment online have until June 7. The deadline is for the accounting period ending December 31, 2016. If you are not sure of your responsibilities please get in touch with Sunbelt Asiaís accounting department here.
Immigration at Hua Hin in Prachuab Khiri Khan is testing a new app and queuing system for foreigners using the services at a local shopping center one stop office. The new service, which allows users to scan a QR code with their smartphone to check their position in the queue and the remaining estimated waiting time. The QR code system is being used for those requesting short Ė term visa extensions, 90 day reporting, re-entry permits and making resident notifications. The One Stop Service Center is at Blueport Hua Hin shopping center and is hoped to reduce the number of people using the Immigration Office. Users of the app will be able to take part in a survey on the service as well. The Immigration Bureau hopes to extend this QR Code One Stop Service to other busy Immigration offices around the country.
The Board of Investment forecast that the total value of investments receiving BOI promotion will reach at least 1 trillion baht over the next three years and could easily reach 1.5 trillion baht. Actual investment in projects under BOI support in the past three years reached more than 1.7 trillion baht as of the first quarter 2017. Actual investment from 2016 to the first quarter of 2017 was more than 750 billion baht.
The WannaCry Cyber attack hit more than 100,000 organizations in over150 countries last week, the ransomware targeted systems running Microsoft that had not applied a patch to cover a security hole in March. Older machines running Windows XP and were not freely offered the patch and so remained more vulnerable. More attacks may appear this week as people return to work and power up their machines. The malware targeted businesses and organizations including hospitals demanding payment, if not payment was received then the organizationís files would be destroyed. A computer researcher found a way to kill the malware but that does not affect systems that are already affected. Security experts urge organizations to protect themselves by installing the security fixes, running antivirus software and backing up data elsewhere.
Any foreigner working in Thailand must obtain a Work Permit before beginning work. While a prospective employer may file an application on the foreigner’s behalf in advance of his starting work, the actual Work Permit will not be issued until the foreigner has entered Thailand in accordance with the immigration laws and has presented himself to receive his Work Permit.
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company