mscinterlawbd, Author at MSC International Law Office

Doing Business in Thailand (Example of Medical & Healthcare Sector)

Article, Article by Chawit, Article by Kantinan, Article by Nattaya, Article by Paveetida

MSC Insight Doing Business in Thailand Guide With a Specific Example of Healthcare Business Introduction Thailand actively encourages foreign investments; however, foreign investors must comply with the regulatory framework designed to safeguard national interests. This guideline provides an overview of the principle legal considerations for foreigners seeking to establish or operate a business in Thailand. […]

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Negative Income Tax

Article, Article by Kantinan, Article by Nattaya

MSC Insight Negative Income Tax What Is Negative Income Tax? Negative income tax (“NIT”) is a concept known and implemented under different names in countries like the US, UK and some other welfare states. NIT is recently introduced by the Thai government which is planned to be implemented by the year 2027. The idea behind

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The Future of Lawyers and Generative AI

Article, Article by Atis

MSC Article The Future of Lawyers and Generative AI: Navigating the Legal Frontier Introduction Generative AI, such as OpenAI’s ChatGPT, is reshaping professional services across industries, and the legal sector is no exception. Since its public debut in late 2022, legal professionals have begun exploring how these advanced tools can streamline workflows, reduce costs, and

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What We Learn from the “Mad Unicorn”

Article, Article by Nattaya

MSC Insight What We Learn from the “Mad Unicorn” What’s a Unicorn? A Unicorn is a startup term to describe a privately-owned company (as opposed to a listed company) that is valued over USD 1 billion. Why Do Investors Want to Own Shares in a Company? In the series, we see that the percentages of

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Inheritance Management

Article, Article by Rapeepong

MSC Article Inheritance Management It is natural for anyone to desire assets for the sake of comfort, stability, and prosperity in life. The assets one acquires are not only used up for daily living, but many people also set aside a portion for future needs—both for themselves and for their family and descendants. However, while

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Thailand Digital Arrival Card (TDAC) Implementation

Article by Sawita

Insight Thailand Digital Arrival Card (TDAC) Implementation Effective May 1, 2025, Thailand will implement the Thailand Digital Arrival Card (TDAC) system nationwide, replacing all paper-based immigration forms. This new digital platform will be mandatory for all international travelers entering the Kingdom through any port of entry. The TDAC system allows visitors to complete arrival documentation electronically

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Environmental, Social, and Governance Due Diligence in Thailand

Article, Article by Sawita

MSC Article Environmental, Social, and Governance Due Diligence in Thailand In recent years, Environmental, Social, and Governance (ESG) considerations have gained significant prominence in Thailand’s legal and business landscape. As global emphasis on sustainable business practices intensifies, Thai regulatory authorities have developed a comprehensive framework to address ESG concerns. Below examines the current state of

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Holding Company in Action

Article, Article by Nattaya

MSC Research Holding Company in Action What Is a Holding Company? A holding company is a limited company that primarily holds shares of other companies where its key source of income is dividends, rather than having its own active operation. A holding company can be used for various purposes, as follows. Tax Advantages Exemption on

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Reciprocal Tariffs

Article, Article by Nattaya

MSC Research Reciprocal Tariffs How Global Markets are Shaken under Trump Administration What is Tariff? Tariff is a type of tax imposed by the government (of a particular country) on imported goods. Calculation methods of tariffs include the calculation according to the value of goods (ad valorem), the number of units of goods imported (specific

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NDAs: What Works and What Doesn’t

Article, Article by Chawit, Article by Nattaya

MSC Research Non-Disclosure Agreement What Works and What Doesn’t How do you think Coca Cola continues to keep its formula secret for over 130 years? Coca Cola’s formula secrecy relies massively on non-disclosure agreements, aka NDA, with its employees. Though Thailand’s trade secret law offers indefinite protection of what the law considers ‘trade secret’[1], your

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