Thailand is considering a pilot scheme to allow Chinese tourists visa-free entry into the country to boost tourism. Pipat Ratchakitprakarn, the country’s tourism minister, told Prachachat Business newspaper last week that he was prepared to introduce visa-free travel for Indian tourists as well as Chinese visitors.
In compliance with the obligations to implement OECD/BEPS reforms, Thailand’s Cabinet has just announced the complete cancellation of all tax benefits granted under three longstanding and significant BOI incentive programs: Regional Headquarters (ROHs), International Headquarters (IHQs), and International Trade Centers (ITCs).
Background: All foreigners who desire to work in Thailand must hold a valid work permit to authorize their employment by a named employer, to carry out specified duties. This is except for accredited diplomats, and those employed by the United Nations and associated agencies.
Thailand’s e-commerce market has grown significantly in recent years to become the second largest business-to-consumer e-commerce market in South East Asia, creating strong opportunities for Australian business.